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When Recorded Mail To:
<br />Franklin American Mortgage Company
<br />501 Corporate Centre Drive, Suite 400
<br />Franklin, Tennessee 37067
<br />200005399
<br />[Space Above This Line For Recording Data]
<br />DEED OF TRUST
<br />KARN
<br />Loan Number 20244
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on JUNE 30, 2000. The trustor is CHRISTOPHER J. KARN, Y
<br />MARRIED and JEANIE M. KARN, HIS WIFE ( "Borrower "). The trustee is TICOR TITLE INSURANCE COMPANY
<br />( "Trustee "). The beneficiary is FRANKLIN AMERICAN MORTGAGE COMPANY, which is organized and existing under the
<br />laws of TENNESSEE, and whose address is 501 CORPORATE CENTRE DRIVE, SUITE 400, FRANKLIN, TENNESSEE
<br />37067 ( "Lender "). Borrower owes Lender the principal sum of ONE HUNDRED FIFTY -FOUR THOUSAND SEVEN
<br />HUNDRED AND 00 /100ths Dollars (U.S.$154,700.00). This debt is evidenced by Borrower's note dated the same date as this
<br />Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not paid earlier, due and payable
<br />on JULY 1, 2030. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with
<br />interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest,
<br />advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's
<br />covenants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of
<br />sale, the following described property located in HALL County, Nebraska:
<br />LOT THIRTY -SIX (36), REGENCY BY THE GREEN SUBDIVISION IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />BEING THE SAME PROPERTY CONVEYED TO THE WITHIN NAMED GRANTORS BY DEED OF
<br />EVEN DATE, WHICH INSTRUMENT IS BEING RECORDED SIMULTANEOUSLY HEREWITH.
<br />which has the address of 2621 CHISHOLM TRAIL CIRCLE, GRAND ISLAND,
<br />Nebraska 68801 ( "Property Address ");
<br />[Zip Code]
<br />[street, City]
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and
<br />fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security
<br />Instrument. All of the foregoing is referred to in this Security Instrument as the "Property."
<br />NEBRASKA - Single Family- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT (page I of 7pages) Form 3028 9/90
<br />GV2023 -1 Amended 5/91
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<br />[Space Above This Line For Recording Data]
<br />DEED OF TRUST
<br />KARN
<br />Loan Number 20244
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on JUNE 30, 2000. The trustor is CHRISTOPHER J. KARN, Y
<br />MARRIED and JEANIE M. KARN, HIS WIFE ( "Borrower "). The trustee is TICOR TITLE INSURANCE COMPANY
<br />( "Trustee "). The beneficiary is FRANKLIN AMERICAN MORTGAGE COMPANY, which is organized and existing under the
<br />laws of TENNESSEE, and whose address is 501 CORPORATE CENTRE DRIVE, SUITE 400, FRANKLIN, TENNESSEE
<br />37067 ( "Lender "). Borrower owes Lender the principal sum of ONE HUNDRED FIFTY -FOUR THOUSAND SEVEN
<br />HUNDRED AND 00 /100ths Dollars (U.S.$154,700.00). This debt is evidenced by Borrower's note dated the same date as this
<br />Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not paid earlier, due and payable
<br />on JULY 1, 2030. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with
<br />interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest,
<br />advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's
<br />covenants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of
<br />sale, the following described property located in HALL County, Nebraska:
<br />LOT THIRTY -SIX (36), REGENCY BY THE GREEN SUBDIVISION IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />BEING THE SAME PROPERTY CONVEYED TO THE WITHIN NAMED GRANTORS BY DEED OF
<br />EVEN DATE, WHICH INSTRUMENT IS BEING RECORDED SIMULTANEOUSLY HEREWITH.
<br />which has the address of 2621 CHISHOLM TRAIL CIRCLE, GRAND ISLAND,
<br />Nebraska 68801 ( "Property Address ");
<br />[Zip Code]
<br />[street, City]
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and
<br />fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security
<br />Instrument. All of the foregoing is referred to in this Security Instrument as the "Property."
<br />NEBRASKA - Single Family- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT (page I of 7pages) Form 3028 9/90
<br />GV2023 -1 Amended 5/91
<br />
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