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n <br />When Recorded Mail To: \ <br />MOUNTAIN WEST FINANCIAL, INC. m N (JJ, <br />m <br />u' 1902 ORANGE TREE LANE #140 � C-) <br />~ REDLANDS, 92374 C:>$ <br />M <br />0 <br />M <br />(� o <br />[Space Above This Line For Recording Data] <br />O <br />C'a Cn <br />O <br />r <br />►—� <br />C> __4 <br />-Z� m <br />o, <br />eca <br />C=) <br />tV <br />cc <br />t� <br />= rn <br />v co <br />t--� <br />rsa <br />3 <br />r- <br />r n <br />1--A <br />='ti <br />CZ <br />a) <br />N <br />�., <br />D <br />p <br />CG <br />Cn <br />C.0 <br />(n <br />O <br />FRANFEN C� <br />DEED OF TRUST <br />CASE NUMBER: 32112155568 - 703 <br />c_r <br />THIS DEED OF TRUST ( "Security Instrument ") is made NOVEMBER 1, 2001 The trustor is <br />RAYMOND B. FRANKEN AND TERESSA R. FRANKEN, HUSBAND AND WIFE <br />( "Borrower "). The trustee is <br />FIRST AMERICAN TITLE INSURANCE COMPANY <br />( "Trustee "). The beneficiary is MOUNTAIN WEST FINANCIAL, INC. <br />a corporation which is organized and existing under the laws of <br />CALIFORNIA and whose address is 1902 ORANGE TREE LANE #140 REDLANDS, 1902 <br />ORANGE TREE LANE #140 92374 ( "Lender "). Borrower owes Lender the principal sum <br />of ONE HUNDRED NINETEEN THOUSAND FIFTY -NINE AND 00 /100 <br />Dollars (U.S. $ 119, 059.00 ). 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 on <br />DECEMBER 1, 2031 . This Security Instrument secures to Lender: (a) the repayment of the debt <br />evidenced by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with <br />interest, advanced under paragraph 6 to protect the security of this Security Instrument; and (c) the performance of Borrower's <br />covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, <br />grant and convey to Lender the following described property located in HALL County, Nebraska: <br />LOT ONE (1) FINCK SUBDIVISION, HALL COUNTY, NEBRASKA <br />which has the address of 7233 SOUTH 110TH ROAD, WOOD RIVER [Street, City], <br />Nebraska 68883 [zip Code] ( "Property Address "); <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, <br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a <br />part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is <br />referred to in this Security Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to <br />mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower <br />warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of <br />record. <br />1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and interest on, the <br />debt evidenced by the Note and late charges due under the Note. <br />FHA Nebraska Deed of Trust - 2/91 <br />DOCU2NE1 Page 1 of 6 <br />D0CU2NEI.VTX 12/21/2000 <br />0 <br />