i^ma
<br />State of Nebraska
<br />n
<br />2
<br />ran
<br />n
<br />r`
<br />Y
<br />C!:
<br />rV
<br />M
<br />=>
<br />-�
<br />C7 V)
<br />M
<br />T
<br />C
<br />z
<br />Sy
<br />C-7)
<br />Q
<br />M
<br />D
<br />cn
<br />T 1
<br />O
<br />r
<br />RECORD AND RETURN TO:
<br />oo C
<br />WELLS FARGO BANK, N. A.
<br />N
<br />3601 MINNESOTA DRIVE, MAC: X470
<br />02
<br />y
<br />CD
<br />BLOOMINGTON, MN 55435
<br />State of Nebraska
<br />n
<br />2
<br />ran
<br />n
<br />r`
<br />Y
<br />C!:
<br />L15_56
<br />[Space Above This Line For Recording Data]
<br />FHA Case No. 321 - 2348575- 952/255
<br />0041513391
<br />ADJUSTABLE RATE
<br />HOME EQUITY CONVERSION SECOND DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument" or "Second Security Instrument ") is made on
<br />AUGUST 13, 2004 . The trustor is
<br />ALLEN L. BUETTNER AND MARTHA E. BUETTNER, HUSBAND AND WIFE AS JOINT TENANTS
<br />whose address is 2360 SOUTH ENGLEMAN ROAD,
<br />ALDA, NEBRASKA 68810
<br />JOHN S. KATELMAN, ESQ.
<br />( "Borrower "). The trustee is
<br />( "Trustee "). The beneficiary
<br />is the Secretary of Housing and Urban Development, whose address is 451 Seventh Street, S.W., Washington, DC
<br />20410 ( "Lender" or "Secretary"). Borrower has agreed to repay to Lender amounts which Lender is obligated to
<br />advance, including future advances, under the terms of a Home Equity Conversion Loan Agreement dated the
<br />same date as this Security Instrument ( "Loan Agreement "). The agreement to repay is evidenced by Borrower's
<br />Note dated the same date as this Security Instrument ( "Second Note "). This Security Instrument secures to
<br />Lender: (a) the repayment of the debt evidenced by the Second Note, with interest at a rate subject to adjustment,
<br />and all renewals, extensions and modifications of the Note, up to a maximum principal amount of
<br />ONE HUNDRED NINETY EIGHT THOUSAND SEVEN HUNDRED FIFTY AND 00 /100 - - - - - - - - - - - - -
<br />--------------------------------------------------------------------------------
<br />(U.S. $ 198,750.00 ); (b) the payment of all other sums, with interest, advanced under Paragraph 5 to
<br />protect the security of this Security Instrument or otherwise due under the terms of this Security Instrument; and
<br />(c) the performance of Borrower's covenants and agreements under this Security Instrument and the Second Note.
<br />The full debt, including amounts described in (a), (b), and (c) above, if not paid earlier, is due and payable on
<br />SEPTEMBER 01 , 2083 . For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with
<br />power of sale, the following described property located in HALL County, Nebraska:
<br />68XB : 02/02 Page 1 of 8
<br />rV
<br />M
<br />=>
<br />-�
<br />C7 V)
<br />O-
<br />Sy
<br />C-7)
<br />O CL
<br />"< O
<br />O
<br />T 1
<br />O
<br />r
<br />oo C
<br />N
<br />N
<br />y
<br />CD
<br />CT)
<br />Crn
<br />Cn z
<br />C/3
<br />O
<br />L15_56
<br />[Space Above This Line For Recording Data]
<br />FHA Case No. 321 - 2348575- 952/255
<br />0041513391
<br />ADJUSTABLE RATE
<br />HOME EQUITY CONVERSION SECOND DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument" or "Second Security Instrument ") is made on
<br />AUGUST 13, 2004 . The trustor is
<br />ALLEN L. BUETTNER AND MARTHA E. BUETTNER, HUSBAND AND WIFE AS JOINT TENANTS
<br />whose address is 2360 SOUTH ENGLEMAN ROAD,
<br />ALDA, NEBRASKA 68810
<br />JOHN S. KATELMAN, ESQ.
<br />( "Borrower "). The trustee is
<br />( "Trustee "). The beneficiary
<br />is the Secretary of Housing and Urban Development, whose address is 451 Seventh Street, S.W., Washington, DC
<br />20410 ( "Lender" or "Secretary"). Borrower has agreed to repay to Lender amounts which Lender is obligated to
<br />advance, including future advances, under the terms of a Home Equity Conversion Loan Agreement dated the
<br />same date as this Security Instrument ( "Loan Agreement "). The agreement to repay is evidenced by Borrower's
<br />Note dated the same date as this Security Instrument ( "Second Note "). This Security Instrument secures to
<br />Lender: (a) the repayment of the debt evidenced by the Second Note, with interest at a rate subject to adjustment,
<br />and all renewals, extensions and modifications of the Note, up to a maximum principal amount of
<br />ONE HUNDRED NINETY EIGHT THOUSAND SEVEN HUNDRED FIFTY AND 00 /100 - - - - - - - - - - - - -
<br />--------------------------------------------------------------------------------
<br />(U.S. $ 198,750.00 ); (b) the payment of all other sums, with interest, advanced under Paragraph 5 to
<br />protect the security of this Security Instrument or otherwise due under the terms of this Security Instrument; and
<br />(c) the performance of Borrower's covenants and agreements under this Security Instrument and the Second Note.
<br />The full debt, including amounts described in (a), (b), and (c) above, if not paid earlier, is due and payable on
<br />SEPTEMBER 01 , 2083 . For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with
<br />power of sale, the following described property located in HALL County, Nebraska:
<br />68XB : 02/02 Page 1 of 8
<br />
|