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<br />CHERRY
<br />CREEK MORTGAGE CO., INC. 1 D C ^
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<br />3300 E.
<br />1ST AVE., SUITE 460
<br />DENVER,
<br />CO 80206
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<br />[Space Above This Line For Recording noted
<br />CeAL
<br />MORALFA BER: NT
<br />CORE npnEER: 16600164
<br />DEED OF TRUST
<br />CAGE NIIMRER:
<br />321 - 2248624
<br />-)03 -
<br />HIR: 100030200166001642
<br />THIS
<br />DEED OF TRUST ( "Security Instrument ") is made on DECEMBER
<br />31, 2002
<br />, among the grantor
<br />\
<br />ESWING V. MORALES ORELLANA, A SINGLE PERSON
<br />('Borrower "). The trustee is TICOR TITLE INSURANCE COMPANY
<br />( "Trustee "). The beneficiary is Mortgage Electronic Registration Systems, Inc. ( "MFRS ") (solely as nunhree for Lender, as
<br />hereinafter defined, and Lender's successors and assigns). MERS is organized and existing under the laws of Delaware, and
<br />has an address and telephone number of Post Office Box 2026, Flint, Michigan 49501 -2026, telephone (888)679 -MFRS.
<br />CHERRY CREEK MORTGAGE CO., INC.
<br />which is organized and existing under the laws of THE STATE OF COLORADO , and whose address is
<br />3300 E. 1ST AVE., SUITE 460 DENVER, 3300 E. 1ST AVE., SUITE 460 80206
<br />( "Lender"). Burrower owes Lender die principal sum of
<br />EIGHTY -TWO THOUSAND THREE HUNDRED FORTY -EIGHT AND 00 /100
<br />Dollars(U.S.$ 82,348.00 ). This debt is evidenced by Borrower's note dated the same date as this Security
<br />Instrument ( "Note "), which provides for monthly payments, with the full debt, if not paid earlier, due acrd payable on
<br />JANUARY 1, 2033 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 of the Note; (b) the payment of all other
<br />sums, with interest, advanced under paragraph 7 to prefer r the security of this Security Instrument; and (e) the performance of
<br />Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower, in
<br />consideration of the debt and the trust herein created, irrevocably points and conveys to Trustee, in trust, with power of sale,
<br />the following described property located in HALL Comity, Nebraska:
<br />LOT FIVE (5), IN BLOCK ELEVEN (11), IN PACKER AND BASS'S ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />which has the address of 2003 WEST 5TH STREET, GRAND ISLAND [Sci cio],
<br />Nebraska 68803 idlp Code] ( "Property Address ");
<br />TOGETHER WITH all [Ire improvements now or hereafter erected on the property, and all easements, appurtenances, and
<br />fixtures now or hereafter a part of die property. All replacements and additions shall also he covered by this Security
<br />Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrees
<br />that MERS holds only legal title to the interests granted by Borrower in this Security Instrument; but, if necessary to comply
<br />with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of
<br />those interests, including, but not limited to, die right be foreclose and sell the Property; and to take any action required of
<br />Lender including, but not limited to, releasing or canceling this Security Instrument.
<br />FHA Ncbrusku Decd of Trust - 2191
<br />l¢, P., 1 of6
<br />rocoeser.vrx 12/22 /20uo
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