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Recorded Mail To: <br />ti <br />When <br />CHERRY <br />CREEK MORTGAGE CO., INC. 1 D C ^ <br />SA <br />w <br />n y <br />o- <br />C0 <br />V TC <br />a A <br />-n <br />3300 E. <br />1ST AVE., SUITE 460 <br />DENVER, <br />CO 80206 <br />m z <br />4J <br />x m <br />y <br />T• <br />� <br />3 <br />c <br />rr-v <br />o <br />200300136 <br />Cr) <br />C <br />C <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 <br />