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<br />ECREVERRIA N
<br />LOAN NUMBER: 16600122
<br />DEED OF TRUST CARE NU BER: 321 - 2244973 -703 -
<br />MIN: 100030200166001220
<br />THIS DEED OF TRUST' ( "Security m,,,ment ") is made on JANUARY 15, 2003 , among the grantor
<br />JOSE ECHEVERRIA, A SINGLE PERSON
<br />( "Borrower'). The trustee is TICOR TITLE INSURANCE COMPANY
<br />( "Trustee "). The beneficiary is Mortgage Electronic Registration Systems, Inc. ( "MERS ") (solely as nominee for Lender, as
<br />hereinafter defined, and Lender's suecessms 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 48501 -2026, telephone (888)679 -MERS.
<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 />7600 E. ORCHARD RD #250 -N GREENWOOD VILLAGE, 7600 E. ORCHARD RD #250 -N 80111
<br />( "Lender "), Borrower owes Lender the principal sun of
<br />SEVENTY -FOUR THOUSAND FOUR HUNDRED ELEVEN AND 00 /100
<br />Dollars(U -S.S 74,411.00 ). 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 and payable on
<br />FEBRUARY 1, 2033 . This Security Instrument scoures 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 />stuns, with interest, advanced under paragraph 7 to protect the security of this Security Intro rent; and (c) 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 Mist herein Created, irrevocably grants and conveys to'I rustee, in trust, with power of sale,
<br />the following described property located in HALL Comity, Nebraska:
<br />LOT ONE (1), BLOCK ELEVEN (11), ORIGINAL TOWN OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />which has the address of 503 WEST 7TH STREET, GRAND ISLAND IStreet, Cryl,
<br />Nebraska 68801 [Zip Code] ( "Property Address ");
<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 shrill also be 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 Instrumem 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 burned to, the right to foreclose and sell the Property; mid to take any action required of
<br />Lender including, but not limited m, releasing or canceling this Security Instrument,
<br />FHA Nebraska Deed of Trost - 2/91
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