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<br />DEED OF TRUST
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<br />CHERRY CREEK MORTGAGE CO., INC.
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<br />7600 E. ORCHARD RD 4250 -14
<br />CO 80111
<br />GREENWOOD VILLAGE,
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<br />DEED OF TRUST
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<br />ELLIS
<br />LOAN NUMBER: 16600202
<br />CASE N[INBER: 321 - 2223724 -703 -
<br />MIN: 100030200166002020 _
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<br />THIS DEED OF TRUST ( "Security Instrument ") is made on JANUARY 31, 2003 , among the grantor
<br />DAVID J. ELLIS AND CHERYL R. ELLIS, HUSBAND AND WIFE
<br />( "Borrower "). The trustee is OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
<br />( "Trustee "). I he beneficiary is Mortgage Electronic Regisnation Systems, Inc. ( "MERS -) (solely as nominee 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 ofPost Office Box 2026, Flint, Michigan 48501 -2026, telephone (888)679 -MERS.
<br />CHERRY CREEK MORTGAGE CO., INC.
<br />which is orgarized and existing under the laws of THE STATE OF COLORADO , and whose address is
<br />7600 E. ORCHARD RD 4250 -N GREENWOOD VILLAGE, 7600 E. ORCHARD RD 4250 -N 80111
<br />( "Lender "), Borrower owes Lender the principal sum of
<br />SEVENTY -FOUR THOUSAND NINE HUNDRED EIGHT AND 00 /100
<br />Dollars(U.S.$ 74,908.00 ). 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 1 This Security Instrument secures to Lender: (a) the repayment of the debt
<br />evidcrierd 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 protect the security of this Security Instrument; and (c) the performance of
<br />Borrowers covenants and agreements under this Security Instrmnent and the Note. For this purpose, Borrower, in
<br />Consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale,
<br />the following described property located in HALL County, Nebraska:
<br />LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF.
<br />which has the address of 2950 SAINT PAUL ROAD, GRAND ISLAND [Sheet City],
<br />Nebraska 68801 [zlp 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 herca(icr a part of the property. All replacements and additions shall 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 Insnunment; 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 limuited to, the right to 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 Nebraska Deed of Trust - 2/91
<br />DomOVei Page l 47
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<br />ELLIS
<br />LOAN NUMBER: 16600202
<br />CASE N[INBER: 321 - 2223724 -703 -
<br />MIN: 100030200166002020 _
<br />L�
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on JANUARY 31, 2003 , among the grantor
<br />DAVID J. ELLIS AND CHERYL R. ELLIS, HUSBAND AND WIFE
<br />( "Borrower "). The trustee is OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
<br />( "Trustee "). I he beneficiary is Mortgage Electronic Regisnation Systems, Inc. ( "MERS -) (solely as nominee 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 ofPost Office Box 2026, Flint, Michigan 48501 -2026, telephone (888)679 -MERS.
<br />CHERRY CREEK MORTGAGE CO., INC.
<br />which is orgarized and existing under the laws of THE STATE OF COLORADO , and whose address is
<br />7600 E. ORCHARD RD 4250 -N GREENWOOD VILLAGE, 7600 E. ORCHARD RD 4250 -N 80111
<br />( "Lender "), Borrower owes Lender the principal sum of
<br />SEVENTY -FOUR THOUSAND NINE HUNDRED EIGHT AND 00 /100
<br />Dollars(U.S.$ 74,908.00 ). 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 1 This Security Instrument secures to Lender: (a) the repayment of the debt
<br />evidcrierd 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 protect the security of this Security Instrument; and (c) the performance of
<br />Borrowers covenants and agreements under this Security Instrmnent and the Note. For this purpose, Borrower, in
<br />Consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale,
<br />the following described property located in HALL County, Nebraska:
<br />LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF.
<br />which has the address of 2950 SAINT PAUL ROAD, GRAND ISLAND [Sheet City],
<br />Nebraska 68801 [zlp 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 herca(icr a part of the property. All replacements and additions shall 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 Insnunment; 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 limuited to, the right to 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 Nebraska Deed of Trust - 2/91
<br />DomOVei Page l 47
<br />wcwwn.vrx ss /upaoo
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