|
( "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 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 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
<br />80111 ( "Lender "). Borrower owes Lender the principal sum of
<br />SIXTY -FOUR THOUSAND FOUR HUNDRED NINETY AND 00 /100
<br />Dollars (U.S. $ 64,490.00 ). 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 />MARCH 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 protect the security of this Security Instrument; 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 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 />THE EASTERLY TWENTY TWO (22) FEET OF LOT THREE (3) AND THE WESTERLY
<br />TWENTY TWO (22) FEET OF LOT TWO, ALL IN BLOCK EIGHT (8), IN H.G.
<br />CLARK'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />which has the address of 515 WEST 9TH, GRAND ISLAND IStrect, Cryl,
<br />Nebraska 68801 izip Code] ( "Properly 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 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 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 linuted 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- 2191
<br />iaremrvni Page I of7
<br />oammcsae.v 12/21/2000
<br />An
<br />C
<br />When Recorded Mail To:
<br />CHERRY CREEK MORTGAGE
<br />CO., Iklq.
<br />7C n G
<br />n
<br />c
<br />7600 E. ORCHARD RD #250 -N
<br />m
<br />GREENWOOD VILLAGE, CO
<br />80111
<br />T I.1
<br />p
<br />ar
<br />p
<br />N
<br />CD
<br />V
<br />r n
<br />CD
<br />CD
<br />7
<br />200301837
<br />u
<br />N
<br />o
<br />[Space Above This Line For Recording Data]
<br />.opens, II
<br />Tom NUM BER:
<br />16600224
<br />DEED OF TRUST
<br />32r-aa2244
<br />-'l03
<br />MIN: 100030:
<br />MIN: 1000302001fifi002244
<br />O
<br />THIS DEED OF TRUST ( "Security
<br />Instrument ") is made on FEBRUARY 13,
<br />2003
<br />, among the
<br />grantor
<br />LOOTS F. BORGES, II AND
<br />SAMANTHA J. BORGES, HUSBAND AND
<br />WIFE
<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 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 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
<br />80111 ( "Lender "). Borrower owes Lender the principal sum of
<br />SIXTY -FOUR THOUSAND FOUR HUNDRED NINETY AND 00 /100
<br />Dollars (U.S. $ 64,490.00 ). 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 />MARCH 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 protect the security of this Security Instrument; 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 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 />THE EASTERLY TWENTY TWO (22) FEET OF LOT THREE (3) AND THE WESTERLY
<br />TWENTY TWO (22) FEET OF LOT TWO, ALL IN BLOCK EIGHT (8), IN H.G.
<br />CLARK'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />which has the address of 515 WEST 9TH, GRAND ISLAND IStrect, Cryl,
<br />Nebraska 68801 izip Code] ( "Properly 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 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 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 linuted 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- 2191
<br />iaremrvni Page I of7
<br />oammcsae.v 12/21/2000
<br />
|