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BETTY J. SCHONSCHECK, A SINGLE <br />( "Borrower ").Thetrustee is TICOR TITLE INSURANCE COMPANY <br />("Trustee"), 'Ihe 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 mid existing under the laws of Delaware, and <br />has an address and telephone number of Post Office Box 2026, Flint, Michigan 48501 -2026, telephone (988)679 -MERS. <br />CHERRY CREEK MORTGAGE CO., INC. <br />which is organized and existing under the laws of THE STATE OF COLORADO , mid whose address is <br />7600 E. ORCHARn Rn #250 -N GREENWOOD VILLAGE, 7600 E. ORCHARD RD #250 -N <br />80111 ( "Lender "). Borrower owes Lender the principal sum of <br />FIFTY -TWO THOUSAND EIGHTY -SEVEN AND 00 /100 <br />Dollars (U.S. $ 52, 087.00 ). This debt is evidenced by Borrower's now 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 tmsy with power of sale, <br />the following described property located it HALL County, Nebraska: <br />LOT TWENTY THREE (23), WEST HEIGHTS SECOND ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASIXA. <br />which has the address of 503 NORTH SHERMAN STREET, GRAND ISLAND IStreat, City], <br />Nebraska 68803 [zlp noael ( "Property Address "); <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all casements, appurtenances, and <br />fixtures nnw nr hereafter a pmt 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 mid Lender's successors and assigns) has the right: to exercise any or all of <br />those interests, including, but not limited to, the right to foreclose mid sell the Property; and to take any action required of <br />Lender includiig, but not limited to, releasing or canceling this Security Instrument. <br />4 HA Nebraska Hoed of Tnirt - 2M <br />rocuuN11 Pagc 1 of 7 <br />ooavaei.vrx IVW/ loo <br />m <br />When Recorded Mail To: <br />M = <br />co <br />;n <br />o <br />CHERRY CREEK MORTGAGE CO. , INC. <br />X 'P- <br />7600 E. ORCHARD RD #250 -N <br />= l7 U W <br />GREENWOOD VILLAGE, CO 80111 <br />o C <br />r x- <br />200301953 <br />� <br />o <br />N <br />w' <br />Spa 44f Tbfi LimFUr RrrorJing Herel <br />SCXONSCRECR <br />LOAM NIIla9ER <br />121 02112 <br />DEED OF TRUST CASE <br />—ER' <br />321-224]251 <br />-903 <br />- <br />MIN: <br />1--- 302 - 01660 <br />-1022 <br />THIS DEED OF TRUST ( "Security Instrument ") is made on FEBRUARY 14, <br />2003 <br />, among the <br />grantor <br />BETTY J. SCHONSCHECK, A SINGLE <br />( "Borrower ").Thetrustee is TICOR TITLE INSURANCE COMPANY <br />("Trustee"), 'Ihe 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 mid existing under the laws of Delaware, and <br />has an address and telephone number of Post Office Box 2026, Flint, Michigan 48501 -2026, telephone (988)679 -MERS. <br />CHERRY CREEK MORTGAGE CO., INC. <br />which is organized and existing under the laws of THE STATE OF COLORADO , mid whose address is <br />7600 E. ORCHARn Rn #250 -N GREENWOOD VILLAGE, 7600 E. ORCHARD RD #250 -N <br />80111 ( "Lender "). Borrower owes Lender the principal sum of <br />FIFTY -TWO THOUSAND EIGHTY -SEVEN AND 00 /100 <br />Dollars (U.S. $ 52, 087.00 ). This debt is evidenced by Borrower's now 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 tmsy with power of sale, <br />the following described property located it HALL County, Nebraska: <br />LOT TWENTY THREE (23), WEST HEIGHTS SECOND ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASIXA. <br />which has the address of 503 NORTH SHERMAN STREET, GRAND ISLAND IStreat, City], <br />Nebraska 68803 [zlp noael ( "Property Address "); <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all casements, appurtenances, and <br />fixtures nnw nr hereafter a pmt 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 mid Lender's successors and assigns) has the right: to exercise any or all of <br />those interests, including, but not limited to, the right to foreclose mid sell the Property; and to take any action required of <br />Lender includiig, but not limited to, releasing or canceling this Security Instrument. <br />4 HA Nebraska Hoed of Tnirt - 2M <br />rocuuN11 Pagc 1 of 7 <br />ooavaei.vrx IVW/ loo <br />