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DANIEL J. CLASSEN AND ANY J. CLASSEN, HUSBAND AND WIPE
<br />( "Borrower "). The trustee is TICOR TITLE INSURANCE COMPANY
<br />("Trustee"). The beneficiary i s Mortgage Electronic Registration Systems, Inc. ( "MERS ") (solely as nominee for Lender, as
<br />hereinafter defined, and Lender's successors and assigns). MFRS is organizcd 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 which is organized and existing under the laws of THE STATE OF COLORADO , and whose address s
<br />7600 H. ORCHARD RD #250 -M GREENWOOD VILLAGE, 7600 H. ORCHARD RD #250 -M
<br />80111 ( "Lender "). Borrower owes Lender the principal sum of
<br />ONE HUNDRED THIRTY -SEVEN THOUSAND THREE HUNDRED FIFTY -FOUR AND 00 /100
<br />Dollars (U.S. $ 139, 354.00 ). This debt is evidenced by Borrower's note dated the same date as this Secunty
<br />Instrument ( "Note "), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on
<br />APRIL 1, 2033 . This Secunty 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 Secunty 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 />LOT TWO (2), JEFFREY OAKS SECOND SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />which has the address of 2110 MANSFIELD ROAD, GRAND ISLAND [Street, Clbl,
<br />Nebraska 68803 (zlp Codel( "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 shall also be covered by this Secunty
<br />Instrument. All of the foregoing is referred to in this Secunty Instrument as the "Property." Borrower understands and agrees
<br />that MFRS 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, 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
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<br />103
<br />DEED OF TRUST
<br />MINE
<br />1130200166003358
<br />THIS DEED OF TRUST ( "Secunty Instrument') is made on MARCH 24,
<br />2003
<br />,among the grantor
<br />DANIEL J. CLASSEN AND ANY J. CLASSEN, HUSBAND AND WIPE
<br />( "Borrower "). The trustee is TICOR TITLE INSURANCE COMPANY
<br />("Trustee"). The beneficiary i s Mortgage Electronic Registration Systems, Inc. ( "MERS ") (solely as nominee for Lender, as
<br />hereinafter defined, and Lender's successors and assigns). MFRS is organizcd 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 which is organized and existing under the laws of THE STATE OF COLORADO , and whose address s
<br />7600 H. ORCHARD RD #250 -M GREENWOOD VILLAGE, 7600 H. ORCHARD RD #250 -M
<br />80111 ( "Lender "). Borrower owes Lender the principal sum of
<br />ONE HUNDRED THIRTY -SEVEN THOUSAND THREE HUNDRED FIFTY -FOUR AND 00 /100
<br />Dollars (U.S. $ 139, 354.00 ). This debt is evidenced by Borrower's note dated the same date as this Secunty
<br />Instrument ( "Note "), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on
<br />APRIL 1, 2033 . This Secunty 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 Secunty 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 />LOT TWO (2), JEFFREY OAKS SECOND SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />which has the address of 2110 MANSFIELD ROAD, GRAND ISLAND [Street, Clbl,
<br />Nebraska 68803 (zlp Codel( "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 shall also be covered by this Secunty
<br />Instrument. All of the foregoing is referred to in this Secunty Instrument as the "Property." Borrower understands and agrees
<br />that MFRS 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, 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
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