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When Recorded Mail To: <br />CHERRY CREEK MORTGAGE CO., INC. <br />7600 E. ORCHARD RD #250 —N <br />GREENWOOD VILLAGE, CO 80111 <br />1P <br />• <br />200306105 <br />0 <br />rn <br />n <br />M <br />'n <br />c <br />i CA <br />n <br />s <br />rn <br />n <br />]Space Above This Line For Recording Data] <br />MONTANEZ- LAZAME <br />LOAN NUMBER: 16600384 <br />DEED OF TRUST CASE NUMBER: 321- 2275925 -703 - <br />MIN: 100030200166003846 <br />THIS DEED OF TRUST ( "Security Instrument ") is made on MAY 15, 2003 , among the grantor <br />SERGIO MONTANEZ — LAZALDE AND SOFIA A. MONTANEZ, HUSBAND AND 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 />FIFTY -FOUR THOUSAND EIGHT HUNDRED TEN AND 00 /100 <br />Dollars (U.S. $ 54,810.00 ). 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 />JUNE 1, 2018 . 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 />LOT SIX (6), BLOCK ONE HUNDRED THIRTY (130), UNION PACIFIC RAILWAY <br />COMPANY'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />which has the address of 410 EAST 7TH STREET, GRAND ISLAND [Street, City], <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 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 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 <br />DOCUUNEI <br />DOCUUNEI.VTX 12/21/2000 <br />Page 1 of 7 <br />V <br />CA 111 <br />R::� <br />n Co <br />r1' <br />Co —1 <br />O <br />fD <br />l� <br />..3 <br />c-- <br />N Cl <br />o <br />Cil <br />- <br />CID <br />a <br />- <br />C/) <br />r, <br />r <br />p <br />o <br />L <br />C!) <br />G� <br />CD <br />0 <br />C <br />� <br />~ <br />co <br />cn <br />]Space Above This Line For Recording Data] <br />MONTANEZ- LAZAME <br />LOAN NUMBER: 16600384 <br />DEED OF TRUST CASE NUMBER: 321- 2275925 -703 - <br />MIN: 100030200166003846 <br />THIS DEED OF TRUST ( "Security Instrument ") is made on MAY 15, 2003 , among the grantor <br />SERGIO MONTANEZ — LAZALDE AND SOFIA A. MONTANEZ, HUSBAND AND 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 />FIFTY -FOUR THOUSAND EIGHT HUNDRED TEN AND 00 /100 <br />Dollars (U.S. $ 54,810.00 ). 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 />JUNE 1, 2018 . 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 />LOT SIX (6), BLOCK ONE HUNDRED THIRTY (130), UNION PACIFIC RAILWAY <br />COMPANY'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />which has the address of 410 EAST 7TH STREET, GRAND ISLAND [Street, City], <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 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 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 <br />DOCUUNEI <br />DOCUUNEI.VTX 12/21/2000 <br />Page 1 of 7 <br />V <br />