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pppppp„r <br />4V <br />REDLANDS, 92374 <br />n n <br />M <br />E 2 <br />M <br />T ' <br />When Recorded Mail To: <br />h <br />(1 <br />C <br />t (I <br />MOUNTAIN WEST FINANCIAL, INC. <br />rn <br />c <br />N <br />C, <br />1 <br />1302 ORANGE TREE LANE #140 <br />] <br />E <br />co <br />REDLANDS, 92374 <br />n n <br />E 2 <br />t (I <br />N <br />C, <br />1 <br />O <br />Q <br />co <br />� <br />t <br />fV <br />CO <br />C_j <br />M <br />C <br />=s <br />CD <br />va <br />o <br />2 <br />N <br />=y <br />uaJ` <br />O <br />n <br />r <br />�y <br />� <br />j <br />W <br />G> <br />J <br />(� <br />7c <br />U-t <br />co <br />I1j <br />CD <br />n <br />r <br />w <br />[Space Above This Line For Recording Data] <br />THORNTON <br />DEED OF TRUST LOAN NUMBER: 05207072 <br />CABS NUMBER: 321 - 2214978- - 703 <br />MIN: 100154600052070728 <br />THIS DEED OF TRUST ( "Security Instrument ") is made on AUGUST 7, 2002 , among the grantor ( -- <br />MICHAEL S. THORNTON AND LESA J. THORNTON, HUSBAND AND WIFE <br />( "Borrower "). The trustee is FIRST AMERICAN 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 />MOUNTAIN WEST FINANCIAL, INC. <br />which is organized and existing under the laws of CALIFORNIA and whose address is <br />1902 ORANGE TREE LANE #140 REDLANDS, 1902 ORANGE TREE LANE #140 92374 <br />( "Lender "). Borrower owes Lender the principal sum of <br />ONE HUNDRED TWENTY -SIX THOUSAND FOUR AND 00 /100 <br />Dollars (U.S. $ 126, 004.00 ). 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 />SEPTEMBER 1, 2032 . 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 ELEVEN (11), CAPITAL HEIGHTS SEVENTH DIVISION, HALL COUNTY, NEBRASKA. <br />which has the address of 4203 ARIZONA, GRAND ISLAND tSneet, City], <br />Nebraska 68803 [zipcodel( "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 • 2191 <br />DO UUNEI <br />OOCWNe1.v 12/21/2000 <br />Page I of 6 <br />