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("Borrower" ). The trr stee 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 -MFRS.
<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 />3300 E. LET AVE., SUITE 460 DENVER, 3300 E. LET AVE., SUITE 460 80206
<br />( "Lender "). Borrower owes Lender the principal gum of
<br />FIFTY -NINE THOUSAND YOM HUNDRED THIRTY AND 00 /100
<br />Dollars (U.S. $ 59, 430.00 ). 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 />DECEMBER 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; (h) 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 Instwnent and the Note. For this purpose, Borrower, in
<br />consideration of the debt and the trust herein created, irrevocably grants rand conveys to Trustee, in trust, with power of sale,
<br />the following described property located in HALL Comity, Nebraska:
<br />LOT FIVE (5), BLOCK TWO (2), IN GILBERT'S SECOND ADDITION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />which has the address of 823 WEST 17TH STREET, GRAND ISLAND [Sirm"Cityl.
<br />Nebraska 68801 [zip Lido] ("Property Address ");
<br />I OGETHER 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 />hesmaCent. 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 firented to, the right to foreclose and sell the Property; and to take any action required of
<br />Lender including, but not limited m, releasing or canceling Otis Security Instrument.
<br />FRA Nebraska Deed of Trust -2/91
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<br />"PHIS DEED OF TRUST ( "Security lnstrurnent ") is made on NOVEMBER
<br />5, 2002
<br />, among the
<br />grantor
<br />PEDRO ORTEGA AND OLIVIA ORTEGA, HUSBAND AND WIFE
<br />("Borrower" ). The trr stee 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 -MFRS.
<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 />3300 E. LET AVE., SUITE 460 DENVER, 3300 E. LET AVE., SUITE 460 80206
<br />( "Lender "). Borrower owes Lender the principal gum of
<br />FIFTY -NINE THOUSAND YOM HUNDRED THIRTY AND 00 /100
<br />Dollars (U.S. $ 59, 430.00 ). 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 />DECEMBER 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; (h) 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 Instwnent and the Note. For this purpose, Borrower, in
<br />consideration of the debt and the trust herein created, irrevocably grants rand conveys to Trustee, in trust, with power of sale,
<br />the following described property located in HALL Comity, Nebraska:
<br />LOT FIVE (5), BLOCK TWO (2), IN GILBERT'S SECOND ADDITION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />which has the address of 823 WEST 17TH STREET, GRAND ISLAND [Sirm"Cityl.
<br />Nebraska 68801 [zip Lido] ("Property Address ");
<br />I OGETHER 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 />hesmaCent. 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 firented to, the right to foreclose and sell the Property; and to take any action required of
<br />Lender including, but not limited m, releasing or canceling Otis Security Instrument.
<br />FRA Nebraska Deed of Trust -2/91
<br />rl"orl Page 1 of 6
<br />samanal I— 12 /31/2440
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