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b <br />('Borrower'). The trustee is FIDELITY NATIONAL TITLE INSURANCE COMPANY <br />( "Trustee "). The beneficiary is Mortgage Electronic Registration Systems, Inc. (`MFRS ") (solely as nominee for Lender, as <br />hereinafter defined, and Lender's successors and assigre). 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 render the laws of THE STATE OF COLORADO , and whose address is <br />3300 E. 1ST AVE., SUITE 460 DENVER, 3300 E. 1ST AVE., SUITE 460 80206 <br />( "Lender "). Borrower owes Tender the principal sum of <br />EIGHTY -FIVE THOUSAND EIGHT HUNDRED SIXTY -NINE AND 00 /100 <br />Dollars (U.S. $ 85, 869.00 ). 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 />JANUARY 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 trust, with power of sale, <br />the following described property located in HALL County, Nebraska: <br />LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF. <br />which has the address of 311 WEST 18TH STREET, GRAND ISLAND Isveo, Ciryl, <br />Nebraska 68801 [Zip Code] ("Property Address"); <br />TOO ETHER 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 ]muted to, releasing or canceling this Security Instrument. <br />FHA Nebraska need of Tease - 2191 <br />ooeenmsl Page I of 6 <br />aocoeieffl x 12/u12000 <br />:v <br />mir <br />0 <br />Zr D <br />N <br />cS V, <br />cv -� <br />o <br />r'01 <br />When Recorded Mail To: <br />CHERRY CREEK MORTGAGE CO., <br />INC <br />3300 E. 1ST AVE., SUITE <br />460 <br />(n <br />r <br />N <br />a <br />DENVER, CO 80206 <br />r <br />S <br />i <br />o <br />M <br />OJ <br />N <br />0 <br />rD <br />N <br />C11 <br />yy�v <br />v <br />Space Above This Line <br />For Recording Da1.1 <br />KIRKPATRICK <br />LOAN NUMBER: <br />16600114 <br />DEED OF <br />TRUST <br />T03 <br />„�s 0 030200166001147 <br />'THIS DEED OF TRUST ( "Security Instwneut ") is made on <br />DECEMBER <br />17, 2002 <br />, among the grantor <br />STEVEN KIRKPATRICK AND <br />DAYNA KIRKPATRICK, <br />HUSBAND AND <br />WIFE <br />('Borrower'). The trustee is FIDELITY NATIONAL TITLE INSURANCE COMPANY <br />( "Trustee "). The beneficiary is Mortgage Electronic Registration Systems, Inc. (`MFRS ") (solely as nominee for Lender, as <br />hereinafter defined, and Lender's successors and assigre). 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 render the laws of THE STATE OF COLORADO , and whose address is <br />3300 E. 1ST AVE., SUITE 460 DENVER, 3300 E. 1ST AVE., SUITE 460 80206 <br />( "Lender "). Borrower owes Tender the principal sum of <br />EIGHTY -FIVE THOUSAND EIGHT HUNDRED SIXTY -NINE AND 00 /100 <br />Dollars (U.S. $ 85, 869.00 ). 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 />JANUARY 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 trust, with power of sale, <br />the following described property located in HALL County, Nebraska: <br />LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF. <br />which has the address of 311 WEST 18TH STREET, GRAND ISLAND Isveo, Ciryl, <br />Nebraska 68801 [Zip Code] ("Property Address"); <br />TOO ETHER 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 ]muted to, releasing or canceling this Security Instrument. <br />FHA Nebraska need of Tease - 2191 <br />ooeenmsl Page I of 6 <br />aocoeieffl x 12/u12000 <br />