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<br />DEED OF TRUST
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<br />Loan Number 1100228892
<br />Case Number 321- 2391879 -703
<br />MIN 100052200002288927
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on MARCH 30, 2005, among the grantor, CHERYL P.
<br />STEPP, A SINGLE PERSON ( "Borrower "). The trustee is TICOR TITLE INSURANCE COMPANY
<br />( "Trustee "). The beneficiary is MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. ("MERS")
<br />(SOLELY AS NOMINEE FOR LENDER, AS HEREINAFTER DEFINED, AND LENDER'S SUCCESSORS AND
<br />ASSIGNS). MERS IS ORGANIZED AND EXISTING UNDER THE LAWS OF DELAWARE, AND HAS AN
<br />ADDRESS AND TELEPHONE NUMBER OF POST OFFICE BOX 2026, FLINT, MICHIGAN 48501 -2026,
<br />TELEPHONE (888)679 -MFRS. FRANKLIN AMERICAN MORTGAGE COMPANY, a corporation organized and
<br />existing under the laws of TENNESSEE, and whose address is 501 CORPORATE CENTRE DRIVE, SUITE 400,
<br />FRANKLIN, TENNESSEE 37067 ( "Lender "). Borrower owes Lender the principal sum of EIGHTY THOUSAND
<br />NINE HUNDRED SEVENTY -NINE AND 00 /100ths Dollars (U.S.$80,979.00). This debt is evidenced by Borrower's
<br />note dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if
<br />not paid earlier, due and payable on APRIL 1, 2035. This Security Instrument secures to Lender: (a) the repayment of the
<br />debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of
<br />all other sums, with interest, advanced under Paragraph 7 to protect the security of this Security Instrument; and (c) the
<br />performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose,
<br />Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust,
<br />with power of sale, the following described property located in HALL County, Nebraska:
<br />LOT TWO (2), BLOCK FIVE (5), IN GILBERT'S SECOND ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />which has the address of 807 WEST 16TH STREET, GRAND ISLAND
<br />Nebraska 68801 [Zip Code] ( "Property Address ");
<br />[Street, City] ,
<br />GV2171 -1 (696) Page 1 of 7 FHA Nebraska Deed of Trust
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<br />[Space Above This Line For Recording Data]
<br />DEED OF TRUST
<br />`I
<br />STEPP �1J"
<br />Loan Number 1100228892
<br />Case Number 321- 2391879 -703
<br />MIN 100052200002288927
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on MARCH 30, 2005, among the grantor, CHERYL P.
<br />STEPP, A SINGLE PERSON ( "Borrower "). The trustee is TICOR TITLE INSURANCE COMPANY
<br />( "Trustee "). The beneficiary is MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. ("MERS")
<br />(SOLELY AS NOMINEE FOR LENDER, AS HEREINAFTER DEFINED, AND LENDER'S SUCCESSORS AND
<br />ASSIGNS). MERS IS ORGANIZED AND EXISTING UNDER THE LAWS OF DELAWARE, AND HAS AN
<br />ADDRESS AND TELEPHONE NUMBER OF POST OFFICE BOX 2026, FLINT, MICHIGAN 48501 -2026,
<br />TELEPHONE (888)679 -MFRS. FRANKLIN AMERICAN MORTGAGE COMPANY, a corporation organized and
<br />existing under the laws of TENNESSEE, and whose address is 501 CORPORATE CENTRE DRIVE, SUITE 400,
<br />FRANKLIN, TENNESSEE 37067 ( "Lender "). Borrower owes Lender the principal sum of EIGHTY THOUSAND
<br />NINE HUNDRED SEVENTY -NINE AND 00 /100ths Dollars (U.S.$80,979.00). This debt is evidenced by Borrower's
<br />note dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if
<br />not paid earlier, due and payable on APRIL 1, 2035. This Security Instrument secures to Lender: (a) the repayment of the
<br />debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of
<br />all other sums, with interest, advanced under Paragraph 7 to protect the security of this Security Instrument; and (c) the
<br />performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose,
<br />Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust,
<br />with power of sale, the following described property located in HALL County, Nebraska:
<br />LOT TWO (2), BLOCK FIVE (5), IN GILBERT'S SECOND ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />which has the address of 807 WEST 16TH STREET, GRAND ISLAND
<br />Nebraska 68801 [Zip Code] ( "Property Address ");
<br />[Street, City] ,
<br />GV2171 -1 (696) Page 1 of 7 FHA Nebraska Deed of Trust
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