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IV � <br />Can <br />CTI <br />r�.rrrt.wr. <br />RECORD AND RETURN TO: <br />WELLS FARGO BANK, N. A. <br />3601 MINNESOTA DRIVE, MAC: X4701 -022 <br />BLOOMINGTON, MN 55435 <br />State of Nebraska <br />r) <br />X <br />M <br />0 <br />A <br />;0 <br />M <br />c <br />z <br />tis <br />[Space Above This Line For Recording Data] <br />FHA Case No. 321 - 2400935- 952/255 <br />0054360029 <br />ADJUSTABLE RATE <br />HOME EQUITY CONVERSION SECOND DEED OF TRUST <br />THIS DEED OF TRUST ( "Security Instrument" or "Second Security Instrument ") is made on <br />MAY 25, 2005 . The trustor is <br />BERYL I. MCCOIG AND JEAN M. MCCOIG, HUSBAND AND WIFE, AS JOINT TENANTS <br />whose address is 1416 SYLVAN STREET, <br />GRAND ISLAND, NEBRASKA 68801 <br />JOHN S. KATELMAN, ESQ <br />( "Borrower "). The trustee is <br />( "Trustee "). The beneficiary <br />is the Secretary of Housing and Urban Development, whose address is 451 Seventh Street, S.W., Washington, DC <br />20410 ( "bender" or "Secretary "). Borrower has agreed to repay to Lender amounts which Lender is obligated to <br />advance, including future advances, under the terms of a Home Equity Conversion Loan Agreement dated the <br />same date as this Security Instrument ( "Loan Agreement "). The agreement to repay is evidenced by Borrower's <br />Note dated the same date as this Security Instrument ( "Second Note "). This Security Instrument secures to <br />Lender: (a) the repayment of the debt evidenced by the Second Note, with interest at a rate subject to adjustment, <br />and all renewals, extensions and modifications of the Note, up to a maximum principal amount of <br />ONE HUNDRED ONE THOUSAND TWO HUNDRED FIFTY AND 00 /100 - - - - - - - - - - - - - - - - - - - - - - - - <br />(U.S. $ _ 101,250.00 r W � ); (b) the payment of all other sums, with interest, advanced under Paragraph 5 to <br />protect the security of this Security Instrument or otherwise due under the tennis of this Security Instrument; and <br />(c) the performance of Borrower's covenants and agreements under this Security Instrument and the Second Note. <br />The full debt, including amounts described in (a), (b), and (c) above, if not paid earlier, is due and payable on <br />MARCH 15 , 2080 . For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with <br />power of sale, the following described property located in HALL County, Nebraska: <br />68X6: 02/02 Page 1 of 8 <br />(5 15 41 (,/c e-7547 t (!� <br />r <br />o --4 <br />C <br />rn <br />to <br />N. <br />�, <br />cc: D <br />n <br />z <br />rQ <br />T} <br />' <br />F7 <br />CD <br />c <br />t <br />Ul 4� <br />x <br />n <br />f--► <br />U'l <br />._. w <br />CO <br />fah <br />2 <br />0 <br />[Space Above This Line For Recording Data] <br />FHA Case No. 321 - 2400935- 952/255 <br />0054360029 <br />ADJUSTABLE RATE <br />HOME EQUITY CONVERSION SECOND DEED OF TRUST <br />THIS DEED OF TRUST ( "Security Instrument" or "Second Security Instrument ") is made on <br />MAY 25, 2005 . The trustor is <br />BERYL I. MCCOIG AND JEAN M. MCCOIG, HUSBAND AND WIFE, AS JOINT TENANTS <br />whose address is 1416 SYLVAN STREET, <br />GRAND ISLAND, NEBRASKA 68801 <br />JOHN S. KATELMAN, ESQ <br />( "Borrower "). The trustee is <br />( "Trustee "). The beneficiary <br />is the Secretary of Housing and Urban Development, whose address is 451 Seventh Street, S.W., Washington, DC <br />20410 ( "bender" or "Secretary "). Borrower has agreed to repay to Lender amounts which Lender is obligated to <br />advance, including future advances, under the terms of a Home Equity Conversion Loan Agreement dated the <br />same date as this Security Instrument ( "Loan Agreement "). The agreement to repay is evidenced by Borrower's <br />Note dated the same date as this Security Instrument ( "Second Note "). This Security Instrument secures to <br />Lender: (a) the repayment of the debt evidenced by the Second Note, with interest at a rate subject to adjustment, <br />and all renewals, extensions and modifications of the Note, up to a maximum principal amount of <br />ONE HUNDRED ONE THOUSAND TWO HUNDRED FIFTY AND 00 /100 - - - - - - - - - - - - - - - - - - - - - - - - <br />(U.S. $ _ 101,250.00 r W � ); (b) the payment of all other sums, with interest, advanced under Paragraph 5 to <br />protect the security of this Security Instrument or otherwise due under the tennis of this Security Instrument; and <br />(c) the performance of Borrower's covenants and agreements under this Security Instrument and the Second Note. <br />The full debt, including amounts described in (a), (b), and (c) above, if not paid earlier, is due and payable on <br />MARCH 15 , 2080 . For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with <br />power of sale, the following described property located in HALL County, Nebraska: <br />68X6: 02/02 Page 1 of 8 <br />(5 15 41 (,/c e-7547 t (!� <br />r <br />