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200314163 <br />RECORD AND RETURN TO: <br />WELLS FARGO HOME MORTGAGE, INC. <br />2091 WEST FLORIDA AVENUE, SUITE 120 <br />HEMET, CALIFORNIA 92545 <br />[Space Above This Line For Recording Data] <br />State of Nebraska FHA Case No 321- 2318182- 952/255 <br />0034860825 <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 />OCTOBER 20, 2003 . The trustor is <br />EVELYN P. MAGNUSON <br />whose address is 1211 WEST 8TH STREET, <br />G ( "Borrower "). The trustee is <br />RAND ISLAND, NEBRASKA 68801 <br />WELLS FARGO HOME MORTGAGE, INC. <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 ( "Lender" 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 FIFTEEN THOUSAND FIVE HUNDRED AND 00 /100 - - - - - - - - - - - - - - - - - - - - - - - - - - <br />------------------------------------------------------------------- <br />(U.S. $ 115,500.00 ); (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 terms 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 />JUNE 08 , 2065 . 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 />68XB : 02/02 Page 1 of 8 <br />