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200606683
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200606683
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Last modified
7/28/2006 12:45:57 PM
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7/28/2006 12:45:57 PM
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DEEDS
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200606683
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<br />200606683 <br /> <br />RECORD AND RETURN TO: <br />FINANCIAL FREEDOM SENIOR FUNDING CORPORATION, <br />A SUBSIDIARY OF INDY MAC BANK, F.S.B. Prepared by: <br />500 NORTH RIDGE ROAD STE. 500 <br />A TLANT A, GEORGIA 30350 <br />PHONE: 1-800-423-4222 <br /> <br />[Space Above This Line For Recording Data) <br /> <br />State of Nebraska <br /> <br />FHA Case No. 321~2443670~952/255 <br />3000041063 <br /> <br />ADJUSTABLE RATE <br />HOME EQUITY CONVERSION SECOND DEED OF TRUST <br /> <br />THIS DEED OF TRUST ("Security Instrument" or "Second Security Instrument") is made on <br />JUNE 26, 2006 . The trustor is <br />EDMUND A. MILLER, A WIDOWER <br /> <br />whose address is 2404 NORTH HANCOCK AVENUE, <br />GRAND ISLAND, NEBRASKA 68803 <br />ALLIANCE TITLE, NE <br /> <br />("Borrower"). The trustee is <br /> <br />("Trustee"). <br />The beneficiary is the Secretary of Housing and Urban Development, whose address is 451 Seventh Street, S.W., <br />Washington, DC 20410 ("Lender" or "Secretary"). Borrower has agreed to repay to Lender amounts which Lender <br />is obligated to advance, including future advances, under the terms of a Home Equity Conversion Loan Agreement <br />dated the same date as this Security Instrument ("Loan Agreement"). The agreement to repay is evidenced by <br />Borrower's Note dated the same date as this Security Instrument ("Second Note"). This Security Instrument secures <br />to 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 SEVENTY FIVE THOUSAND FIVE HUNDRED AND 00/100 - - - - - - - - - - - - - - - - - - - - - <br /> <br />(U.S. $ 175,500.00 ); (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 (c) <br />the performance of Borrower's covenants and agreements under this Security Instrument and the Second Note. The <br />full debt, including amounts described in (a), (b), and (c) above, if not paid earlier, is due and payable on <br />JULY 31 , 2072 . For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, <br />with power of sale, the following described property located in HALL County, <br />Nebraska: <br /> <br />SGI5: 12/03 <br /> <br />Page 1 <br />
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