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<br />DEED OF TRUST
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<br />DELAET
<br />Loan Number 1100401031
<br />Case Number 321-2472785-703
<br />MIN 100052200004010311
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<br />THIS DEED OF TRUST ("Security Instrument") is made on JUNE 15,2007, among the grantor, NATHAN J.
<br />DELAET and MELISSA J. DELAET, HUSBAND AND WIFE and PATRICIA PETERSON ("Borrower"). The
<br />trustee is OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY ("Trustee"). The beneficiary is MORTGAGE
<br />ELECTRONIC REGISTRATION SYSTEMS, INC. ("MERS") (SOLELY AS NOMINEE FOR LENDER, AS
<br />HEREINAFTER DEFINED, AND LENDER'S SUCCESSORS AND ASSIGNS). MERS IS ORGANIZED AND
<br />EXISTING UNDER THE LAWS OF DELAWARE, AND HAS AN ADDRESS AND TELEPHONE NUMBER OF
<br />POST OFFICE BOX 2026, FLINT, MICHIGAN 48501-2026, TELEPHONE (888)679-MERS. FRANKLIN
<br />AMERICAN MORTGAGE COMPANY, a corporation organized and existing under the laws of TENNESSEE, and whose
<br />address is 501 CORPORATE CENTRE DRIVE, SUITE 400, FRANKLIN, TENNESSEE 37067 ("Lendcr"), Borrower
<br />owes Lender the principal sum of ONE HUNDRED SIXTEEN THOUSAND FOUR HUNDRED SEVENTY-SIX AND
<br />00/100ths Dollars (U .S.$116,476.00). 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 />JULY I, 2037. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with
<br />interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest,
<br />advanced under Paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's
<br />covenants and agreemcnts under this Security Instrument and the Note. For this purpose, Borrower, in consideration of the
<br />debt and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, the following
<br />described property located in HALL County, Nebraska:
<br />
<br />LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF
<br />
<br />which has the address of 311 WEST 18TH STREET, GRAND ISLAND
<br />Nebraska 68801 [Zip Code] ("Property Address");
<br />
<br />[Street, City 1 ,
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<br />GV2171-1 (696) Page 1 of?
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<br />FHA Nebraska Deed of Trust
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