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<br /> ~ <br /> ~ ';JO n ~ I' <br /> m :J: ~ <br /> .." c:.> Of/) <br /> c: m en c:::>> <=> <br /> () ::J: o-J Ci!J) ----i. <br />N n Z 7\ "-.l.. <:.- C:l> N <br />C9 ~ l: () 0 -<J ~ c=: :z:-l <br />C9 ITJ )> ~ " fTl >i: r- -I'" c:::> <br />-..J () en ~"?~ -<0 or <br />G .,.,;; :r:: 0'1 0 <br />(Jl ~ Y\~ '" en '1z 5' <br /> -f] --.] <br />-..J . ~ Q C). :r rn <br />-->. ~ <br />N ~ r --0 to. ClJ c:::> <br /> ~ C:\. :3 I :;0 Ul 2 <br /> r l> <br /> ~.. (f) -.J 3 <br /> N ;;>'<: (D <br /> > ....... :J <br /> f"'\) ............"~ ..... <br /> U1 <:0 N 2 <br /> (J!.l. t!! <br /> <br />[Space Above This line For Recording Datal <br /> <br />State of Nebraska <br /> <br />FHA Case No. 321-2475696 952 <br /> <br />~ <br /> <br />. () <br /> <br />ADJUSTABLE RATE <br />HOME EQUITY CONVERSION SECOND DEED OF TRUST <br /> <br />o <br /> <br />THIS DEED OF TRUST ("Security Instrument" or "Second Security Instrument") is made <br />on 06/25/07 . The trustor is <br />ENRIQUE AYALA AND VIRGINIA L. AYALA, HUSBAND AND WIFE <br /> <br />whose address is <br />2418 W PHOENIX AVE , GRAND ISLAND NE 68803 <br /> <br />("Borrower"), The trustee is WELLS FARGO FINANCIAL NATL BNK ("Trustee"), The beneficiary is <br />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 <br />which Lender is obligated to advance, including future advances, under the terms of a Home Equity <br />Conversion Loan Agreement dated the same date as this Security Instrument ("Loan Agreement"). <br />The agreement to repay is evidenced by Borrower's Note dated the same date as this Security <br />Instrument ("Second Note"), This Security Instrument secures to Lender: (a) the repayment of the <br />debt evidenced by the Second Note, with interest at a rate subject to adjustment, and all renewals, <br />extensions and modifications of the Note, up to a maximum principal amount of <br />ONE HUNDRED SEVENTY TWO THOUSAND FIVE HUNDRED AND 00/100 <br /> <br />(U.S. $ 172,500.00 );(b) the payment of all other sums, with interest, advanced under <br />Paragraph 5 to protect the security of this Security Instrument or otherwise due under the terms of <br />this Security Instrument; and (c) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Second Note. The full debt, including amounts described in (a), (b), <br />and (c) above, if not paid earlier, is due and payable on OCTOBER 17TH ,2077. For this <br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the <br />following described property located in HALL County, Nebraska: <br /> <br />0077346823 <br />NMFL# 8811 NE (QNNE) Rev. 05/15/2006 <br />68XB : 02102 <br /> <br />Page 1 of 8 <br /> <br />~~ <br /> <br />~<6 ~8:J' <br />