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<br />'.'.'Lc.. R,",,",~)(:l8~ 'hil.::r.o.~ fVlQJ1.~fl> IN;
<br />FINANCIAL FREEDOM SENIOR FUNDING CO~ORATlON ,
<br />A SUBSIDIARY OF INDYMAC BANK, F.S.B. '-e f: CJ1.h y
<br />Len ersrirst COlee
<br />500 NORTH RIDGE ROAD STE. 500.l1AfJ-' 1785 voyager Street
<br />ATLANTA, GEORGIA 30350 ~Cl;m. Suite 100
<br />~ ~ ~IV' SimiValley,CA93063
<br />~ IJ \ ~ \.' [Space Above This Line For Recording Data]
<br />
<br />Statel.[I.~e~l:t[Itf6' FHA Case No. 321-2495684/255
<br />3000124658
<br />
<br />
<br />
<br />This Document Prepared By:
<br />FINANCIAL FREEDOM SENIOR FUNDING CORPORA TlON ,
<br />A SUBSIDIARY OF INDYMAC BANK, F.S.B.
<br />1660 EAST ROSEVILLE PARKWAY, STE 100
<br />ROSEVILLE, CALIFORNIA 30350
<br />
<br />_55, 56
<br />
<br />ADJUSTABLE RATE
<br />HOME EQUITY CONVERSION DEED OF TRUST
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on DECEMBER 20,2007 . The trustor is
<br />LARRY W. CRAVEN AND GLORIA J. CRAVEN, HUSBAND AND WIFE, AS JOINT TENAN TS WITH
<br />RIGHTS OF SURVIVORSHIP
<br />
<br />whose address is 3329 PRIMROSE DRIVE
<br />GRAND ISLAND, NEBRASKA 68801
<br />LENDERS FIRST CHOICE, NE
<br />
<br />"
<br />
<br />("Borrower"). The trustee is
<br />
<br />("Trustee"). The beneficiary is
<br />FINANCIAL FREEDOM SENIOR FUNDING CORPORATION, A SUBSIDIARY OF
<br />INDYMAC BANK, F.S.B.
<br />organized and existing under the laws of THE STATE OF DELAWARE
<br />1660 EAST ROSEVILLE PARKWAY, STE 100, ROSEVILLE, CALIFORNIA 95661
<br />
<br />, which is
<br />, and whose address is
<br />
<br />("Lender"). Borrower has agreed to repay to Lender amounts which Lender is obligated to advance, including future
<br />advances, under the terms of a Home Equity Conversion Loan Agreement dated the same date as this Security
<br />Instrument ("Loan Agreement"), The agreement to repay is evidenced by Borrower's Note dated the same date as
<br />this Security Instrument ("Note"). This Security Instrument secures to Lender: (a) the repayment of the debt
<br />evidenced by the Note, with interest at a rate subject to adjustment, and all renewals, extensions and modifications
<br />of the Note, up to a maximum principal amount of
<br />TWO HUNDRED THIRTY EIGHT THOUSAND FIVE HUNDRED AND 00/100 - - - - - - - - - - - - - - - - - - --
<br />
<br />___..__~______________~~w__________~_________.__________W_M~_________~______~___
<br />
<br />(U.S. $ 238,500.00 ); (b) the payment of all other sums, with interest, advanced under Paragraph 5 to protect the
<br />security of this Security Instrument or otherwise due under the terms of this Security Instrument; and (c the
<br />performance of Borrower's covenants and agreements under this Security Instrument and the Note. The full debt,
<br />including amounts described in (a), (b), and (c) above, ifnot paid earlier, is due and payable on
<br />JUNE 29 , 2094 . For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with
<br />
<br />8051 : 09106
<br />
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