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<br />This Document Prepared By:
<br />CHERRY CREEK MORTGAGE CO., INC.
<br />
<br />7660 E. ORCHARD ROAD #250N
<br />GREENWOOD VILLAGE, COLORADO
<br />
<br />/-;v
<br />/" i>.c.I
<br />,J~
<br />
<br />[Space Above This Line For Recording Data]
<br />
<br />State of Nebraska
<br />
<br />FHA Case No. 321-2500676.952/255
<br />907900026
<br />
<br />ADJUSTABLE RATE
<br />HOME EQUITY CONVERSION DEED OF TRUST
<br />
<br />THIS DEED OF TRUST ("Security Instrument") is made on FEBRUARY 25, 2008 . The trustor is
<br />RENE D. DES LAURIER AND DARLENE R. DES LAURIER, HUSBAND AND WIFE AS JOINT
<br />TENANTS WITH RIGHTS OF SURVIVORSHIP AND NOT AS TENANTS IN COMMON
<br />
<br />whose address is 232 WALDO A VENUE
<br />GRAND ISLAND, NEBRASKA 68803
<br />'i'\:lWJi~~=FI~Kiff"I€ES;=13t:i€ GARY
<br />Association
<br />("Trustee"). The beneficiary is
<br />CHERRY CREEK MORTGAGE CO., INC.
<br />
<br />("Borrower"). The trustee is
<br />D. BYRNE, A Member of the Nebraska State Bar
<br />
<br />organized and existing under the laws of THE STATE OF COLORADO
<br />7660 E. ORCHARD ROAD #250N, GREENWOOD VILLAGE, COLORADO 80111
<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 Agre~ment 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 />ONE HUNDRED TWENTY THOUSAND AND 00/100 - - . - . . - . - - - - - - - - - - - - - . . . . . . . . - . - . - . - . . -
<br />
<br />(U.S. $ 120,000.00 ); (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, if not paid earlier, is due and payable on
<br />JULY 22 , 2077 . For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with
<br />
<br />BD51 : 09/06
<br />
<br />Page 1
<br />
<br />II" " II " " "II "
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