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<br />DEED OF TRUST
<br />
<br />SCHLEICHER
<br />Loan Number 1100846134
<br />Case Number 321~2604591-703
<br />MIN 100052211008461343
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<br />THIS DEED OF TRUST ("Security Instrument") is made on JANUARY 7,2009, among the grantor, SAMMY D.
<br />SCHLEICHER and DEBORAH A. SCHLEICHER, HUSBAND AND WIFE AS JOINT TENANTS WITH RIGHT
<br />OF SURVIVORSHIP ("Borrower"). The trustee is OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
<br />("Trustee"). The beneficiary is MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. ("MERS")
<br />(SOLELY AS NOMINEE FOR LENDER, AS HEREINAFTER DEFINED, AND LENDER'S SUCCESSORS AND
<br />ASSIGNS). MERS IS ORGANIZED AND EXISTING UNDER THE LAWS OF DELAWARE, AND HAS AN
<br />ADDRESS AND TELEPHONE NUMBER OF POST OFFICE BOX 2026, FLINT, MICHIGAN 48501-2026,
<br />TELEPHONE (888)679wMERS. FRANKLIN AMERICAN MORTGAGE COMPANY, a corporation organized and
<br />existing under the laws of TENNESSEE, and whose address is 501 CORPORATE CENTRE DRIVE, SUITE 400,
<br />FRANKLIN, TENNESSEE 37067 ("Lender"). Borrower owes Lender the principal sum of ONE HUNDRED
<br />EIGHTY-EIGHT THOUSAND EIGHT AND 00/100ths Dollars (U.S.$188,008.00). This debt is evidenced by
<br />Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the
<br />full debt, if not paid earlier, due and payable on FEBRUARY 1, 2039. This Security Instrument secures to Lender: (a)
<br />the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note;
<br />(b) the payment of all other sums, with interest, advanced under Paragraph 7 to protect the security of this Security
<br />Instrument; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note.
<br />For this purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to
<br />Trustee, in trust, with power of sale, the following described property located in HALL County, Nebraska:
<br />
<br />LOT THREE (3), PLEASANT VIEW FIFTEENTH SUBDIVISION, TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />which has the address of 916 SUN VALLEY PLACE, GRAND ISLAND [Street. City] .
<br />Nebraska 68801 [Zip Code] ("Property Address");
<br />
<br />GV2171-1 (696) Page I of7 FHA Nebraska Deed of Trust
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