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■ <br />1� <br />ZWhen Recorded Mail To: <br />Franklin American Mortgage Company <br />501 Corporate Centre Drive, Suite 400 <br />r' Franklin, Tennessee 37067 <br />rn <br />rn = N <br />7 <br />N LP <br />O0 <br />[Space Above This Line For Recording Data] <br />DEED OF TRUST <br />T l f <br />p <br />1 <br />i� <br />w <br />3 <br />N <br />W <br />N <br />C) U) <br />O --A <br />' D <br />� rn <br />{ o <br />o -n <br />f D <br />to <br />D <br />CIO <br />N <br />tD <br />Cn <br />cnn <br />lam/ <br />0 <br />Co <br />CTS <br />t� <br />rn <br />3 <br />0 <br />PEDERSEN <br />Loan Number 1100222350 <br />. <br />Case Number 321 - 2386488 -703 <br />MIN 100052200002223502 <br />0 <br />G <br />THIS DEED OF TRUST ( "Security Instrument ") is made on JANUARY 28, 2005, among the grantor, DEBRA K. <br />PEDERSEN, UNMARRIED ( "Borrower "). The trustee is `Ty- a -r..S n 0.+i 0 <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)679 -MERS. 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 SIXTY -TWO THOUSAND <br />SIX HUNDRED SEVENTY -NINE AND 00 /100ths Dollars (U.S.$62,679.00). This debt is evidenced by Borrower's <br />note dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if <br />not paid earlier, due and payable on FEBRUARY 1, 2035. This Security Instrument secures to Lender: (a) the repayment <br />of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications of the Note; (b) the <br />payment of all other sums, with interest, advanced under Paragraph 7 to protect the security of this Security Instrument; <br />and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this <br />purpose, Borrower, in consideration of the debt and the trust herein created, irrevocably grants and conveys to Trustee, in <br />trust, with power of sale, the following described property located in HALL County, Nebraska: <br />THE WESTERLY FORTY (40) FEET OF LOT THREE (3) AND THE EASTERLY TWELVE (12) <br />FEET OF LOT FOUR (4), ALL IN BLOCK TWO (2) OF GLADSTONE PLACE IN THE CITY <br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />which has the address of 2717 WEST LOUISE STREET, GRAND ISLAND <br />Nebraska 68803 [Zip Code] ( "Property Address "); <br />[Street, City) , <br />GV2171 -1 (696) Page 1 of 7 FHA Nebraska Deed of Trust <br />