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~~ rti; 1"11 <br />~ ~ F___. C`~ U~ <br />j r.........~ ~, ~ 4 ~ ~ <br />n ~ '~i CAD ~ r <br />~ ~i U~ Ci 1 <br />_-~ ~ ~ ~,m <br />z <br />o <br />[Space Above This Line for Recording Data] <br />State of Nebraska DEED OF TRUST FHA Case No. ~~ <br />321-2866941703 ~ ~~ <br />Ci <br />M1N:100416700009921SS3 <br />THIS DEED OF TRUST ("Security Instrument") is made on May 17th ~ 2010 <br />The trustor is Douglas_L Ma~nd Randy S May, husband and wife <br />("Borrower"). <br />The trustee is CharterWest National Bank <br />("Trustee"). The beneficiary is Mortgage Electronic <br />Registration Systems, Inc. ("MFRS") (solely as nominee for Lender, as hereinafter defined, and Lender's <br />successors and assigns). MFRS is organized and existing under the laws of Delaware, and has an address and <br />telephone number of PO Box 2026, Flint, MI 45801-2026, tel. (888) 679-MFRS. <br />CharterWest National Bank <br />which is organized and existing under the laws of the State of Nebraska ,and whose address is <br />714 N Diers Avenue Grand Island, NE 6$803 ("Lender"). <br />Borrower owes Lender the principal sum of One Hundred Tweuty Thousand Thirty Five and 00/100 <br />Dollars (U.S. $120,035.00 ). This debt is <br />evidenced by Borrower's Hate dated the same date as this Security Instrument ("Note"), which provides for <br />monthly payments, with the full debt, if not paid earlier, due and payable on June 01, 2040 <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with <br />interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with <br />interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the <br />performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this <br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following <br />described property located in Hall County, Nebraska: <br />Lot Seventeen (17), in Ed Ross Subdivision #2, Hall Couuty, Nebraska <br />which has the address of4185 W Airport Rd <br />Grand Island <br />[~itY] <br />Nebraska 68803 <br />[Zip Code] <br />[Street] <br />("Property Address"); <br />TOGETIā€¢lER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security <br />Instrument as the "Property". Borrower understands and agrees that MFRS holds only legal title to the <br />interests granted by Borrower in this Security Instrument; but, if necessary to comply with law or custom, <br />MFRS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of <br />those interests, including, but Hat limited to, the right to foreclose and sell the Property; and to take any <br />action required of Lender including, but not limited to, releasing or canceling this Security Instrument. <br />16256.CV (11/07) 90374'7 Page 1 of5 ~~ <br />Return To: ~~~ <br />CharterWest National Bank <br />714 N Diers Avenue <br />(iOTa(OOOted74) <br />Grand Island, NE 68803 <br />