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<br />State of Nebraska
<br />[Space Above This Line For Recording Data]
<br />FHA Case No.321- 3013694 951
<br />Loan No. 0322792383
<br />�696, ;z CLOSED -END FIXED RATE
<br />HOME EQUITY CONVERSION SECOND DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument" or "Second Security Instrument ") is made
<br />on 05/21/11 . The trustor is
<br />RODNEY S CHITTY AND JACQUELIN S CHITTY, HUSBAND AND WIFE, AS JOINT TENANTS
<br />WITH RIGHT OF SURVIVORSHIP, AND NOT AS TENANTS IN COMMON
<br />whose address is
<br />620 N GUNBARRELL ROAD , GRAND ISLAND NE 68801
<br />( "Borrower"). The trustee iswells Fargo Fin National Bank ("Trustee "). The beneficiary is
<br />the Secretary of Housing and Urban Development, whose address is 451 Seventh Street, S.W.,
<br />Washington, DC 20410 ( "Lender" or "Secretary"). Borrower has agreed to repay to Lender amounts
<br />which Lender is obligated to advance, including future advances, under the terms of a Home Equity
<br />Conversion Loan Agreement dated the same date as this Security Instrument ('Loan Agreement ").
<br />The agreement to repay is evidenced by Borrower's Note dated the same date as this Security
<br />Instrument ("Second Note "). This Security Instrument secures to Lender: (a) the repayment of the
<br />debt evidenced by the Second Note, with interest and all renewals, extensions and modifications of
<br />the Note, up to a maximum principal amount of
<br />TWO HUNDRED FORTY THREE THOUSAND SEVEN HUNDRED FIFTY AND 00 /100
<br />Dollars (U.S. $ 243,750.00 );(b) the payment of all other sums, with interest,
<br />advanced under Paragraph 5 to protect the security of this Security Instrument or otherwise due
<br />under the terms of this Security Instrument; and (c) the performance of Borrower's covenants and
<br />agreements under this.Security Instrument and the Second Note. The full debt, including amounts
<br />described in (a), (b), and (c) above, if not due earlier, is due and payable
<br />on7ANUARY 28TH , 2089 . For this purpose, Borrower irrevocably grants and conveys to
<br />Trustee, in trust
<br />F.tAmeAean Loan Produ n Services Nebraska HECM Secwd swunty Inebument
<br />® 2000 Fint American R.I Ez SdudO LLC
<br />FALPS6 USM: O NMFL d3808NE Doc Id: QGNE Rev. 012 O Page 1
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<br />State of Nebraska
<br />[Space Above This Line For Recording Data]
<br />FHA Case No.321- 3013694 951
<br />Loan No. 0322792383
<br />�696, ;z CLOSED -END FIXED RATE
<br />HOME EQUITY CONVERSION SECOND DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument" or "Second Security Instrument ") is made
<br />on 05/21/11 . The trustor is
<br />RODNEY S CHITTY AND JACQUELIN S CHITTY, HUSBAND AND WIFE, AS JOINT TENANTS
<br />WITH RIGHT OF SURVIVORSHIP, AND NOT AS TENANTS IN COMMON
<br />whose address is
<br />620 N GUNBARRELL ROAD , GRAND ISLAND NE 68801
<br />( "Borrower"). The trustee iswells Fargo Fin National Bank ("Trustee "). The beneficiary is
<br />the Secretary of Housing and Urban Development, whose address is 451 Seventh Street, S.W.,
<br />Washington, DC 20410 ( "Lender" or "Secretary"). Borrower has agreed to repay to Lender amounts
<br />which Lender is obligated to advance, including future advances, under the terms of a Home Equity
<br />Conversion Loan Agreement dated the same date as this Security Instrument ('Loan Agreement ").
<br />The agreement to repay is evidenced by Borrower's Note dated the same date as this Security
<br />Instrument ("Second Note "). This Security Instrument secures to Lender: (a) the repayment of the
<br />debt evidenced by the Second Note, with interest and all renewals, extensions and modifications of
<br />the Note, up to a maximum principal amount of
<br />TWO HUNDRED FORTY THREE THOUSAND SEVEN HUNDRED FIFTY AND 00 /100
<br />Dollars (U.S. $ 243,750.00 );(b) the payment of all other sums, with interest,
<br />advanced under Paragraph 5 to protect the security of this Security Instrument or otherwise due
<br />under the terms of this Security Instrument; and (c) the performance of Borrower's covenants and
<br />agreements under this.Security Instrument and the Second Note. The full debt, including amounts
<br />described in (a), (b), and (c) above, if not due earlier, is due and payable
<br />on7ANUARY 28TH , 2089 . For this purpose, Borrower irrevocably grants and conveys to
<br />Trustee, in trust
<br />F.tAmeAean Loan Produ n Services Nebraska HECM Secwd swunty Inebument
<br />® 2000 Fint American R.I Ez SdudO LLC
<br />FALPS6 USM: O NMFL d3808NE Doc Id: QGNE Rev. 012 O Page 1
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