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<br />Prepared By: American Advisors Group
<br />3800 W Chapman Ave, 3rd Floor
<br />Orange, CA 92868
<br />Record and Return to: American Advisors Group
<br />3800 W Chapman Ave, 3rd Floor
<br />Orange, CA 92868
<br />State of NEBRASKA
<br />[Space Above This Line For Recording Data
<br />FHA Case No. 321 - 3004561 -951.
<br />Loan No. 5001404
<br />MIN: 1009400-0005001404-3
<br />FIXED RATE
<br />HOME EQUITY CONVERSION DEED ®'.TRUST
<br />THIS INSTRUMENT IS A DEED OF TRUST WHICH SECURES FUTURE ADVANCES
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on August 15, 2011. The trustor is David C.
<br />Powers and Rosemary Powers, husband and wife as joint tenants, whose address is 11 KUESTER
<br />LAKE, GRAND ISLAND, Nebraska 68801 ( "Borrower "). The trustee is ,
<br />( "Trustee "). The beneficiary is Mortgage Electronic Registration
<br />Systems Inc. ( "MERS "), which is organized and existing under the laws of Delaware, and whose
<br />address is Delaware. American Advisors Croup is organized and existing under the laws of
<br />California, and has an address of 3800 W Chapman Ave, 3rd Floor, Orange, CA 92868 ( "Lender ").
<br />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 Agreement dated the same date as this
<br />Security Instrument ( "Loan Agreement "). The agreement to repay is evidenced by Borrower's
<br />Fixed -Rate Note dated the same date as this Security Instrument ( "Note "). The beneficiary of this
<br />Security Instrument is MFRS (solely as nominee for Lender and Lender's successors and assigns)
<br />and the successors and assigns of 1MERS. This Security Instrument secures to Lender: (a) the
<br />repayment of the debt evidenced by the Note, with interest at a fixed rate (interest), and all renewals,
<br />extensions and modifications of the Note, up to a maximum principal amount of One Hundred Eighty
<br />Thousand Dollars and Zero Cents (U.S. $180,000.00); (b) the payment of all other sums, with
<br />interest, 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 Note. The full debt, including amounts described in
<br />(a), (b), and (c) above, if not due earlier, is due and payable on March "13, 2085. For this purpose,
<br />Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described
<br />property located in HALL County, NEBRASKA: -k Old h''�ePahhe- AIHI cv-m/ 7-1�11ej
<br />7'7& Forg yih, 9fi . Low S, Al 0 & 31 c �
<br />See legal description as Exhibit A attached hereto and made a part hereof for all intents and
<br />purposes
<br />Page 1 of 10.
<br />HECM first Deed Of Trust
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<br />FHA Case No. 321 - 3004561 -951.
<br />Loan No. 5001404
<br />MIN: 1009400-0005001404-3
<br />FIXED RATE
<br />HOME EQUITY CONVERSION DEED ®'.TRUST
<br />THIS INSTRUMENT IS A DEED OF TRUST WHICH SECURES FUTURE ADVANCES
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on August 15, 2011. The trustor is David C.
<br />Powers and Rosemary Powers, husband and wife as joint tenants, whose address is 11 KUESTER
<br />LAKE, GRAND ISLAND, Nebraska 68801 ( "Borrower "). The trustee is ,
<br />( "Trustee "). The beneficiary is Mortgage Electronic Registration
<br />Systems Inc. ( "MERS "), which is organized and existing under the laws of Delaware, and whose
<br />address is Delaware. American Advisors Croup is organized and existing under the laws of
<br />California, and has an address of 3800 W Chapman Ave, 3rd Floor, Orange, CA 92868 ( "Lender ").
<br />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 Agreement dated the same date as this
<br />Security Instrument ( "Loan Agreement "). The agreement to repay is evidenced by Borrower's
<br />Fixed -Rate Note dated the same date as this Security Instrument ( "Note "). The beneficiary of this
<br />Security Instrument is MFRS (solely as nominee for Lender and Lender's successors and assigns)
<br />and the successors and assigns of 1MERS. This Security Instrument secures to Lender: (a) the
<br />repayment of the debt evidenced by the Note, with interest at a fixed rate (interest), and all renewals,
<br />extensions and modifications of the Note, up to a maximum principal amount of One Hundred Eighty
<br />Thousand Dollars and Zero Cents (U.S. $180,000.00); (b) the payment of all other sums, with
<br />interest, 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 Note. The full debt, including amounts described in
<br />(a), (b), and (c) above, if not due earlier, is due and payable on March "13, 2085. For this purpose,
<br />Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described
<br />property located in HALL County, NEBRASKA: -k Old h''�ePahhe- AIHI cv-m/ 7-1�11ej
<br />7'7& Forg yih, 9fi . Low S, Al 0 & 31 c �
<br />See legal description as Exhibit A attached hereto and made a part hereof for all intents and
<br />purposes
<br />Page 1 of 10.
<br />HECM first Deed Of Trust
<br />
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