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20�2 �a �� aaa�s of 1050 Woodwa rd Ave, Detroi t, MI 48226-1906 . Borrower owes Lender the principal sum of One Hundred Fourteen Thousand Nine Hundred Eighty Eight and 00/100 Dollars (U .S. $114, 988. 00 y. Z'his debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note")� which provides for montbly payments, with the fiill debt, if not paid earlier, due and payable on .7 Ut1e 1, 20 42 . This Security Inshvmeat secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modif'ications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Inshvment; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to the Trustee, in trust, with power of sale, the following descn'bed property located in Ha 11 County, Nebraska: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. SUBJECT TO COVENANTS OF RECORD. Parcel ID Number :400170671 wluch has the address of 50 4 S Cairo (^Property Address"); Alexandria St [City], Nebraska 68824- 2702 [Zip CodeJ [Streetj TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances and fixtures now or hereafter a part of the properiy. All replacements and additions shall also be wvered by this Security Instrument. All of the foregoing is referred to in this Security Tn �m�*•t as the "Property." Borrower understands and agrees that MIItS holds only legal tifle to the interests gianted by Borrower in this Security Instrument; but, if necessary to comply with law or custom, MERS, (as nominee for Lender and Lender's successors and assigns), has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Properiy; and to take azry action required of Lender including, but not limited to, releasing or canceling this Security Instrument. BORROVJER COVENANTS that Borrower is lawfully seized of the estate hereby wnveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Boaower warrants and will defend generally the title to the Properly against all claims and demands, subject to atry encumbrances of record. THIS SECURITY INSTRUMENT combines uniform co�enants for national use and non uniform covenants with limited vaziations by jurisdiction to constitute a unifarm security inshument covering real property. UnFForm Covenants. Borrower and Lender covenant and agree as follows: 7. Payment of Principal, Interest end Late Charge. Borrower shall pay when due the principal of, aad interest on, the debt evidenced by the Note and late charges due under the Note. FHA Mortgega WITH MERSNE VMP � ai i��iii m oi ii ui�uii� i ii �iai i�m m gU3306973190 0133 366 0310 Ravlaed 4/98 Ame�ed 7/04 VMP4NINE) (11061.00 Pega 2 af 10