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201207552
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10/10/2012 10:18:06 AM
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9/12/2012 8:12:53 AM
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201207552
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��.�$,d��^ ��.8w <br />V2 WBCD LOAN # 503633460 <br />existing under the laws of u�ix�n 3TATES oF AMERICA, <br />and hasan addressof 5151 CORPORATE nR, TROY� Mi 48098-2639. <br />Borrower owes Lender the principal sum of ***oNE HUNDRED xwELVE THOUSAND oa� HtJNDRED <br />FIFTY NINE AND NO/100************************ Dollars (U.S. $112,159.00 �. <br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), <br />which provides for monthly payments, with the full debt, if not paid earlier, due and payable on <br />SEPTEMBER i, 2042. The beneficiary of this Security Instrument is MERS (solely as <br />nomineefor Lender and Lender's successors and assigns) and the successors and assigns of MERS. This <br />Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, <br />and all renewals, extensions and modifications ofthe Note; (b} the payment of all other sums, with interest, <br />advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance <br />of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, <br />Borrower irrevocably grants and conveys to the Trustee, in trust, with powerof sale, the following described <br />property located in t�wL County, Nebraska: <br />LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF <br />APN #s 400088878 <br />WhICh has th@ addC@SS Of 1614 N TAYLOR AVE, GRAMD ISLAND, <br />Nebraska 68803 ("Property Address"); <br />[Zip Code] <br />(Street, City], <br />TOGEfHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances and fixtures now or hereafter a part ofthe property. All replacements and additions shall also <br />be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the <br />"Property." Borrovver understands and agrees that MERS holds only legal title to the interests granted by <br />�rrower in this Security Instrument, but, 'rf necessary to comply with law or custom, MERS (as nominee <br />for Lender and Lender's successors and assigns) has the right: to exercise any or all of those interests, <br />including, but not limited to, the right to foreclose and sell the Property; and to take any action required of <br />Lender including, but not limited to, releasing and canceling this Security Instrument. <br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has <br />the right to grant and convey the Property and that the Property is unencumbered, except for <br />encumbrances of record. Borrower vvarrants and will defend generally the title to the Property against <br />all claims and demands, subject to any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines un'rform covenants for national use and non-uniform <br />covenants with limited variations by jurisdiction to constitute a un"rform security instrument covering real <br />properry. <br />Borrower and Lender covenant and agree as follows: <br />UNIFORM COVENANTS. <br />1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal <br />of, and interest on, the debt evidenced by the Note and late charges due under the Note. <br />2. Monthly Payment of Taxes, Insurance and Other Charges. Borrower shall include in each <br />monthly payment, together with the principal and interest as set forth in the Note and any late charges, <br />a sum for (a) taxes and special assessments levied or to be levied against the Property, (b) leasehold <br />payments or ground rents on the Property, and (c) premiums for insurance required under paragraph <br />4. In any year in which the Lender must pay a mortgage insurance premium to the Secretary of Housing <br />and Urban Development ("Secretary"), or in any year in which such premium would have been required <br />FHA Nebraska Deed of Trust- 4/96 Initials s /�`T <br />Online Documents Inc. Page 2 Of 7 NEEFHADE 1108 <br />08-27-2012 9a11 <br />
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