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201208107 andhasanaddressof 1050 Woodwdrd Ave. Detroit, MI 48226-1906 Borrawer owes Lender the principal sum of One Hundred Eight Thousand Seven Hundred Fifty and 00/100 Dollars(U.S. $ 1�8.�5�. �� ). This debt is evidenced by Borrower's note dated the same date as this Sewrity Instrument('Note"), which provides for monthly payments,with the full debt, if not paid earlier,due and payable on October 1, 2�42 This Security Instrument secures to Lender. (a)the repayment of the debt evidenced by the Note,with intcresk and all renewals, extensious and modifications of thc Note; (b)thc payment of all other sums, with intcrest,advanced under pa�agraph 7 to protect the secarity of t6is Seco�ity I�strument; and (c)the perforznance of Bortower's covenants aud ab�cements under this Security Instrument and the Note. For this purpose, Borrower irrevocably gran[s and eonveys to the Trustee, in trust,with power of sale,the following dexribed property loc;ated in H a 11 County,Nebraska: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. SUBJECT TO COVENANTS OF RECORD. Parcel ID Number:400209829 which has the address of 62� L1 11de11 AVe [StreeaJ Grand IS1 and [Cz�y], rrebraska 68801 [Z,�eoae] ("Property AdJress"); TOGETHER W1TH all the iinprovcments now or hereafrer erected on the property,and all easements, appurtenances and fixtures now or hereafrer a part of thc property. All replacements xnd xdditions shall also bc covered by this Security Instrument.All of the foregoing is referred to in this Security Inslrument as the "Property." Borrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument; but, if necessxry to comply with law or custom, MERS, (as nominec for Lcnder and Lender's successors and assigns),has the right to excrcise any or all of those interests, including,but not limited to,the right to foreclosc and sell the Property;and to take any action required of Lender including, but no[limited to,releasing or canceling this Security InstrumenG BORROWER COVENANTS that Boaowcr is lawY'ully scized of the estate hereby conveyed and has the right to grant and convcy the Property and that the Property is unencumbcred, escept for cncumbrances of record. Bonower warrants and will defeod gcnerally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combincs uniform covcnxnts for national use aod non-unifonn covcnants with limited variatio�s by jurisdiction to constitnCe a uniform securi[y instrnment covering real property. Uniform Covenants.Borrower and Lender covenan[and agree as follows: 1. Payment of Principal,lnterest and Late Charge.Borso�ver shall pay when due the pnncipal of, and interest on,the debt evidcnced by the Note and late charges due under the Note. FHAMotlgageWITHMERS-NE III II'll'lllllll'IIIII'IIIIIIIIIII IIIIIIIIIIII�II �� Revisetl456 WoHers�Kluwer Flnanaiel SeMces VMP4N�N P0(�1�12 o�f 10 q03309003832 0233 373 0210