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201209434 (R) 'Successor in Interest of Borrower"mcans eny parly that has laken tiUe to lhe Property, whcthcr or not lhat party has assumed Borrowcr's obligations under lhc Note and/or this Sccurity Inslrument. TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Security Ins[rumeat is MEAS (solely as nominee for Lender and Lcndcr's successors and assigns) and lhe suewssors and assigns of MBRS. This Securiry Instrument sccures to Lendec (i)the repayment of lhc Loan, and all renewats, extensions and modifications of thc Nole; and (ii) the performance of f3orrowez s covenants and agreemcnts under t6is Secvrity Instrumertl and the Note. For dtis purposc, f3orrowcr irrovocably granls and comcys to Trustee, in trust, wilh power of sa1F Ihe Tollowing dcscribcd properly localed in the COUNTY of Hall . �Type of Rmording Junsdiction] IName oF Recording lurisdictionl THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF HALL, STATE OF NEBRASKA AND IS DESCRIBED AS FOLLOWS: ALL THAT PARCEL OF LAND IN CITY OF CAIRO, HALL COUNTY, STATE OF NEBRASKA, I➢# 400373424, BEING KNOWN AND DESIGNATE➢ AS: LOT 4, CENTURA HILLS SUBDIVISION. A. P.N. : 400373424 which currenUy has thc address of 4 D4 HILLS IDE DR �Slrect] CAIRO , Ncbraskx 68824 ("Property Address"): �Ciry� �ZiP Codel TOGETHER WI"IH all lhc improvements now or hereaClcr crcctcd on lhc property, and all easemcnts, appurtenances, and fixlures now or hereaRer a part of lhc property. All replacements and additions shall also bc coveredby this Security lnstroment. All of the foregoing is ref�Tred to in this Security Instrument as lhe"Property." Borrowcr undcrslands xnd agrecs lhat MERS holds only Icgal titic lo lhe in[eresls gran[cd by Borrower in this Security lnstrumcnt, but, iI nccessary lo comply with law or custom, MERS(as nomincc for Lcnder and Lcndcr's successors and assigns)has lhe righl: to exercise any or all of those intcresls, including, bul nol limiled lo, the right to forcclosc and scll lhc Property; and lo lake any aclion required of Lender including, but not limiled tu, releasin$and canceling this Security lostrument. BORROWER COVENANTS thal 13orrower is lawfully seised of thc estate hcrcby convcyed and has thc right lo granl •and comey the Property and that lhe Property is unencumbered, excepl for cncumbrances of rccurd. Borrower warranls and will def�nd generally lhe lille lo lhe Property agains[all claims and dc;mttnds, subjecl to any encumbrances of record. THIS SECUR[TY IN STRUMENT combincs uniform covenants for nxtional use and non-uniform wvenanLs with ]imited varialions by jurisdiction lo constiLule a uniform security inslrumc,•nt covering rcal property. UNIFORM COVENANTS. Borrower and Lender covenant end agrcc es follows: 1. Payment of Principal,Interest,Escrow Items,Prepayment Charges,and Late Charges. Borrower shall pay when due the principal of, and interesl on, lhe debl evidenced by the Note and any prc,pxymcnt charges and 1:Ue chuges due undcr[hc Nole. Borrower shall also pay funds for Escrow Items pursuant to Seclion 3. Payments due N�12ASKA--Single Family—Fannie MaPJFredtlie Mac UNIFORM INSTRUMENT- MERS DocMagic�n� Form 3028 1101 � Page 3 of 15 www,docmagic.mm •r� w� `� BANK 01 4 02 5159 . FMD�.1207125453