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201303061 <br /> and has an address of 25 Enterprise Center, Newport, R I 02842 <br /> . Borrower owes Lender the principal sum of <br /> forty-eight thousand four hundred thirty-three and 00/100 <br /> Dollars(U.S. $48,433.00 ). This debt <br /> is evidenced by Borrower's note dated the same date as this Security Instrument("Note"),which provides for <br /> monthly payments, with the full debt, if not paid earlier, due and payable on 05/01/28 . This <br /> Security Instrument secures to Lender: (a)the repayment of the debt evidenced by the Note,with interest, and all <br /> renewals,extensions and modifications of the Note;(b)the payment of all other sums,with interest, advanced <br /> under paragraph 7 to protect the security of this Security Instrument;and(c)the performance of Borrower's <br /> covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably <br /> grants and conveys to the Trustee, in trust,with power of sale, the following described property located in <br /> Hal I County,Nebraska: <br /> See Attached Exhibit A <br /> Parcel ID Number:400034425 <br /> which has the address of 2319 N Huston Ave 'Street] <br /> Grand I s l and [City], Nebraska 68803 (Zip Cade] <br /> ("Property Address"); <br /> TOGETHER WITH all the improvements now or hereafter erected on the property, and all casements, <br /> appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be <br /> covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the <br /> "Property." Borrower understands and agrees that MERS holds only legal title to the interests granted by <br /> Borrower in this Security Instrument;but, if necessary to comply with law or custom, MERS,(as nominee for <br /> Lender and Lender's successors and assigns),has the right:to exercise any or all of those interests, including, but <br /> not limited tn,the right to foreclose and sell the Property;and to take any action required of Lender including, <br /> but not limited to,releasing or canceling this Security Instrument. <br /> BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to <br /> grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. <br /> Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to <br /> any encumbrances of record. <br /> THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with <br /> limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br /> Uniform Covenants. Borrower and Lender covenant and agree as follows: <br /> 1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and <br /> interest on,the debt evidenced by the Note and late charges due under the Note. <br /> 2013-2277560 100049700012145773 7545 <br /> 01-IA Mortg=_ge WITH MESS-NE Revised 4/96 <br /> VMP VMP4N(NE)(1109) <br /> Wolters Kluwer Financial Services 4!1112913 10-35 AM Page 2 e110 <br />