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201305967
<br /> V2 WBCD LOAN # 503936019
<br /> existing under the laws of UNITED STATES OF AMERICA,
<br /> and has an address of 5151 CORPORATE DR, TROT, MT 48098-2639.
<br /> Borrower owes Lender the principal sum of ******ONE HUNDRED THIRTY ONE THOUSAND FOUR
<br /> HUNDRED SIXTY ONE AND NO/100***************** Dollars (U.S. $131,461.00 ).
<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 /> AUGUST 1, 2043. The beneficiary of this Security Instrument is MERS (solely as
<br /> nominee for 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 of the 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 power of sale,the following described
<br /> property located in HALL County, Nebraska:
<br /> In Hall County, Nebraska; Lot Thirteen (13), Meadow Lane Third
<br /> Subdivision, Grand Island, Hall County, Nebraska.
<br /> APN #: 400213559
<br /> which has the address of 3006 SUNFLOWER DR, GRAND ISLAND,
<br /> [Street,City],
<br /> Nebraska 68801-8777 ("Property Address");
<br /> [Zip Code]
<br /> TOGETHER WITH all the improvements now or hereafter erected on the property,and all easements,
<br /> appurtenances and fixtures now or hereafter a part of the 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."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
<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 warrants 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 uniform covenants for national use and non-uniform
<br /> covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real
<br /> property.
<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:Zt WL
<br /> Online Documents,Inc. Page 2 of 7 NEEFHADE 1212
<br /> 07-03-2013 14:38
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