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201309650
<br /> (R) "Successor in Interest of Borrower"means any party that has taken title to the Property, whether or not that
<br /> party has assumed Borrower's obligations under the Note and/or this Security Instrument.
<br /> TRANSFER OF RIGHTS IN THE PROPERTY
<br /> The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and
<br /> assigns)and the successors and assigns of MFRS. This Security Instrument secures to Lender: (i}the repayment of
<br /> the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's
<br /> covenants and agreements under this Security Instrument and the Note. For this purpose,Borrower irrevocably grants
<br /> and conveys to Trustee, in trust, with power of sale, the following described property located in the
<br /> COUNTY of HALL
<br /> [Type of Recording Jurisdiction] [Name of Recording Jurisdiction]
<br /> SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS EXHIBIT "A" .
<br /> A.P.N. ; 400168421
<br /> which currently has the address of 302 WEST MECCA STREET
<br /> [Street]
<br /> CAIRO , Nebraska 68824 ("Property Address"):
<br /> [City] [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 be
<br /> covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the"Property."
<br /> Borrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security
<br /> Instrument, but, if necessary to comply with law or custom, MERS(as nominee for Lender and Lender's successors
<br /> and assigns)has the right: to exercise any or all of those interests, including, but not limited to,the right to foreclose
<br /> and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling
<br /> this Security Instrument.
<br /> BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br /> to 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 any
<br /> 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 /> L Payment of Principal,Interest,Escrow Items,Prepayment Charges,and Late Charges. Borrower shall
<br /> pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late
<br /> charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due
<br /> NEBRASKA—Single Family—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT- MERS p agic entogligs
<br /> Form 3028 1/01 Page 3 of 15 www_docmagic.corn
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