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201404750 (R) "Successor in Interest of Rorrower"means any part;�that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note andlor this Security Instrurnent. TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns)and the successors and assi�,ros of MF,RS. This Security Instrument secures to Lender: (i)the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose,Borrower irrevocably grants anc� com�eys to Trustee, in trust; with power of sale, the follo��ing described property located in the COtTNTY of HALL . [Type oP Recording Jurisdiaion] [Name of Recording Jurisdiction] THE FOLLOWING DESCRIBED REAL PROPERTY IN HALL COUN'1'Y, NEBRASKA: LOT THIRTY EIGHT (38) , AMICK ACRES WEST SUBDIVISION, HALL COUNTY, NEBRASKA. A.P.N. : 40Q385562 + wliich currently has the address of 311 RENEE ROAD [Street] DONI PHAN ; Nebraska 6 8 8 3 2 ("Property Address"): [City] [Zip Code) TOGFTHF.,R WITH all the improvements now or I�ereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the"Property." Borrower unders2ands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MF.,RS(as nom inee for Lender and I.,ender's successors and assigns)has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Propert}�; and to take any action required of Lender including, but not limited to, releasing and canceling this Security Instrument. BORRnWER C�VENANTS that Borrower is]awfully seised of the estate hereby conveyed and has the right to �nant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borro��er warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECUR[TY INSTRUM�NT combines uniform covenants for national useandnon-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument cove►•ing real property. UNIFORM COVENANTS. Borrower and Lender covenant and a�nee as follows: 1. Payment of Principal, Interest,Escrow Items,Prepayment Charges,and Late Charges. Borrower shall pay when due the principal of. and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT - MERS pocMaglc�i Form 3028 1/01 Page 3 of 15 www:docmagic.com �