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' � ' 201500327 (P) "Successor in Interest of Borrower"means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (u} the performance of Borrower's covenants and a�reements under this Security Instrument and the Note. For this purpose,Borrower irrevocably�ants and conveys to Trustee, in trust,with power of sale, the followin� described property located in the / � j COUNTY of Hall . �--0�7'�?�"�'ZC,�,[Type of Recording Jurisdicrian] [Name of Recording Jurisdiction� �`-8Id€`--��?�I.1�MBERT' S SIXTH SUBDIVISION, CI'I'Y OF C�2AND ISLAND, HAIZ COUNTY, NEBRASKA. A.P.N. : 400059673 which currently has the address of 162 3 E 7 th S t [Street] Grand Island , Nebraska 68801 ("Property Address"): [City] [Zip Code] TOGETHER WITH all the improvements now or hereafter 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 COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to �ant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, snbject to any encumbrances of record. TEiIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations.by jurisdiction to constitute a uniform securifiy instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal,Interest,Escrow Items,Prepayment Charges,and Late Charges. Borrower shail 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 atso pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is retiuned to Lender unpaid, Lender may require that any or ail subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms,as selected by Lender: (a)cash;(b)money order;(c)certified check,bank check, treasurer's check or cashier`s check,provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or(d)Electronic Funds Transfer. NEBRASKA—Single Family-UNIFORM INSTRUMENT DocMagicE� MODIFIED FOR DEPARTMENT OF VETERANS AFFAIRS www.docmagic.com (REV. it41) Page 3 of 14