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201501958
<br /> LOAN#: 1410006481
<br /> existing under the laws of Missouri,
<br /> and has an address of 12300 Olive Blvd, St. Louis, MO 63141.
<br /> Borrower owes Lender the principal sum of ONE HUNDRED FIVE THOUSAND EIGHT HUNDRED
<br /> TVVENTYANDN0/700************************** Dallars (U.S. $105,820.00 ).
<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 payabfe on
<br /> April 1,2030. The beneficiary of this Security Instrument is MERS (sole(y as
<br /> nominee for Lender and Lender's successors and assigns)and the successors as�d assigns of MERS.
<br /> This Security Instrument secures to Lender: (a)the repayment of the debt evidenced by the Note,with
<br /> interest, and all renewals, extensions and modifications of the Note; (b)the payment of all other sums,
<br /> with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c}the
<br /> perFormance of Borrower's covenants and agreements under this Security Instrument and the Note. For
<br /> this purpose, Borrower irrevocably grants and eonveys to the Trustee, in trust, with power af sale, the
<br /> following described property located in Hall County, Nebraska:
<br /> LOT FIVE (5),SHARP ACRES SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA
<br /> APN#: 400091704
<br /> which has the address of 3311 W US Highway 2, Grand Island,
<br /> [Street,City],
<br /> Nebraska 68803 ("Property Address");
<br /> [Zip Code]
<br /> TOGETHER WITH all the improvements now or hereaftererected on#he property,and ail easements,
<br /> appurtenances and fixtures now or hereafter a part of the property.All replacements and additions shail
<br /> also be covered by this Security Instrument.All of the foregoing is referred#o in this Security Instrument
<br /> as the "Property." Borrower understands and agrees that MERS holds only legal title to the interests
<br /> granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS
<br /> {as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of
<br /> those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any
<br /> action required of Lender including, but not limited to, releasing and canceling this Security Instrument.
<br /> BORROWER COVENANTS that Borrower is lauvfully seized of the estate hereby conveyed and
<br /> has 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 ciaims and demands, subject to any encumbrances of record.
<br /> THIS SECUR6TY 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 covenan#and agree as follows:
<br /> UNIFORM COVENANTS.
<br /> 1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principaf
<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 shail include in each
<br /> monthly payment,together with the principal and interest as set farth in the Note and any late charges,
<br /> a sum for(a)taxes and special assessments fevied 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 4.
<br /> In any year in which the Lender must pay a mortgage insurance premium to the Secretary of Housing
<br /> FHA Nebraska Deed of Trust-4l96 It11t181S: ` �' '
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<br /> Ellie Mae,inc. Page 2 of 7 NEEFHADE 0914
<br /> NEEFHADE
<br /> 03/23/2015 08:27 AM PST
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