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2� 1 �� 1143 ��}"S'ecretary"means the Secretary of the L3n�ted States Department of H�using and Ur�an De�elopment or his des�gnee. (R}"Successor ira Interest af Borrower"means ar�y party that has tak�n title ta the Property,vvhether or not that party has assumed Borrower's obligations under the Note andlar this S�cur�ty Instrument. TRANSFER�F Rl�HTS iN THE PR�PERTY. This Secur�ty Instrument secures to Lender: �i} the repayment of the Laan,and all renewals,extensions and modifications af the Note; and�ii�the performa.nce of Borrow�r's co�enants and agreements under this Security Instrument and the Nate. F�r this pur�ose,Borrawer irre�ocably grants a.nd c�n�eys to Trustee, in trust,with power of sale,the fo�lowrng described property located�n the�ounty [Type of Re�ording Jurisdicti�n] of Hali [Name af Recording Jur�sdiction]Lat 1 S,West Heights Sec�nd Addition to the�ity af�rand Island,Hall County,Nehraska. Parce! !�] N um ber: 4�U 1 I 469� which eurrent�y has the addr�ss of 524 WEST AVE [Street] �RAND I SLANI3 ��ity],Nebraska�8 8�3 {Zip C ade� ("Proper�y�4ddress"�: T��"rETHER�VITH ail the impro�ements now or hereafter�rected on the property,and all easem�nts, appurtenances,and fixtures now�r hereaft�r a part of the property.Al�rep�acements and additions sha�l a�so be covered by this Security Instrument.A�1 of the f�reg�ir�g�s referred to in this S�cur�ty Instrument as the "Proper�y." BC]RR�WER��VENANTS that Borrower is lawfu�ly seised of the estate hereby con�eyed ax�d has the right to grant and con�ey the Property and that the Property�s unencumbered, except far encumbrances of record.Borrower warrants ar�d wi11 defend genera�ly the title tv the Property aga�nst all cla�ms and demands, subject to any encumbrar�ces of record. T�IIS SE�URITY INSTRUMENT combines uniform covenants for national use and non-uniform co�enants with limited�ariations by jurisdiction t�Gonstitute a uniform security instrument co�ering rea�property. U N I F�R�IA C�VENANTS. Borrower and Lender c�v�na.nt and agree as f��lows: 'I. Payment�f Principa�, Interest, Escrow�tems, and Late Charges. Barrower shali pay when due the principal of,and intere�t on,the debt e�idenced by the N�te and late chaxges due under the Note. Borrower shall alsc�pay funds for Escrow Items pursuant to Sectian 3.Payments due under the Note and this Security Instrument sha�l be made in U.S. currency. However, if any check ar other instrument receiv�d by Lender as paym�nt under the Note or this S�curity Ins�rument is returned to Lender unpaid,Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the f�llowing forms,as se�ect�d by Lender: (a}cash;�b}money order;(c}certifi�d check,bank checks treasurer's check or cashi�r's check, pro�ided any such check is drawn upon an institution whose deposits are insured by a federa.l agency, instrumenta.lity,or entity;�r�d}Elect�onic Funds Transfer. Paym�nts are deemed recei��d by L�nd�r when recei�ed at the�ocation designated in the N�te or at such other location as may be d�signated�y Lender in accordan�e with the notice pro�isians in Section 14.L�nder may return any paym�nt or partial�ayment if the payment or partial paym�nts are insu�cient to bring the Loan�urrent.Lender may accept any payment ar partial payment insufficient to bring the Loan current,without waiver of ar�y rights her�under�r prejudice to its rights to refuse such payment�r partial payments in the futur�,but Lender is n�t o�ligated to app�y such payments at 23�39fi280 FHA�eed of Trust-NE 9l3�I�n14(re►►.2l15} Bankers Systems'�"VMP�7 4812�15 W4olters Kkuwer Finan�ial Servioes �a16020815 3�34Qfi-AI2�'151�'�9N Page 3 of 15