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2� 1 �� 1325 <br /> TRANSFER OF R1�HTS IN THE PR�P�RTY <br /> The benef ciary af this Security .Instrument is MERS �so�ely as norn�nee for :Lend�r and Le��der's successors and <br /> assigns}and the success�rs and assigns of MERS. This Se�urity.Ins#rument secu�-es�o L�nder: �i}the repayment of <br /> the :Loan, and aIl renewals, extensions and modificatiar�s of the Note; and �ii} the perfor�nanc� of Bor�ower's <br /> �ou�r�an�s and agreeinents under thi� Security �nstrurnen� and the �Vate. Far this purpose, ;Borro�ver does �lereb� <br /> mvrtgag�, grant and con�ey tfl Trustee, in trust, with power of sale, the fol�owing desc�ibed property located�n the <br /> C�UNTY �f HALL : <br /> �Type uf Recarding Jurisdi�tion� [Name of Rec�rd�ng Jurisdi�ti�n� <br /> SEE L�EGAL DES�RIPTI�N ATTA�D AI�ID MADE A PART ��ERF�QF A� �IBIT "A". <br /> A.P.N. : 4�0��298� <br /> vvhich currentiy has the address�f 3 4�8 G AVE <br /> [S�reet] <br /> GRAND I SLAND , Nebraska 6 8 8�3 �"�roperty Add�ess"}: <br /> [�ity] � [Zip C�de� <br /> T�GETHER WITH al� th� impra�ements naw ar hereafter erected on the property, and al l easements, <br /> appurtenar�c�s, and .fixtu�-es now or hereafter a part of�he prflper�. All rep�acements and additians shall also be <br /> �auered by this Security�nstrument. All af the foregaing is referred to in this Secu�ity�nstrumez�#as�he"Propert-�." <br /> Bo.rrower understands and agr�es that MERS hofds on�y lega� title to the intere�ts granted by Barr�wer in �his <br /> Security �nstrument, bu�t, if n�cessary ta c�rnpiy w.ith law or custom, MERS�as .naminee for Lender and Lender's <br /> successors and assigns�has the righf: to�xerc�se any or all of those interesfis, including, but not l�m�ted to, the.righ� <br /> �o forec�ose ar�d sell�he Propert�; and to take any action re9uired of Lender ir�cluding, but not�imited to, releas�ng <br /> and canceling this Security �nstrument. <br /> B�RR��V�R��V�NANTS�hat Borrower is lawfully s�ised of the estate here�by�o��eyed and has the right <br /> to mor�gage, granfi and �onvey �he Praperty and that the Property is unencumbered, except for encumbrances af <br /> record. Barrower warrants and will defend generally the title�o�he:Property against all claiins and demands, subject <br /> to any encumbrances of record. <br /> TH:IS SE�UR:ITY TNST.RUMENT�ombines uniforin covenants for natianal use and nflr�-uniform cavenants with <br /> l�tnited variati�ns by jurisdiction�o cons�i�ute a unifortn security instrument co��r.ing real property. <br /> UNIF�RM ��VENANTS. :Borrower and Lender caver�ant a�1d agree as follows: <br /> 1. Payrnent of Principal, Interest, Escrow �tems, and La�e Charges. Borrov►�er shall pay tivhen due the <br /> principal of, ar�d�nte�est on, the d�bt e��d�nced by the Note and late charges due under�.�e Note. ,B�rro��ver shall also <br /> pa� funds f��r Escrow Items pursuant�o Section 3. Payments due u�lder the l�ote and this Security �nst,rument shall . <br /> ' be made in ll.S. currency..�Iowever, if any check or o�her ir�strument received by Lender as payme��t under th�Note <br /> NEBRASKA FHA ❑EF��F TRUST- MERS DnC�I►1agiC <br /> N ED�TZ�,FHA �91�41�5 Page 3 flf �3 www,docmagic.com <br />