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201803085 201802379 R ERECORDED Hundredths (1,168.15) feet; thence deflecting left 91 degrees, 25 minutes and running southerly, a distance of Seven Hundred Forty -Seven and Two Tenths (747.2) feet; thence easterly parallel to the north line of said Section Eight (8), a distance of One Thousand One Hundred Sixty -Six and Two Hundredths (1,166.02) feet, to the westerly right -of -way line of U.S. Highway 281; thence northerly along said highway right -of -way line, a distance of Seven Hundred Forty-Seven and Two Tenths (747.2) feet to the place of beginning, EXCEPTING a certain tract Deeded to the State of Nebraska more particularly described in Warranty Deed recorded as Document No. 93- 108861. Parcel ID Number: 400185210 which currently has the address of 7900 N US Highway 281, Grand Island, Nebraska 68803 ( "Property Address "): 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 grant 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, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security 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 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 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 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 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 - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 (page 3 of 15 pages)