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2025 03 956
<br />2511780058
<br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors
<br />and assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender (i) the
<br />repayment of the Loan, and all renewals, extensions, and modifications of the Note, and (ii) the performance
<br />of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose,
<br />Borrower irrevocably grants and conveys to Trustee, IN TRUST, WITH POWER OF SALE, the following
<br />described property located in the COUNTY of HALL:
<br />SEE LEGAL DESCRIPTION ATTACHED TO SECURITY INSTRUMENT
<br />which currently has the address of 303 E 21ST ST, GRAND ISLAND, Nebraska 68801-2492
<br />("Property Address");
<br />TOGETHER WITH all the improvements now or subsequently erected on the property, including
<br />replacements and additions to the improvements on such property, all property rights, including, without
<br />limitation, all easements, appurtenances, royalties, mineral rights, oil or gas rights or profits, water rights, and
<br />fixtures now or subsequently a part of the property. All of the foregoing is referred to in this Security
<br />Instrument as the "Property." Borrower understands and agrees that MERS holds only legal title to the
<br />interests granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom,
<br />MERS (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 REPRESENTS, WARRANTS, COVENANTS, AND AGREES that: (i) Borrower
<br />lawfully owns and possesses the Property conveyed in this Security Instrument in fee simple or lawfully has
<br />the right to use and occupy the Property under a leasehold estate; (ii) Borrower has the right to grant and
<br />convey the Property or Borrower's leasehold interest in the Property; and (iii) the Property is unencumbered,
<br />and not subject to any other ownership interest in the Property, except for encumbrances and ownership
<br />interests of record. Borrower warrants generally the title to the Property and covenants and agrees to defend
<br />the title to the Property against all claims and demands, subject to any encumbrances and ownership interests
<br />of record as of Loan closing.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use with limited
<br />variations and non -uniform covenants that reflect specific Nebraska state requirements to constitute a
<br />uniform security instrument covering real property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal, Interest, Escrow Items, and Late Charges. Borrower will pay each
<br />Periodic Payment when due. Borrower will also pay any late charges due under the Note, and any other
<br />amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must
<br />be made in U.S. currency. If any check or other instrument received by Lender as payment under the Note or
<br />this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent
<br />payments due under the Note and this Security Instrument be made in one or more of the following forms, as
<br />selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check, or cashier's
<br />check, provided any such check is drawn upon an institution whose deposits are insured by a U.S. federal
<br />agency, instrumentality, or entity; or (d) Electronic Fund Transfer.
<br />Payments are deemed received by Lender when received at the location designated in the Note or at
<br />such other location as may be designated by Lender in accordance with the notice provisions in Section 15.
<br />Lender may accept or return any Partial Payments in its sole discretion pursuant to Section 2.
<br />Any offset or claim that Borrower may have now or in the future against Lender will not relieve
<br />FHA Nebraska Deed of Trust
<br />C:?0 26143.4
<br />01/2023
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