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<br />200707117 <br /> <br />TRANS}'ER OF HIGHTS IN THE PROPERTY <br /> <br />The benefidnry of this Security Instrument is MERS (solely as nominec for Lender and Leuckr'. successors llnd llssigns) and <br />the successorS lllld assigns of MERS. This Security Inslrnment s...cur..s to Lcnder: (i) the repayment of the Willi, ~nd all <br />renewals, extensions ~lld modificatiuns of the Note; and (il) the pcrfon"~ncc of Borrower's covenants and agl'eements under <br />this Security Instrument ~nd the Note. For this purpose, Bon'ower irrevocably gr~n\s ~nd cOllveys to Trustee, in trl.lsl., with <br />power of ""lc, the following dcsclihoo property loc~t<'Al in the . County. . . of <br />- l rYpt: nf Recol'dml"; JUn,lj:dtetton] <br /> <br />!-Iall <br />[Nlinte ()t Record.ing Jnrisdic..:tion] <br />See Attachod Exhibit A. <br /> <br />which currently hllS the address of <br /> <br />1002 Elm Stroet <br />[Sln""fJ <br /> <br />Wood River <br />[r.ity] <br /> <br />, Nebraska <br /> <br />68883 <br />[Zip Code] <br /> <br />("Property Addn.,d'): <br /> <br />TOGETHER WIllI ,,11 the improvemcnl.s nOW or hereafter ereet...d on the property, and all e"sements, appllItenau~"s, ami <br />fixtures now or herc~ftcr a part of the property. All replacements and additions shall also be covered by this Security <br />Instnllllent. All of the foregoing is reTelTed to in Ihi, S,,~utity Instrument as the "Property." BOlTower understands and agrees <br />that MERS holds uuly kgal title to the interests granted by Borrower in this Security Instrument, but, if necessary to <,omply <br />with law or cnstom, MERS (as nominee fol' Lender tmd Lender's successors and assigns) ha.' the right: to exercise any or all of <br />those interests, including, bllllIot limited to, the right to foreclosc aud sell the Propc.rty; and to take any action required of <br />Lendcr including, bnt not limited to, releasing and canceling this Secmity Instrument. <br /> <br />BORROWER COYJ-iNAN'LS that Borrower is lawfully seised of the estate hereby conveyed and IHls the right to grant <br />and convey the Property and that the Property is unencumbered, except for eucumbrances of re=rd, Borrower warrants and <br />will defend generally the title to the Property against all claims lWd demands, subject to any encumbrances of record, <br /> <br />TIllS SECURITY li'ISTRUMENT combines uniform covenants for national use and non-unifornl covenants with limited <br />variations by jurisdiction to constitute a uniform security inst.rument coveting real property. <br /> <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree a, follows: <br />1. Paymcnt of Principal, Intcrest, Escn'w Items, Prepayment Charges, and Late Charges. Borrowcr shall pay <br />when due the principal of, and interest Oil, the debt evidenced by the Note and any prepayment charges and lale ~harges due <br />under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this <br />Security Instrument shall be made in ().~. currency. However, if any check or other instrument received by Lender as payment <br />under tbe Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or aU subsequent <br />payments due under the Note and thi.s Security Instrument be made in one or more of the following forllls, as selected by <br />Lender: (a) cash; (b) money order; (c) certified check, bank check, treasnrer's check or cashier's check, provided any snch <br />check is drawn upon an institntion whose deposits arc insul"\'.d by a fcdt':fal ~gency, i,strullleutality, or entity; or (d) Electronic <br />Funds Transfer. <br />Payments arc deemed received by Lender when received at thc location desiguated in the Note or at sucb other location as <br />may be dc.<ignated by Lender in accnrdlmce with the notice provisions in S"dion 15. Lender may return 'U1Y pa YUlcnt or partial <br /> <br />NEBRASKA-SingloF!Wli1y-Fannlo M..iFl"<<ldl. Moc UNIFORM INSTRUMENT <br /> <br />ITa.41"2MijL~ (n.10R>~"ME:~S <br /> <br />(Page J of 12 pages) <br /> <br />Forn. 3028 1/01 <br />()1-1~,ATl-ANO . <br />Tn orllllr [;.IIR; 1-&)0-531)-1;1393 1:1 ru 611i-'191-11:l1 <br /> <br />\V <br />~, <br />