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20~710386 TRANSFER OF RIGHTS IN THE PROPERTY Till': beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and thl': succcssors and assigns of MERS. TIns Security Instrument secures to Lender: (i) the repayment of the Loan, and all rcncwals, cxtensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of [Type of Recording Jnrisdiction] Hall [Nall1e of Recording Jurisdiction] See Attached Exhibit A. whidl cnrrently has the address of 1314 N Walnut Street [Street] Wood River [City] , Nebraska 68883 [Zip Code] ("Property Address"): TOGETHER WITH all thc improvements now or hereafter erected on the propcrty, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covercd by this Security Instrullll':ut. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrces that MERS holds only legal title to the intcrests granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; mId to take mlY action required of Lcnder including, but not limited to, releasing and cmIceling this Security Instrument. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has thc right to grant and convey thc Property and that the Property is unencumbered, except for encumbrances of record. Borrowcr warrants and wi II defcnd gencrally thc title to the Property against all claims mId demands, subject to any encumbrances of record. TlIIS SECURITY INSTRUMENT combines uniform covenmIts for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower mld 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 intcrest on, the debt evidenced by the Note mId any prepayment charges and late chargcs due Linder thc Note. Borrower shaH also pay funds for Escrow Items pursumlt to Section 3. Payments due under the Note mId this Sccurity Instrument shaH be made in U.S. currency. However, if any check or other instrument received by Lender as payment Linder the Note or this Security Instrument is retumed to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be madc in one or more of the following fonns, as selected by Lendcr: (a) cash; (b) money order; (c) certitled 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. Payments arc deemed received by Lender when received at the location designated in the Note or at such other location as may be dcsignated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or pal1ial ITEM T2698L3 (0308)-MERS (Page 3 of 12 paxes) Form J028 1/01 GREATLAND . To Order Call: 1-800-530-93930 Fax: 616-791-1131 NEl:IRASKA-Silll'le family-- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT lJ-S