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201001843 <br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for <br />monthly payments, with the full debt, if not paid earlier, due and payable on April 1, 2D4D <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Nate, with interest, and all <br />renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under <br />paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and <br />agreements under this Security Instrument and the Note, For this purpose, Borrower irrevocably grants and conveys to the <br />Trustee, intrust, with power of sale, the following described property located in Hall <br />County, Nebraska: <br />The Northerly Eighty Two (82)Feet of Lot One (1), Block Four (4), Wallich's Addition to the City of Grand Island, Hall County, <br />Nebrakka <br />Parcel ID Number; 4001D5S51 <br />which has the address of 822 N Adams St <br />(Street] <br />Grand Island fciryl ,Nebraska 688D1 [~~p cutiel ("Property Address"); <br />TOGETHER WITH alt the improvements now or hereafter erected on the property, and all easements, appurtenances <br />and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security <br />Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." <br />BORROWER ,COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant <br />and convoy the Property and that the Property is unencumbered, except far encumbrances of record. Borrower warrants and <br />will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. <br />THiS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited <br />variations by jurisdiction to constitute a uniform security instrument covering real property. <br />Borrower and Lender covenant and agree as follows: <br />UNIFORM COVENANTS. <br />1. Payment of Principal, Interest and Late Charge, Borrower shall pay when due the principal of, and interest on, the <br />debt evidenced by the Note and late charges due under the Nate, <br />2. Monthly Payment of Taxes, Insurance and Other Charges. Borrower shall include in each monthly payment- together <br />with the principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and special assessments levied <br />or to be levied against the Aroperty, (b) leasehold payments or ground rents an the Property, and (c) premiums for insurance <br />required under paragraph 4, In any year in which the Lender must pay a mortgage insurance premium to the Secretary of <br />Housing and Urban Development ("secretary"), or in any year in which such premium would have been required if Lender still <br />hold the Security Instrument, each monthly payment shall also include either: (i) a sum far the annual mortgage insurance <br />premium to be paid by Lender to the Secretary, or (ii) a monthly charge instead of a mortgage insurance premium if this <br />Security Instrument is held by the Secretary, in a reasonable amount to be determined by the Secretary. Except for the monthly <br />charge by the Secretary, these items are called "Escrow Items" and the sums paid to Lander are called "Escrow Funds." <br />FMA Dead vl trust-NE <br />VMP <br />Wolters Kluwer Flnanciol 9ervieec <br />DAS-NE4 <br />4tB6 <br />VNP4R1NE1 (08091.00 <br />- Pape 2 0l 9 <br />INlgillilll~all <br />