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<br />This dcbt is evidenced by Borrowcr's notc dated the same date as this Security Instrument ("Note"), which
<br />provides for monChly paymenls, with lhe full debC, if n�t paid carlier, duc and payable on December 01, 2U4D
<br />. This Security Tnstrument secures to L,ender: (a) the repayment of the debt evidenced by the
<br />Note, with interest, and all renewals, extensions �nd modi�cations of the Note; (b) the payment of all other sums,
<br />with interest, advanced tu►der paragraph 7 to protect the security of this Security Instrument; and (c) the performance
<br />of Borrower's covenants and agreements under this Securiry Instrument and the Note. For this purpose, Borrower
<br />irrevocably grants and convcys to thc Trustcc, in trust, with pawcr af sale, the following described property located
<br />in Hall County, Nebraska:
<br />Zota Seven (7} and Eight (8), in B1ock Six (6),
<br />the City of Grand Ialand, Hall County, Nebraska,
<br />particularly deacribed in Warranty Deed recorded
<br />Parcel ID Number: 4 0 012 0 0 5 4
<br />which hAS the address of 114 W. 8th St.
<br />in Ruaael Wheeler's Addition to
<br />Excepting a tract o£ laad more
<br />as Document No. ��-103930.
<br />90
<br />[Street]
<br />C�rand Island [cicy], Nebraska 68801-4331 [Zip Code] ("Property Address");
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances and fixtures now ar hereafter a part of the property. All replaccincnts and a�ditions shall �ls� be
<br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument �s the "Property."
<br />F3orrower understands and agrees that IvTERS holds only legal title to the interests granted by Borrower in this
<br />Security Instrument; but, if necessary to comply with law or custorn, MERS, (as nominee for Lender and Lender's
<br />successors and assigns), h�►s the right: to exercise any or all of those interests, including, but not limited to, the right
<br />to foreclose and sell the Property; and to take any �ction required of Lender including, but not limited to, releasing or
<br />canceling ihis Security Instruinent.
<br />BORROWER COV�NANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to
<br />grant and convey the Property and that the Property is unencumbered, except for encumbrances af rec�rd. Borrower
<br />warrants and will defend generally the title to the Property against all claims and demands, subject to any
<br />cncumbranccs of record.
<br />THIS SECiTRITY ]NSTRUMENT combines uniform covenants For national use and non-uniform covenants
<br />with limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />Borrower and Lcnder covenant and a�ree as follows:
<br />UIVIFORM COVENANTS.
<br />1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal of, and
<br />interest an, the debt evidcnccd by the Note and late charges due under the Note.
<br />2. Monthly Payment of Taxes, Insurance and Other Charges. Borrower shall include in each monchly
<br />payment, tagether with the principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and
<br />special assessments levied or to be levied against the Property, (b) leasehold payments or ground rents on the
<br />Property, and (c) premiums for insurance required under par�graph 4. Tn �ny year in which the Lender must pay a
<br />mortgage insurance premium to the Secretary of Housing and Urban Development ("Secretary"), or in any year in
<br />which such premium would have been required if I.ender still held ihe Security Instrument, each monthly payment
<br />shall also include either: (i) a sum for the annual rnorlgage insurance premium to be paid by Lender to the Seeretary,
<br />or (ii) a rnonthly charge instead of a mortgage insurance premium if this Sec;urity Instrument is held by the Secretary,
<br />in a reasonable amount to be determined by the Secretary. Except for the monthly char�e by the Secretary, these
<br />items are called "Escrow Items" and the suins paid to Lender are called "Escrow Funds."
<br />1351014603
<br />�-4N(NE) (oaor)
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