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�0�106059 <br />This debt is evidenced by Boirower's note daxed the same date as this Security Instcument ("Note"), which <br />provides for monthly payments, with the full debt, if not paid earlier, due and payable on September 01, <br />2041 . This Security Instrument se,cures to Lender: (a) the repayment of the debt evidenced by the <br />Note, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, <br />with interest, advance� undar paragraph 7 to protect the s�urity of this Security Instrument; and (c) the performance <br />of Borrower' s covenants and agr�ts under this Se�urity Instrument and the Note. For this purpose, Borrower <br />irrevocably grants and conveys to the Trustee, in � with power of sa1e, the following descn'bed properiy locaterl <br />in Hall County, Nebraska: <br />r,ar E=ca�r (s), $r� o� (�), � voss sECOrm soBn�sioN, IN THE CITY OF GRAbID <br />isr.�tn, x�t.t courrr�r, r�s�sx�i. <br />Parcel ID Number: 400164841 <br />which has the address of 4309 Michiqan Ave [s+��l <br />Grassd Island [City], Nebraska 68803 [zip Code] ("Ptoperty Address"); <br />TOGETI�R WITH all the improvements now or hereafter erected on the property, and all easement�, <br />appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall aLso be <br />covered by t1�is Security Instrumen� All of the foregoing is referred to in this Security Inshvment as the "p�.ogetty. n <br />Borrower understands and agrces that MERS holds only legal title to the intere�ts grantad by Borrower in this <br />Security Insbrnment; but, if necessary to comply with law or custom, MERS, (as nominee far I.ender and Lender' s <br />succe.ssors and assigns), has 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 action required of Lender including, but not limite� to, releasing or <br />c�nceling this S�urity Instrument. <br />BORROWER COVENANTS that Borrower is lawfully seize� of the estate hereby conveyed and has the right to <br />grant and c�nvey the Properiy and that the Property is unencumbered, except for encumbrances of record Borrower <br />warrants and will defend generally the title to the Progerty against all claims �d demands, subject to any <br />encumbrances of record <br />THIS SECLTRITY INSTRUMENT combines uniform covenants for national use and non uniform covenants <br />with limit� variations by jurisdiction to constitute a uniform security instrument covering real property. <br />Borrower and Lender covenant and agree as follows: <br />iJNIFORM COVENANTS. <br />1. Payment of Prindpal, Interest und Late Charge. Borrower shall pay when due the principal of, and <br />interest on, the debt evidencxd by the Note and late charges due under the Note. <br />2. Monthly Payment of Tazes, Inanrance and Other Chaiges. Bonower shall include in each monthly <br />payment, together with the principal and interest as set forth in the Note and any late charges, a sum for (a) tax�s and <br />sp�ial assessments levied or to be levied against the Progerty, (b) leasehold payments or ground rents on the <br />Properiy, and (c) premiums for insurance required under paragraph 4. In any yeair m wltich the Lender must pay a <br />mortgage insurance premium to the �ereetary of Housing and Urban Development ("Secretary"), or in any year m <br />which such premium would have be,en requirefl if Lender still held the Security Tnctnn„en each monthlY 1�Ym� <br />sha11 also include either: (i) a sum for the annual mortgage insurance premium to be paid by Lender to the Se�retary, <br />or (ii) a monthly charge instead of a mortgage insur�ce premium if this Security Instrument is held by the Secretary, <br />in a reasonable amaunt to be determined by the Secretazy. Except for the monthly charge by the Secretary, these <br />items are called "Eserow Items" and the sums paid to Lender are called "Escrow Funds." <br />2200154985 �.��� D V4NNE <br />VMP �-4N(Nq loao�).o� Pe¢a z ot e � L� <br />