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201106386 and has an address of 25 Enterpr i se Center, Newport, R 1 02842 . Borrower owes Lender the principal sum of seventy -eight thousand nine hundred eighty -two and 00/100 Dollars (U.S. $78, 982.00 ), 'this debt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the fall debt, if not paid earlier, due and payable on September 1 , 2041 . This Security Instrument SeCUreS to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all stuns, renewals, extensions and modifications of the Note; (b) the payment of all other with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to the Trustee, in trust, with power of sale, the following described property located in Hal I County, Nebraska: See Attached Exhibit A Parcel ID Number: which has the address of 1109 S Eugene Street [Street] Grand Island [City], Nebraska 68801 rLip Code] ( "Property Address "); TOGETHER WITH all the improvements now or hereafter erected on the property, and all casements, appurtenances and fixtures now of hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrees that HERS holds only legal title to the interests granted by Borrower in this Sccuritv Tnsn'ument; but, if necessary to comply with law or custom, MFRS, (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; and to take any action required of Lender including; but not limited to, releasing or canceling this Security Instrument_ BORROWER COVEN ANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the property against all claims and demands, subject to any encumbrances of record. MIS SECTJRITY LNSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Uniform Covenants. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest and late Charge. Borrower shall pay when due the principal of and interest on, the debt evidenced by the Note and late charges due under the Note. 2011- 11'JJ8 9 100040700011033361 3341 MA Mori gage WITH M9 -NE Revised 41gG Amantletl l;pA VMP VMP.N'NF� 0105) Wdtes Kluw et Rnundd Sen•ICes Page 2 V 10