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20110712� <br />This debt is evidenced by Barrower's note dated the s�►e date as this Se�mtY It►strument ("Note"), which <br />provides for monthly payments, with the fiill debt, if not paid e,Rrlier, due and payable on october Ol , 2026 <br />. This Security Insriiunent secures to I.ender: (a) the repayment of the debt evidence� by the <br />Note, with interest, and all renewals, extensions and modificxitions of the Note; (b) the payment of all other sums, <br />with interest, advanceri under paragraph 7 to protect the security of this Security Inslrument, and (a) the performance <br />of Borrower' s covenants and agreements under this Se�urity Instrument and the Note. Far this purpose, Boa'ower <br />irrevoca.bly grants and conveys to the Trustee, in trust, with power of sale, the following describe� properly locate� <br />in Hall County, Nebraska: <br />THI3 DEID OF TRIIST SECURES A I�NQFACTORED flOME DESCRIBED AS FOLLOW3: <br />LOT TWO (2) , IN ��RING AND RELLY 3IIBDIVISION, IN TSE CITY OF GRAND ISI.AI�ID, H1iLL <br />COUNTY, NEBRASRA. <br />MAI�/MODEL/YEAR: RADCO/RADCO/2-1-1991 <br />VIN#: 0525295774AbB <br />� �� #: NEB061Q09 <br />Parcel ID Number: 40A061775 <br />which has the address of 1612 S. Eddy Street � <br />Grand Island [City], Neblaska 68801 [Zip Code] ("Property Address"); <br />TOGETI�R WITH all the improvements now ar hereafter ere,cted on the progeriy, and all easements, <br />appurtenances and fixtures now or hereafter a part of the properiy. All replacements and additions sball also be <br />covered by this Se�urity Instrument. All of tha foregoing is referred to in this Security Instcvment as the "Property." <br />Borrower understands and agrees thst MERS holds only legal title to the interests grante� by Borrower in this <br />Sec�mty Instrument; but, if necessary to comply with law or custom, MERS, (as noannee for Lender and Lmder' s <br />successors 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 Properiy; and to take any action required of Lender including, but not limited to, releasing or <br />canceling this Sec�mty Instrument. <br />BORROWER COVENANTS that Borrower is lawfully seize� of the estate hereby conveyed and has the right to <br />grant and con�ey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower <br />warrants and will defend generally the title to the Property against all claims and demands, subje�t to any <br />encumbrances of record <br />THIS SECURITY INSTRLTMENT combines uniforna cove�ants for national use and non uniform covenants <br />with limited variations by jurisdiction to constitute a uniform secarity 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. Bonower sha11 pay when due the principal o� and <br />interest on, the debt evidenced by the Note and late charges due under the Note. <br />2. Monthly Payment of Taxes, Insnrance and Other Charges. 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) taxes �d <br />special assessments leviad or to be levie�i against the Propetty, (b) leasehold payments or ground rents on the <br />Property, and (c) premiums for insurance required under paragra.ph 4. In any year in which the Lender must pay a <br />mortgage insurance premium to the Seeretary of Housing and Urban Development ("Secretary"), ar in any yeaz' m <br />which such premium would have been requireri if Lender still held the Security Instrument, each monthly payment <br />shall also include either: (i) a sum for the annual mortgage insurance premium to be paid by Lender to the Se�retazy, <br />or (ii} a monthly chazge inste,ad of a mortgage insurance premium if this Security Instrument is held by the Secretary, <br />in a reasonable amount to be determinerl by the Secretazy. Except for the monthly charge by the S�retary, these <br />items are called "Escrow Items" and the sums paid to Lender are called "Escrow Funds." <br />2200154009 �A D V4t�NE <br />i�a �/ i' J(� — <br />, ��, <br />VMPC��1N(NE� loao�l.o� aeee z ot e <br />�' � � <br />