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�0110�903
<br />This debt is evidenced by Bonower° s note dated the same date as this Sacurity Instrument ("Note"), which
<br />provides for monthly payments, with the fa11 debt, if not paid earlier, due and payable on November 01, 2041
<br />, This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the
<br />Note, with interest, and a11 xenewals, extensions and modifications of the 1Vote; (b) the PaYment of all other suma,
<br />with interest, advanced under paragraph 7 to protect the se�urity of this Security Ynslrument; and (c) tha performance
<br />of Bonower's covenants and agreements under this Se�urity Instrument and the Note. For this Purpose, Bonower
<br />urevacably grants and conveys to the Trustee, in t�vst, with power of sa1e, the following describeri property located
<br />in Sa11. County, Nebraska:
<br />Lot Thirty Eight (38j, Amick Acsea �Test Subd.ivison, Sall Couaty, Nebraska.
<br />Parcel ID Number: 400385562
<br />which has the address of 311 Renee itoa,cg [s�'��
<br />Doxtiphara [City], Nebraska 68832 [Zip Code] ("Property Address");
<br />TOGETI3ER WITH all the improvemen9�ss now or hereafter erecte,d on the properiy, and all easements,
<br />appurtenances and fixtures now or herea�fter a part of the property. All replacements and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is refexred to in this Security Instrument as the "Property."
<br />Borrower understands and agrees that MERS holds only legal title to the interests grante� by Borrower in this
<br />Security Inst�vment; but, if n�;essazy to comply �vith law or custom, MER.S, (as nomine� for Lender and I,ender' 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 Property; and to talce �ny action required of Lender including, but not limite� to, releasing ar
<br />canceling this Security Instrument.
<br />BORItOWER COVENANTS 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 unencinnbered, �cept for enc�br�ces of record Borrower
<br />warraats and will defend generally the title to the Property against all claims aad demands, subje�t to az►y
<br />encumbrances of record.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for na�ional use and non uniform covenants
<br />with limited variations by jurisdiction to constitute a uniform security insrivment covering real property.
<br />Borrower and Lender covenant and agree as follows:
<br />iTIVIFORM COVENANTS.
<br />1. Payment of Principal, Interest and Late Charge. Borrower shall pay when due the principal o� and
<br />interest on, the debt evidenced by the Note and la.te charges due under the Note.
<br />2. Monthly Payment of Tazes, 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 chazges, 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 paragraph 4. In any ye,ar m which the Lender must pay a
<br />mortgage insurance premium to the Secretary of Housing and Urban Development ('°Secx'etazy"), ar' in any Yeaz' �n
<br />which such premium would have been requireri if Lender still held the Se�nrity 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 Secretazy,
<br />or (ii) a monthly charge instead of a mortgage insurance premium if this Security Instrument is held by the Secretary,
<br />in a reasonable amount to be detenninefl by the Secretary. Except for the monthly charge by the Secretary, these
<br />items are �alled "Escrow Items" and the sums paid to Lender are called "Escrow Funds."
<br />2200174269 D V���
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<br />VMP C�-4N(NE) roao�l.o� Pe¢� z o� 8
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