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201108612 LOAN #: 225110900001623 existing under the laws of RHODE isLaxn, and has an addressof 225 DUPONT DRIVE, PROVIDENCEr RI 02907. Borrower owes Lender the principal sum of*****ONE HUNDRED THIRTY ONE THOUSAND THREE HUNDRED ADiD Di0/100*************************** Dollars(U.S. $131,300.00 �. This debt is evidenced by Borrower's note dated the same date as this Security Instrument("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on NOVEMBER i, 2041. The beneficiary of this Security Instrument is MERS(solely as nomineefor Lender and Lender's successors and assigns)and the successors and assigns of MERS.This Security Instrument secures to Lender:(a)the repayment of the debt e�idenced by the Note,with interest, and all renewals,extensions and modifications of the Note;(b)the payment of all other sums,with interest, advanced under paragraph 7 to protect the security of this Security Instrument;and�c)the pertormance 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 HALL County, Nebraska: which has the address of 2617 Del Monte Avenue, Grand Island, �Street,City�, Nebraska 68803 ("Property Address"); [Zip Code] TOGETHER WITH all the improvements now or hereafter erected on the property,and all easements, appurtenances and fixtures now or hereafter a part ofthe 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 MERS holds only 1eg21 title to the interests granted by Borrow�r in this Security Instrument,but,if necessary to comply with law or custom,MERS(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 and canceling this Security Instrument. BORROWER COVENANTS that Borrower is lawfullyseized 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. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations byjurisdiction to constitute a uniform security instrument covering real property. Borrower and Lender covenant and agree as follows: UNIFORM COVENANTS. 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. 2. Monthly Payment of Taxes,Insurance and Other Charges.Borrower shall include in each monthly payment,togetherwith the principal and interest as set forth in the Note and any late charges, a sum for(a)taxes and special assessments levied or to be levied against the Property,(b)leasehold payments or ground rents on the Property,and(c)premiums for insurance required under paragraph 4.In any year in which the Lender must pay a mortgage insurance premium to the Secretary of Housing and UrLan Development("Secretary"),or in any year in which such premium would have been required FHANe6raskaDeedofTrust-4l96 InitialS:�C�-� �J[}� Online Documents,Inc. Page 2 Of 7 NEEFHADE 1708