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20120010�
<br />(.n "Community Association Dues, Fces, and Assessments". means all dues, fees, assessments and other charges
<br />that are imposed on Bonower or the Property by a condominium association, homeowners association or similar
<br />organization.
<br />(I� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft,
<br />or similaz paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or
<br />magnetic tape so as to order, instruct, or authorize a financial insritution to debit or credit an account. Such term
<br />includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by
<br />telephone, wire transfers, and automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that aze described in Section 3.
<br />(1Vn "Miscellaneous Procceds" means any compensation, settlement, award of damages, or proceeds paid by any
<br />third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or
<br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in
<br />lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(1� "Mortgage Insurance" means insurance protecting L.ender against the nonpayment of, or default on, the Loan.
<br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note,
<br />plus (ii) any amounts under Section 3 of this 5ecurity Instrument.
<br />(P) "RESPA" means the Rea1 Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing
<br />regulation, Regulation X(24 C.F.R. Pazt 3500), as they might be amended from time to time, or any additional or
<br />successor legislation or regulation that governs the same subject matter. As used in this Security Instrument,
<br />"RFSPA" refers to a11 requirements and restrictions that are imposed in regard to a"federally related mortgage loan"
<br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA.
<br />(� "Successor in Interest of Borrower" means any pazty that has taken title to the Property, whether or not that
<br />party has assumed Bonower's obligations under the Note and/or this Security Instrument.
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and
<br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security
<br />Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power
<br />of sale, the following described property located in the
<br />COUNTY af HAI�L •
<br />[Type of Recording Jurisdiction] [Name of Recording Jurisdicdon]
<br />A TRACT OF L�,l�ID C+O�RISING A PART OF 'TI� SOUTHEAST QL�RTER. OF T!� NORTHWF�S'!'
<br />QL'Q�RTE�t OF SECTI�T 21, 'IC�nT1VSF�P 11 NORTH, RALVGE 9 WEST OF � 6TH P.M., F�TT
<br />CbL]NTY 1�BRPkSKA, MORE PARTICVLARLY DESCRIBID AS FiOLIAWS : BF]GIl�TIlVG AT A POINT
<br />15.0 FE�!' F�P,ST OF 'I'f� WFSTERLY LIl� OF SROADWELZ AVENUE, IF EXTEbIDID
<br />SOUI�R.LY, Al�ID 148.0 FE�!' SOUT`H OF 'TI-� SOUTH LIl� OF Al�, STREET; Ti�TCE
<br />Y Pz1N T�F'�'� TO SAID WFSTERLY LIl� OF BRQADWELL AVENCTE, IF EXTEL�IDID,
<br />A DIS'TAl�TCE OF 127 . 0 FE�!'; Tf�TCE SOL:FTHWFS°1'ERLY P�R,AT T�� TO TF� SOU[�RLY T
<br />OF A'L� STREET, A DIS°TANCE OF 90 . 4 FEET; TI�TCE NORTHWESTERLY PA�? T,�.r �r� 'I�0 SAID
<br />WESTIItL,Y LIl� OF BROADWELL AVEN[JE IF EXTEL�IDID, A DIS°TAi�TC� OF 127.0 FEET';
<br />TI�TCE NOFtT��T Y PAR,AT T F'r , TO 'THE SOLfl�RLY LIl� OF � S°I'REET, A DIS�ANCE
<br />90.4 F'EE!' TO T� PLAC� OF BEGIl�TIl�TG
<br />A.P.N.: 400147017
<br />which currently has the address of 714 S. BROADWELL AVE .
<br />[street]
<br />GRAND I S LAND , Nebraska, 6 8 8 0 3 ("Property Address"):
<br />[City] [Zip Code]
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
<br />Bonower wazrants and will defend generally the title to the Property against all claims and demands, subject to any
<br />encumbrances of record.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />UNIFORM COVENANTS. Bonower and Lender covenant and agree as follows:
<br />1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Bonower shall
<br />pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment chazges and late
<br />charges due under the Note. Borrower shall also pay funds for Fscrow Items pursuant to Section 3. Payments due
<br />under the Note and this Security Insttvment shall be made in U.S. currency. However, if any check or other
<br />instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid,
<br />Lender may require that any or a11 subsequent payments due under the Note and this Security Instrument be made in
<br />P� ��
<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT pacMeg/c�
<br />Form 3028 1/01 Page 2 of 11 www.docmaglc.com
<br />Ne3D28.daL�l
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