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201205416 Transfer of Rights in the Property This Security Instrument secures to Lender. (i) the repayment of the Loan. and all renewals, extensions and modi[icadons of the Note; and (ii) the performance of Borrower's covenants and agreements under this Sccudty, Instrument and die Note. For this purpose. Borrower irrevocably grants and conveys to Trustee. in trust, with power of sale. the following described property located in the County (Tipe gfRecordmg JnrisdicRaq) of Hall Grate ojReeording Jurisdiction): LOT ONE (I), BLOCK FOUR (4)IN MORRIS SECOND ADDITION TO THE CITY OF GRAND ISLAND; HALL COUNTY. NEBRASKA Parcel ID Number: 400064197 319 E 18TH ST which currently has the address of (,/reel) Grand Island (0tv), Nebraska 68801 (zip Code) ("Property Address"): TOGETHER WITH all the improvements now or hereafter erected on the property, and all casements. appurtenances. and fixtures now or 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 is the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Properq and that the Property is unencumbered. except for encumbrances of record. Borrower wvrrants and will defend generally die title to the Proportv 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 by jurisdiction to constitute a uniforru security instrument covering real property. Uniform Covenants. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of. and internist on. the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under die Note and this Security Instrument shall be made in U.S. currency_ However. if any check or other iustrnnent received by Lender as payment wider the Note or this Security lnstruncnt is returned to Lender unpaid, Lender may require that any, or all subsequent payments due wider the Note and this Security Instrument be made in one or more of the following fomes, as selected by Lender: (a) cash: (b) inoneq order; (c) certified check, bank check treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality. or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated uu the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section li. Lender may return any payment or partial payment if the payment or partial payments are insufficient icient to bring the Loan current. Lender may accopt any payment or partial payment insufficient to bring die Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future. but Lender is not obligated to apply such payments at the tune such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payments to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrower. If not applied earlier. such funds will be applied to do outstanding principal balance wider the Note immediately prior to foreclosure. NESPASPA-Simple FomilyFannie lherredde Mac UNTORM INSRUMENr Form 30M 1101 VMP 9 YMPgNEI (11051.00 Ad[., W . rue clal Sentare Paoa 3.110 I I I I� IIIII II I II i91111111111111111161111111111111 IIII I I I I III �� 61x1DNE97727672786