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201205567 Instrument and the 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 of HALL . [Type of Recording JurisdicNon] [Name of Recording Jurisdicdon] LOT SEVENTEEN (17), INDIANHEAD SEVENTH SUBDIVISION, IN THE CITY OF GR.AND ISLAND, HALL COUNTY, NEBR.ASKA which currently has the address of 4 03 0 INDIANHEAD DR [street] GRAND I S LAND , Nebraska 6 8 8 0 3 ("Property Address"): [City] [Zip Code] TOGETHER WITH a11 the improvements now or hereafter erected on the property, and a11 easements, 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 refened to in this S�urity Instrument as the "Property. " BORROWER COVENANT5 that Bonower is lawfully seised 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 r�ord. Borrower warrants and will defend generally the title to the Property against a11 claims and demands, subje,ct to any encumbrances of record. THIS 5ECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instnunent 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. Bonower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment chazges and late charges due under the Note. Bonower shall also pay funds for Escrow Items pursuant to Se,ction 3. Payments due under the Note and this 5ecurity Instrument shall be made in U.5. currency. However, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by L,ender: (a) cash; (b) money order; (c) certified check, bank ch�k, treasurer's ch�k 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) Ele,ctronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the 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 time such payments aze 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 NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 Page 3 of 7 4 �� DocMeg/c � www.docmaglc.com Ne3028.dot.xml