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201206055 l� V4 WBCD LOAN � 503542405 sale,the following described properry located in the coutrTY [Type of Recording Jurisdlction]Of HALL [Name ot Recording Jurisdiction]: '' LOT SI%TEEN (16), EAGLE SUBDIVISION, HALL COUNTY NEBRASRA APN #: 400209942 which currently has the address of 639 LINDEN AVE, GRAND ISLAND, [Street][City] Nebraska 688U1-8653 ("Property Address"): [Zfp Code] TOGEfHER WITH aIl the improvements now or hereafter erected on the property,and all easements, appurtenances,and fixtures now or hereafter a part of the property.All replacements and additions shall also be covered bythis Security InsVument.All ofthe foregoing is referred to in this Security Instrument as the"Properry."Borrower understands and agrees that MERS holds only legal irtle to the interests granted by Borrower in this Security Instrument,but,if necessary to complywith law or custom,MERS(as n ominee 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 toforeclose and sell the Properry;and to take any action required of Lender including,but not limited to,releasing and canceling this Security Instrument. BORROWER COVENANTS that Borrower is lawfully seised ofthe estate hereby conveyed and has the right to grant and convey the Properiy 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 un'rform covenants for national use and non-un'rform covenants with limited variations byjurisdiction to constitute a uniform security instrument covering real properry. UNIF�RM 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 interest 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 the Note and this Security Instrument shall be made in U.S.currency.However,rf 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 ofthe following forms, as selected by Lender. (a) cash; (b) money 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 Lenderwhen received atthe 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 insuificientto bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current,withoutwaiver 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 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 payment 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 iunds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrowerfrom making payments due underthe Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument. Initials: �� NEBRASKA—Single Family—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 30281/01 Online Documents,Inc. Page 3 Of 11 NEEDEED 1108 07-18-2012 16:28