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�O��Q630� Parcel ID Number: 400050595 2916 W North Front St GRAND I3LAND ("Property Addrass"): wluch currently bas the addreas of (Srreet) (City), Nebraska 68803 (Zip Code) TOGETFIER WITH all the improvements now or hereafter erecte� on the properiy, and all easements, appurtenances, and fixtures now or hereafter a part of the properiy. All replacements and additions shall also be covered by this Security Insriiunent. All of the foregoing is referred to in tlus Security Instrument as the "Progeriy" Horrower understands and agrees that MERS holds only legal title to tha interest grantad by Borrower in tlus Secarity �nstnn�nt, but, if necessary to comply with law or custom, MERS (as nominea for Lender and Lender' s successors and assigns) has tha right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Properl3 , and to take any action required of Lender including, but not limited to, =eleasing and c�nceling this S�urity Inskrument. BORROWER COVENANTS that Bonower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Properiy is unencumbered, except for encutnbrances of record Borrower warrants and will defend generally the titla to the Property against a11 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 wriform security instrument covering real Pi'�P�3'• Uniform Covenants. Borrower and Lender covenant and agra as follows: 1. Paymerrt of Prtncipal, Interaest, FBCrow Iterns, Prepayme�tt 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 charg� due under the Nota. Bonower shall also pay fimds for F.scrow Items purauant to Section 3. Payments due under the Note and this Sacurity Instrument sha11 be made in U. S. currency. However, if any check or other instnunent received by Lender as payment under the Note or this Security Insirument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Se�urity Instrument be made in one or �re of the following forms, as selected by Lender: (a) cash; (b) muney arder; (c) certified check, bank check, treasurer' s check or cashier' s check, provided any such ch�k is drawn upon an inskitution whosa deposits are insured by a federal agencY, instrumentality, or entity; or (cn Elactronic Funds Transfer. Payments are deemed r�eived by Lender when re�eived at the lacation designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Secrion 15. Lender may return anY PaYment o�' P��a1 PaYment if the payment or partial payments ara insufficient to bring the Losn current. Lender maY ��Y PaYment ar P�r�al PaYment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial pay�nts in the futu�re, but Lender is not obligated to apply such pay�ents at the time such payments aze accepted. If each Periodic Payment is a�plied as of its scheduled due date, then Lender nead not pay interest on unapplied fimds. Lender may hold such unapplied fimds until Borrower makes payment to bring the Loan cunent. If Bonower does not do so within a reasonable period of time, Lender shall either apply such fimds ar return them to Borrower. If not applied e,arlier, such funds will be applied to the outstanding principal balance under the Note im�diately prior to for�losure. No offset or claim which Borrower might have now or in the future against Lender aha11 relieve Borrower from making payments due under the Note and tUis Security Instru�nt or performing the covenants and agr�ts secured by this Security Inslrument. 22�280627 NEBRASKASh�gle FamOy-FanNe Mae/Freddie Mao UNIFORM INSTRUMENT WfTH MERS Wd�is Kluwx Flnarxdel Setvkes D VBANE Form 3038 1 /01 VMPBA(NE) (1105) Pege 4 of 7 7 �, - �� ✓ . �