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20120�5�1 LOAg �i 0038347852 sale, the follo�nring described property located in the Covm�rY [Type of Re�xtding JurlsdlcUon] Of Hall [Name of Record&�g Ju�isdidion]: LOT THREE (3) IH HL�R FIFTY-ONE (51) � TN �p�T•T�'•8 WASMER '.L'9IRD ADDITION TO T$E CI'1'Y OF GRAND ISLASD, HALL COUPTY, 3AEHRABKA. 1�PH #: 400110814 which currently has the address af 2013 W LQUISE ST � a�n xsr�n, [��1 [��v] Nebraska 68803 ("Property Address'7: [aP ��l TOGEfHER WlTH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fatures nouv or hereafter a part of the property. All replacements and addi�ons shall also be covered by this Securfly It�strumer�t All of the for�oing is referred to in this Security Ir�strument as the "Properly." Borrower understands and agrees that MERS holds only legal �e to the inte� granted by Borrower in this Security Instrument, but, 'rfnecessary to comply with law or custom, MERS (as nominoe for Lender and Lender's succ�sors and assigns) has the right: to excercise sny or all of those interests, including, but not limited to, the right to forecl�e and sell the Property; and to take any actlon required of Lender including, but nat limited to, relsasing and canc:eling this Security Insirument BORROWER COVENANTS that Borrower is lawl`ully seised of the estate hereby conveyed and has the right to grant and corney the Properiy and that the Property is unencumbeced, except for encumbrances of record. Botrower waRants and wili defend generally the title to the Property against all claims and demands, subject to any encumbrances of racord. THIS SECURfTY INSTRUMEMT combines uniform aovenants for national use and non-un'�form covenants with lim ited variations by Jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. BoITOwer and Lender cavenant and agree as folfows: 1. Paymerrt of Principal, Intereat, Escrow Items, Prepaymer�t Cherges, and Late Charges. Borrower shall pay when due the principai of, and interest on, the debt evidenced by the Note and any prspayment charges and late charges due under the Note. BoROwer shall also pay iunds for Escrow Items pursuantto Sec�on 3. Payments due under the Note and this Security Instrume�t shall be made in U.S. currency. However, if any check ar other instrument received by Lender as payment under the Note or this Security Instrumerrt is returned to Lender unpaid, Lender may require that any or all subsequent paymenis due underthe Note and this Security Insfirument be made in ane or more of the following #orms, as selected by Lender: (a) cash; (b) money order; (c) certifled check, bank check, treasurer's check or cashier's check, provided any such check is drawn upan an institution whose deposits are insured by a federa( agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Paymen� are deemed received by Lenderwhen received atthe location designated in the Note or at such other locatian as may be d�lgnated by Lender in accordance wlth the notiae provisians in Section 15. Lender may retum any payment or partial payment lf 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, withoutwaiver of any rights hereuncler or prejudice to its rights to refuse such payment ar partial payments in the iuture, but Lender is not obligated to apply such paymenb at t�e 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 cio so within a reasonable period of time, Lender shatl either apply such iunds or return them to Borrower. If not applied earlier, such funds will be applied to the outs#anding principal balance under the Note immediatety prior to foreclosure. No offsei or claim which Borrower might have now or In the future against Lender shaH relieve Borrowerfrom making payments due under the Note and this Security Instrument or perfo i the covenants and agreements secured by this Security Instrument. Iaitials: NEBRASKA-9ingle Famqy-F�n�e Mae/Fredtde Ailac U�RM IfdSTRUMENT Form 3028 7/ot Online Document�, Ina P�ge 3 Of 11 NEEDEED 1108 '• F1.�. r �.l�IiLt': = r . .