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�O��A��7� Parcel ID Number. 400104946 220 Voss Road Grand Islaad C�Propeny Aaaress��): which currently has the address of (Street) (City), Nebraska 68801 (Zip Cvde) TOGETI�R WITH all the improvements now or hereafter erected on tha property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Sec�uity Instrument. All of the foregoing is referred to in thia Security Instrument as the "Property." Borrower understands and agrees that MERS holds only legal title to the interest granted by Horrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and I.ender' s successors and assigos) has tha right: to exercise any or all of thosa interests, including, but not limite� to, the right to for�lose and sell the Property; and to take any action r�uired of Lender including, but not limited to, releasing and c;anceling this Sectmty Instrument. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyerl �d has the right to grffit and convey the Property and that the Property is unencumbered, except for encumbrances of re�ord Borrower warrants and will defend generally the title to the Properiy against all claims and demands, subject to any encumbrances of record THIS SECURITY INSTRTJMENT combines uniform covenants for national use and non uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Uniform Covenar�ts. Borrower and Lender covenant and agree as follows: 1. Paymerrt of Principal, Irrtere,gt, 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 cl�arges due under the Note. Borrower shall also pay fimds for Escrow Items pursuant to Section 3. Payments due under the Note and this Sacurity Instrument shall be made in U. S. currency. However, if any check or other inst�vment received by Lender as payment under the Note or ttris S�urity Insh ument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and tlua Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer' s aheck or cashier' s check, providai any such check is drawn upon an institution whose deposits mre insured by a federal agency, instrumentality, or entity; or (cn Eleclronic Funds Transfer. Payments are de�emed received by Lender when received at the location designated in the Note or at such other location as may be degignated by Lender in accordance with the notice provisions in Section 15. I.ender may return any payment or partial payment if the payment or paitial 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 are acceptal. If each Pariodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds imtil Bonower makes payment to bring the Loan current. If Borrower does not do so within a reasonable geriad of time, Lender shall either apply such funds or return them to Bonower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior to fore,closure. No offset or claim which Boaower might have now or in the future against Lender shall relieve Borrower from maldng payments due under the Note and this Sec�mty Instrument or performing the covenants and agreements aecured by tlus Security Instrument. 22�271788 NEBRASKA-Single FamUy-FanNe MeelFreddle M� UNIFORM INSTHUMENT WITH MERS VMP Cql Wolt�e Kluwer F� Services D VBANE Form 30 1 /01 VMPBAINE) (1106) PaAe 4 of 17 �,, �f