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�0120�� <br />>I ID Number. 400027224 <br />E SOU'1'S STREET <br />�D ISLAND <br />perly Address"): <br />wluch currently has the address of <br />(streer) <br />(City), Nebraska 68801 (Zip Code) <br />GETHER WITH all the ix�rovements now or hereafter erected on the prop�ty, and all easements, <br />�urtenen� and fixtures now or hereafter a part of the properiy. All replacements and additions sha11 also be <br />�ered by this Se,curity Instrument. All of the foregoing ia referred to in this Sec�uity Instrument as the <br />�operty." Borrower understands and agrees that MER5 holds only legal title to the interest granted by Borrower <br />his Security �nst�nent, but, if necessary to comply with law or custom, MERS (as nominee for Lender and <br />►der' s successors and assigns) has the right: to axercise any or all of those interests, including, but not limited <br />the right to foreclose and sell the Properiy; and to take sny action required of Lender including, but not <br />ited to, releasing and canceling this Security Instnmient. <br />RROWER COVENANTS that Borrower is lavvfully seised of the estate hereby conveyed and has tha right to <br />nt and convey the Property and that the Property is unencumbered, except for encumbrances of re�ord. <br />�ower warrants and will defend generally the title to the Property against all claims and demands, subject to <br />� encumbrances of record <br />SECURiTY INSTRiJMENT combines uniform covenHnts for national use and non uniform <br />ants with limited variations by jurisdiction to constitute a uniform security inslrument covering real <br />Covenartits. Borrower and Lender covenant and agr� as follows: <br />1., Paymerrt of Princ9pal, Interoest, �row Items, Proepaymerit CFrarges, and Late Charges. Borrower <br />shall pay when due the principal of, and interest on, the debt evidenc� by the Note and any prepayment <br />' charges and late charges due under the Note. Borrower shall also pay funds for Escrow Iteins pursuant to <br />� Section 3. Payments due under the Note and this Security Tnat„�..+� shall be made in U. S. currency. <br />However, if any check or other instrument r�eived by Lender as payment under the Note or tUis Security <br />Instrument is returned to I.ender unpaid, Lender�may req�rire that any or all subsequent payments due under <br />the Note and this Security Instrument be made in one or more of the following fom�s, as selected by Lender: <br />�(a) cash; (b) money order; (c) certified check, bank check, treasurer' s che�ck or cashier' s check, provided any <br />i i such chec;k is drawn upon an institution whose deposits are insured by a fed�al agency, instrumentality, or <br />I ' entity; or (c� Electronic Funds Transfer. <br />�� � Payments aze dcemed r�eived by Lender when received at the location desi�ated in the Note or at such <br />�! other location as may be designated by Lender in accordance with the notice provisions in Se�tion 15. <br />j Lender may return any payment or pariial payment if the payment or paRial payments are insufficient to <br />� II bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan <br />'�'' current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial <br />' payments in the future, but Lender is not obligated to apply such payments at the time such payments are <br />� accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest <br />' on unapplied fimds. Lender may hold such unapplied funds until Borrower makes payment to bring the Loan <br />current. If Bonower does not do so within a reasonable period of time, Lender shall either apply such funds <br />or return them to Bonower. If not applied earlier, such funds will be applied to the outstanding principal <br />�� balance under the Note immediately prior to fareclosure. No offset or claim which Horrower might hava <br />now or in the firture against Lender shall relieve Borrower from making payments due under the Note and <br />� this Security Instrun�ent or performing the covenants and agr�ts s��red by tlus Security Instrument. <br />2200284U88 <br />NEB KA-Sb�gle FmnOy-F�Ne Mae/Freddfe Meo UNIFORM INSTRUMENT WITH MERS <br />W �� Kluw� F6�rwial Services <br />� <br />J� <br />D VBANE <br />Form 3038 1/p1 <br />VMPBA(NE) (1706) <br />vaee a �t � � <br />