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201301746 <br /> Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power <br /> of sale. the following described property located in the <br /> COUNTY of Hall <br /> �y�-y�- [Type of Recording Jurisdiction]JJuriisdiction] [Name of Recording Jurisdiction] <br /> it qt (8), In Bkrk t (8), ClEatfr km's g d vision to t±E City d Gan 3:s 'd, 11311(lnty, Mazda <br /> APR.: 40E05:612 <br /> which currently has the address of 1304 N Cherry St <br /> [Street] <br /> Grand Island , Nebraska 68801 ("Property Address"): <br /> [City] [Zip Code] <br /> TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br /> appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also he <br /> covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the"Property." <br /> BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right <br /> to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. <br /> Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any <br /> encumbrances of record. <br /> THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with <br /> limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br /> UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br /> I. Payment of Principal, Interest,Escrow Items,Prepayment Charges.and Late Charges. Borrower shall <br /> pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late <br /> charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due <br /> under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other <br /> instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, <br /> Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in <br /> one or more of the following forms,as selected by Lender: (a)cash;(b)money order; (c)certified check, bank cheek, <br /> treasurer's check or cashier's check,provided any such check is drawn upon an institution whose deposits are insured <br /> by a federal agency, instrumentality, or entity; or(d) Electronic Funds Transfer. <br /> Payments are deemed received by Lender when received at the location designated in the Note or at such other <br /> location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return <br /> any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender <br /> may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights <br /> hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not <br /> obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of <br /> its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds <br /> NEBRASKA—Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Dochleg/c ieRirtM <br /> Form 3028 1/01 Page 3 of 14 www.docmagic.com <br />