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201302913
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Last modified
12/31/2013 2:32:04 PM
Creation date
4/12/2013 10:43:18 AM
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DEEDS
Inst Number
201302913
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201302913 <br /> Transfer of Rights in the Property <br /> This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br /> modifications of the Note: and (ii)the performance of Borrower's covenants and agreements under this Security <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 (Type of Recording Jurisdiction) <br /> of Hall (Name of Recording Jurisdiction): <br /> THE EASTERLY TWENTY EIGHT(28)FEET OF LOT TEN(10)AND THE WESTERLY FORTY TWO(42) <br /> FEET OF LOT ELEVEN(11),BLOCK NINE(9),IN MORRIS FIFTH ADDITION TO THE CITY OF GRAND <br /> ISLAND,HALL COUNTY,NEBRASKA. <br /> Parcel ID Number: 400065347 which currently has the address of <br /> 418E 19TH ST <br /> (Street) <br /> Grand Island (City). Nebraska 68801 (Zip Code) <br /> ("Property Address"1: <br /> TOGETHER WITH all the improvements now or hereafter erected on the property. and all easements, appurtenances, <br /> and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this <br /> 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 to grant <br /> and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower <br /> 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 unifonn 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 /> 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower <br /> shall pay when due the principal of and interest on, the debt evidenced by the Note and any prepayment <br /> charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to <br /> Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if <br /> any check or other instrument received by Lender as payment under the Note or this Security Instrument is <br /> returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this <br /> Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b)money <br /> order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn <br /> upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d)Electronic <br /> 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 <br /> return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan <br /> current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver <br /> of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but <br /> Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic <br /> Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender <br /> may hold such unapplied funds until Borrower makes payments to bring the Loan current. If Borrower does not <br /> do so within a reasonable period of time,Lender shall either apply such funds or return them to Borrower. If not <br /> applied earlier,such funds will be applied to the outstanding principal balance under the Note immediately prior <br /> to foreclosure. <br /> NEBRASKA-Style Family-Fannie Mae/Fretltlre Mac UNIFORM INSTRUMENT Form 3020 1/01 <br /> VMP a VMPO(NE) (1105100 <br /> Wolters Kluwer Financial Services Page 3 of 15 <br /> 1010 II 11 11111 IIIINI1111111111111 1111111111111111 -roc, <br /> P <br /> kt 1+ i <br />
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