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��14�1517 <br /> Parcel �D N u m ber. 4����9�73 which currently ha��he address af <br /> l 511 � LaU I5E ST �Stree�) <br /> Grand I s 1 and ��'ity}, Nebraska �SS��. �,�i,p Cade� <br /> �"Praperty Address"�: <br /> T��ET��R�V�TH ali�he impravemen�s now or hereafter erected on�he praperty, and aII easements, <br /> appur�enances, and fix�ures nov�r or hereafter a par��f�he praper�y. A�I replacemen�s and addit�ons shall also be <br /> cover�d by thi� Security�nstrumen�. �.11 of the faregaing is referred to in�his 5ecur�ty�nstrurnent a.s�he <br /> "Prap�rty." Barrower und�rstands and agre�s�ha�MERS holds only�ega��itle to th�inter�st granted by Borrower <br /> �n�hxs Security�nstrument, bu�, �f necessary t�c�mp�y v�rith law ar custorn, MER.S�as norninee for Lender and <br /> Lender's successors and assigns�has�he r�gh�: �a exerc�se any ar aI1 of�hose interes�s, �ncluding, but no�Iimi�ed <br /> �o, th�right�o foreclose and se���he Praperty; a.nd to take any ac�ion requ�red of Lender including, but nQ� <br /> �imited�o, releas�ng and cance��ng�h�s Security�ns�rument. " <br /> B�RRUWER C4VENANTS�ha�Barr�wer is lawfu�ly seised of�h��state hereby conveyed and has the right to <br /> gran�and canvey�he Property and that the Property�s unencurnbered, except f�r�n�umbrances af recard. <br /> Borrower warran�s and will defend general�y the�i�Ie�o�he Property aga.�ns�a1I c�aims and demands, subj ect to <br /> a.ny encumbran��s of record, <br /> TH�S SE�IIRITY INSTRLTN�ENT c�mbines unifQrm covenan�s f�r na��ona�use and non-uniform <br /> cavenan�s with limi�ed var�a��ans b�jurisdicti�n�o cans�itute a unifarm securi�instrument cflver�ng real <br /> prap�rt�. <br /> Llniform ��Wenants, Borrower and Lender covenan�and agree as fflllows: <br /> '�. Payment of Principa�, Int�rest, Escrow Items, Prepayment Charges, and Late Chargesr Borrower <br /> sha�i pay when due the princ�pa,l of, and interest an, �he deb���idenced by�he Na�e and any prepaymen� <br /> charges and lat�charges due under the Note. Borrflwer shall also pay funds for Escrov���ems pursuan�to <br /> Sec��an 3. Faym�n�s due under the No��ar�d this 5ecur�ty�nstrum�n�shal� be made in U.S. curr�ncy. <br /> H�wever, if any check�r Q�her instrun�ent received by Lender as paymen�under the N��e or this Secur�t� <br /> Ins�rum�n�is returned to Lender unpaid, Lender may requ�re tha�any or all subsequ�n�paym�nts due under <br /> the No�e and this Security Instrumen�be made in one or more of the fallov�ing farms, aas s�lec�ed by Lender: <br /> �a� cash; �b} money arder; �c) cert�fied check, bank check, treasurer's check or ca�hier's �heck, provided any <br /> such�heck�s drawn upan an inst��ution whase deposits are�nsured by a federa� agency, �nstrurnen�a�ity, ar <br /> en�ity; ar(d}E�ectronic Funds Transfer. <br /> Payments are deemed received by Lend�r when receiv�d a��he��ca�i�n designa�ed in the N�te ar a�such <br /> o�her �o�a�ion as may be designa�ed by Lend�r in accordance with�he natice prov�s�ons in Sec�ion 15. <br /> Lender may re�urn any pa�m.en�or par�ial payment rf the paymen�or part�aX paymen�s are�nsuff cxen��a <br /> bring the L�an current. Lender may acc�pt any payment or partial paymen��nsuff c�ent�o br�ng�h�Loan <br /> �urren�, wi�hou�wa�.�er of any rights hereund�r�r pr�judzce�o its rights t�refuse su�h paym�n�or part�al <br /> paym�nts in�he future, but Lender�s no�ob�iga�ed to apply su�h payments at�he t�rn.e such payments are <br /> accep�ed. If each Period�c Payment xs app�ied as af i�s schedu�ed du�date, then Lende�r need no�pay in�eres� <br /> on unapplied funds. Lend�r may hold such unapp��ed funds until B�rro�nrer mal�es payment�o br�ng�he Loan <br /> curren�. �f Borr�wer do�s not do so wi�hin�.reasanable per�ad of��m�, L�nder sha�� either app�y such funds <br /> ar return them to Borrawer. �f na�applied�ariier, suc�funds w�II be applied to�he ou�stand�ng pr�nc�pal <br /> baiance under the Note immed�a�e�y priflr tfl forec�osure. No offse�ar ciaim which Borr�vver might ha�e <br /> now or �n�he future aga�nst Lender shall relxe�e Borrower from mak�ng payments due under the Note and <br /> �h�s Secur�ty Instru�nen�or performing�he cQ�enan�s and agreements secured by this Security�nstrumen�. <br /> aaa��7���� as���7���� <br /> NE6RA5KA-Sing�e Family-Fann�e MaelFreddie M ac UNIF�RM�NSTR�M ENT UIliTH N1 ERS Farm 3�28 1!01 <br /> VMP Q VM P6A(NE�(�3�2} <br /> Wo[ters Kl�w er FinancsaE Services Page 4 of�7 <br />