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��14�1557 P�r�e� �D Number: 404�DS37S which currentl� has the address af 1�15 S pLUM ST {Street�� GRAND ISLAND �City�, Nebraslca 68$�1-8�123 {�ip Code} ("Property Address"}: T��ETHER WITH a�] the irnprv�ements novv ar hereaft�r erected on the property, and al� easement�, appurt�nances, and fixtures now ar her�after a part of the property. All replacements and additions shail aisa be eavered by this Security Instxument. All of the forego�ng is referred to in �his Securi�y Instrumen� as the "Property." Borrower understands and agrees tha�MERS hol.ds only 1ega1 title t� the interest granted by BQrrower xn this Security Ir��trument, but, if necessary to eomp�y �vith law ar custom, MERS �as naminee far Lender and Lender's succes5ors and assigns} has the right: to exercise any or al1 of those interests, including, but not Iimited to, the right to foreclose and sell �he Prapert}�; and ta �ake any actian requ�red �f Lender including, but not lim�ted�o, r�leasin�and canceling this Security Instrument. BDRR�WER GaVENANTS that Borrflwer is Iawfully seised af the estate her�b� conveyed and has the right to grant and c�n�ey the Frop�rty and that the Property is unencumbered, except for encumbrances af record. Borrawer vvarrants and �vil� defend generally the title to �he Pr�pert� against a11 claims and demands, subject t� any encumbrances of record. THIS SECURITY INSTRZJMENT eam�ines unif�rm co�enants far nat�ona� use and non-uniform co�enants w�th lim�ted�ariations by jurisdi�tion to cons�i�u�e a unifarm security�.nstrument�o�ering real pr�perty. Uniform Co�enants. Borrawer and Lender eo�enant and agree as fal�vws: 1. Payment af Principal� Interest, Escrvw Items, Prepayment Charges, and Late Charges. Borrower sha�� pay vvhen due the principal of, and interest on, the deht ��iden�ed by the Note and any prepayment eharges and �ate charges du� und�r �he Nvte. Borrower sha�l also pay funds for E�craw Items pursuant to Sec�xon 3. Payments due under the No�� anc� th�s Security Instrument shal� be made in iJ.S. currency. Howe�er, if any check or other ins�rument rece��ed b� Lender as payment under the Na�e vr this Security Instrurnent is returned to Lend�r unpa�d, Lender may require that an� ar a�l �ubsequent payments due under the Note and this Security Instrument he made in one or mare of the follav�ing farms, as selected l�y Lender: (a}ca�h; (b} money�rder; (c}c�rti�ed che�k, bank check, treasurer's check or cashier`s check, pro�idea any such check is drawn upan an institutian whose d�p�sits are �nsur�d by a federal agenc�, instruum�nta�ity, or en�ity; or �d��l�ctronic Funds Transf�r. Payments are deemed received by Lender when rec�ived at the l�cation designated in the N'ote or at such ather loGati�n as may be des�.gnated by Lender in accordance w�th the notice provisivns in Secti.an 15. Lender may return any pa�ment or partial payment if the payn�ent or partiai payments are insufficient to bring the Loan eurrent. Lender may accept any payment ar partia.� payment insuf�cient to bring the Loan current, �vithout wai�er of any righ�s hereunder ar prejudice to its r�.gh�s to refuse such payment or partial payments in �he future, bu� Lender �s n�t abliga�ed to apply such payrr�ents at the time such payments are accepted. If each Periad�c Payment is app�ied as o�its scheduled due date, then Lender need nat pay interest an unappli�d funds. Lender may hv�d such unapp�ied funds until BarrQwer makes payment to bring the Loan current. If Barrc�wer dves not do sa �nrith�n a reasonable periad af time, Lender sha�� ither apply such funds or return th�m to Borr�wer. If not applied ea�rlier, such funds will be applied to the outstanding principal balance under the No�e immediately prior to foreclosure. Na offse� or c�a�.m which Borrower might ha�e nvw or in �he future against Lender s�aall relie�e Borrav�er fram maki.ng payments �ue u�der the Na�e and this Security Instrument or perfarming the covenants and agreem�nts secured by this Securi�y�nstrument. 401 i 238fifi�94 (0011�3866994] NEBRASKA-Single Family-Fanni�MaelFreddie Mac ClNIF�RM INSTRIJMENT VII�TH MERS Form 30�8 1101 WMP p VMP6A�NEy��30�}.Qp Wolters I�luwer Fr�ancial Ser►�ices Page 4 of 1?