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��14��5�9 <br /> Parce� I❑ N umber: 40�1�8545 which curre��tly has�he address of <br /> 1�2��SHER�DAN AVE (►S�r��t) <br /> Gr�.nd �s 1 and ��'it}�}, Nebraska 688D3 �Z'ip�'ode) <br /> �"Property Address"}: <br /> T[]GETHER�VLTITH aII the impr��em�nts now�r hereafte�ere�ted on t��e praperty, and aIl �asem�nts, <br /> appur�enances, and fxtur�� ���w ar hereafter a pa�t of�he p�•ope�•�}r. All �•eplacemen�s and additions shail als�be <br /> �o�ered by this Security�ns�rumei�t. All of t��e fo�-��;o�ng is refez�t�ed�o it�this Securi�y I��s�rument as the <br /> "Praper�y." Bor�•owe�-understa��ds and agrees tha�MERS ho�ds o��ly Iegai tr�Ie to the�nterest granted by Borr�wer <br /> in�h�s Secu�•ity Inst�-ument, bu�, if necessary�o camp�y w��h lav�or cu�tom, MERS(as nominee for Lender and <br /> Lender's successors and assig��s}has the righ�: �a exercise an}�❑r all �f�hose in��rest5, including, but na�l�m�ted <br /> �o, the rig��t to fareclose a��d sell tlle P�-�per�y; a�-�d to take any action required of Lende�• i��cluding, but not <br /> �Xmi�ed to, �•e�easing and canceling�his 5eeuri�y Instrumen�. <br /> B�RRU�ER�C]VENANTS�hat Bo�•rower is]awfu�I�seised of the es�ate��e�•eby�onveyed and has the right�o <br /> grant and con�ey�he Property and t43a�the Property is une�lcumbered; ex�ep�for eneumbra��ces�f record: <br /> Borrov�er�arrants a��d vvill defend�enerally the title to�l�e Fraperty again5�all claims a��d demands, sub�ect to <br /> any encumbrances of recard. <br /> TH�S SECUR�TY INSTRUMENT cambines unifaf•m cavenan�s�Cfl�•na�i�nal use and non-unif��•m <br /> cove�ants v�rith �i mi�e�vaxi ati o��s by�ur�sdi cti on to cons�i�u�e a u��i f�rm security i�-�strumen�caveri n�;real <br /> property. <br /> U n ifarm Co�enants� Lorrovver and Lender co�enan�and agree as follows: <br /> �I. Payment of Prin��paf, fn#erest, Escr�w Items, Prepayment Charges, and Late Gharges. Barrower <br /> sha�i pay when due�he principal af, and in�erest an, the deb�e�idernced by�he Note and any pre�ayment <br /> charges and late char�es due under the Na�e. Borra,wer shall alsfl pay funds for Escro�w�terns pursua��t to <br /> Sec��o��3. Payments due under�he Not�and this 5ecurity�nstru�ne�lt shall be made in IJ.S. cux•rency. <br /> Howe�rer•, i f any check or��her i nstrument r�ceived by Lende�•as payment under the No�e or�h�s Securit�r <br /> i��strum�nt is retux•ned�o Lender unpaid, Lender may t•equ�t�e tha�a��y or aIl subseyue����a�ments due und�r <br /> the No�e and t��i s Security Y��s�rumen�be made i n�ne ar•rnore af tl�e foi l o�v�x�g far�ns, as sel ected by L�nde�-: <br /> �a� cash; (b�money�rd�i•; �c}�ertified check, bank checl�, ��-easurer's checl�o�cashier's check, provided any <br /> such check is d�awn upo��an insti�u�ion vvhase depo�i��are in�ured by a federal agen�y, instrumen�aXi�y, ar <br /> �nxi�y; ar�d}E�ec�ronic Funds T�ransfer. <br /> Payrnents a�e deerned rec�i�ed by Lender wh�n t•eceived a�the lacation designated in�he Not�❑r at such <br /> a�her�ocatiion as may be designated by I�ender in accordance with�he natice p�•ovisions in Section 15, <br /> Lender may retu�•�� any paymen�or part�al payrn�nt xf the paymen�or partial payments are�nsuff cier�t to <br /> bring the Loa�a curret��.. Lender ma}�accep�a��y payrne��t or partia� paym�r�t insuff cien#�o bring the Loan <br /> curren�, wi�hout v�rai�rer of any�•ights he�eunder or prejudice�o i�s rights�o refuse such payment or par��a� <br /> payments in t��e future, but Le��der is�lot o���ga�ed to apply such pay�nents at the�ime such payments are <br /> accepted. If each Pei•iod�c Paymen�t rs applied as af i�s scheduled due da�e, t1�en Lender need��ot pa}�in�eres� <br /> on unapplied funds. Lender may hald such unapplied funds unti� Borra�e�-makes paymen�to br�ng the Loan <br /> curren�. Tf Barrow�r does na�do sa wi�h�n a reasana�al�period c�f time, Ler�der sha�l e��her apply such funds <br /> or�re�urn t��em tfl Bo�•rowe�•. If n�t applied ear�i�r, suc��funds wil� be app�i�d�o the flutstanding principai <br /> balan��under the Note immedia�ely priar t�fo�•eclosur�. No affset o�� claim which Barrower m��ht hav� <br /> novv or in the fu�ure a�;ainst Lender s�al� reli��e Barrov�r��•from making paymen�s due under t��e Nnte and <br /> � this Secu���y Ynst�ument or p�rfQrmit�g th�co�renants and agreements secu�ed by�his Security���s�rumei��. <br /> 880�58'i078 �J'��� 88Q1583�78 <br /> NEBRASKA-Single Fami{y-�annie MaeJ�'reddie Mac 13N3F�RM INSTF�UMENT WiTH M�RS Farm 3a28�l01 <br /> W�P��� VM P6A�NE���3�2} <br /> Vlla##ers�tiuw�r Financiai Services P�ge 4 of�7 <br />