��14�5�75
<br /> which�urrently ha� fh�address �f �14��IaA,SpN A��
<br /> �Street]
<br /> �RA�I]Y��A.�D , Nebraska G8S43 �"Property A�d��ss"}:
<br /> [���Y� ��ip Code]
<br /> T�7G�THE� W1TH a�� the im�rovernents na�v ar h�rsafter erec��d an the pro�erty, and all �asem�nts
<br /> appurtenances, and f�xtures now �r he�eaffer � part �f the pr�p���y, Alt r�plac�ments and addi#�ons
<br /> shall also be cvvered by th�s Secur�ty Instrum�nt. ►�i� of th� foreg�in� is ref�rred �o �n �his S�cu�it
<br /> fns�rumert�as th�"Property," y
<br /> ��RR�VIIEF� ��VENaNTS tha� �arr�wer is I�wfully s�ised of th��sf��� her�by convey�d and has �he
<br /> righ� ta grant and canvey th� Proper�y and th�t th� Proper�y is unencur�bered, sx�ep� for
<br /> encum�rances �f rec��d, �3orrawer v�rarrants and w�ll defend genera�l� the t�tle fv the Pr�perty aga�nst
<br /> all clalms �nd demar�a�s, subjec���any encumbra�c�s of recor�.
<br /> THIS SECURITY INSTRUMENT c��nbines uniform cover�ants f�r nat�ona� use and nonwuniform
<br /> cavenanfs trvi�h l�mit�d variations �y jur�sd`rc�ion ta cansfitu�e a ut�i�o�m security instrumen� cov�ring rea�
<br /> property.
<br /> uN�Fo�M cov�NA�Y�, Borraw�r and Lender cov�nan�and agre�as fol�aws;
<br /> '�. Paym�n� of Principal, ��terest� ���raw'��ems, Pr�pa�rn�er�� �harges, and L,ata �harges.
<br /> Barrvw�r sha�f pay�vhen du� the pr�nc�pal of, �nd tn�erest on, the debt evidenced by t�e Nvte and an
<br /> �r��aymen# �har�es ar�d la�� c�arges due und�� the No�e. ��rrov�r�� shall al�v a funds fnr �scra y
<br /> l��rns pursuan�to Section 3, F�ayments du� under�h� Na�e and tnis Secur�t � Y �
<br /> y Ins#�ument shall be mad�
<br /> in U,S, currency. Naw�v�r, if any check or a�her �nstrumen� reG�ived by Lender a� payment under the
<br /> �o�e �r th�s Securi�y {nstrument �s returned to Lend�� unpaid, Lender may r�quir� tha� an �r �II
<br /> subs�quen� payments due under th� �vte and this Se�uri# Ins�rumet�� be m�de �n �n� y
<br /> fallnwing forms, �s selec��d b L�nder; a cas � y � . . �� �Q�� °f th�
<br /> , , f Y � } h, �b} maney orde�, �c} c�rti�ied ch�ck, bank check,
<br /> treasur�r s che�k ar cash�e�s che�k, �rov�ded any such �heck is drawn u�vn �n ins�i�u#ior� whas�
<br /> de�osi�s are insu��d by a f�deral agency, instrum�ntal��y, vr entity; or�d} �Iec�ronic Fun�s Yransfer.
<br /> Payments ar� deemed r�ceiv�d by L�nder wher� received at the location d�s�gnated in the N�t� �r
<br /> at such �th�r Ivcativn as may be designat�d by Lend�r in accordance w�th the n�#��e �r�vis�ons �n �
<br /> Se��ian ��, Lend�r rr��y return any payment ar p�r��a� �ayrr�ent if#h� paym$n# ar par�iai paymen�s are
<br /> insufficient to �ring �he Laan current, Lender may ae���t any paym�n# or par�ia� payment insufficl�n� to
<br /> bring fhe L�an current, without waiver of any �ights �e�eunder o� pre�udice �o ��s r��hts to refuse su�h
<br /> �aymet�t o� pa�t��� paymsnts in ��� fu�ure, �u# Len��r Is no� abiig��ed t❑ app�y such payments at �he
<br /> time such paym�nts are ac�ep�ed, �� �ach Per�od�c Payment is �ppl�ed as �f i�s��cn�du��� due date,
<br /> th�n L�nder need n�� �ay fn��r�st on unapplied �un�s, Lender may hold su�h unappl�ed funds un#i�
<br /> Borrawer mak�s paymen� �o bring �he Laan cur�ent. !f Bor�owe� daes n�t do so within a reasvn�bl� '
<br /> pe��od of trm�, Lender shal� e�th�r �pply such �un�s or return th�m to Barrawer. �f n�t ap�li�d e��li�r,
<br /> such funds w�li be applied to �h� oufstanding prin�ipal balance und�r the Note imm�dia�ely ���or �o
<br /> fa��c��sur�. N� a�fset ar �la�m wh�ch Bar�aw�r m�ght �av� now �r in �he f�ture ag�inst L�nder snal�
<br /> reiieve Rorr�wer�from making payments du��under the Not� and this S�c�rity I ns#rument ar perf�rmin
<br /> �he c�v�nan�s and ag�eem�nts s�cured by�h�s 5�cur��y �ns�rumen�. g
<br /> �, Applica�ion of paym�nts �r Pro���ds. Ex�e�t as �therwise d�scribed in th�s S��#ion �, ail
<br /> payments accep��d and app���d �y Lender shall be a��lied in the f�i���rving arder af prior�ty: �a} inter�s�
<br /> due und���h� Note; �b} princi�af �u�under th� Note; �c}amaunfs due under Section 3. Su�h paym�nts
<br /> shall �e ap�lied �v each Peria�ic paymen# �n the o�de� irt�vhich f�b��a�ne du�. Any rema�ning �mounts
<br /> sha�f be appli�d first to lat� ch�rges, se�ond to �ny ath�r�maun�s due unde� th�s 5ecurity lnstrurn�n�
<br /> an� then ta reduce the prinGipal balan�e of th� Not�. '
<br /> If L��der r�c�iv�s a payment from Borr�wer �vr � �e�inQuent Period�c Payment which inclu�es a
<br /> suffic��n� am�unt t� �ay any lat� charge due, the paymen� may be a��li�� fo th� delinqu�nt a ment
<br /> an� the la�� charge. ��mnre than or�e P�r�odic Paymen��s autstar�df n , L�nd�r ma a � � �
<br /> r�ce�ved fr�m Bvrro�ver ta the r�pa ment af �he f�eri�d ic F�a e � ` y p�Y��Y �aYm�nt
<br /> Y �m nt ��, ar�d �a �he ex�ent thatf each
<br /> payment ca� �e ��id in fu�l, To�he ex�ent that any�x�ess ex�sts afte��h� paymen� is applied �o the fUll
<br /> �aymen� of or�e o� mare F�er�ad�c I��yments, such ��cc�ss may be app�ied t� any late charg�s due,
<br /> Voluntary prepaym�nts sh�ll be appli�d f�rst to any prepaym�nt charges and then a� des���be� in tf�e
<br /> Note. . .
<br /> Any app�ication af payments, ins�ranc� proceeds, or M�s���Ianeau� Proceeds ta princ�pai du�
<br /> und�r �he Nate shall no� extend or postpon� tn� ��e da�e, or �han�� tne amaun�, af th� Pe�iad�c
<br /> Paym�r�ts,
<br /> {page 3❑t'1 z}
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