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��14�5977 Pa rcel i D N u m ber: 4��4 7�17� vvhich current�y has the address of �-119 Uermont �ve ��st�eet� . �r a�n d I s 1�n d [C�ty�, Nebraska 6 S$�3 ��a�CodQ� �"Proper�y Address"}: T��'r�THER WITH al1 th� improvements no�or hereafter erected on the property, and a�1 easements, appurtenanc�s,and�xtures now ar hereaft�r a part af the property. All replacements and additians shall alsa be cot�ered by this Securit�Instrument.A11 of the foregoing is referred to�n this�ecur�ty�ns�rument as the "Property." Borroti�er understands�nd agrees that MERS ho�ds only Ie�al ti��e t�the interest granted Uy Borrower in this Securi�y Instrument,but, if n�cessary to comply with lavv or custom,MERS(as nominee for Lender and Lender's successors ant�ass�gns�has the right: to exerc�se any or a��of those interes�s,including,but not limited to,the right to fareclose and se11 the Property; and to�ake any action required of Lender ine�uding,but not limited to,re�eas�ng and cancelir�g this Security Instrument. B�R.RQWER C��ENANTS that Borrower is 1a�vfully seised of�h�estate hereb�con�eyed and has the r�ght ta grant and conve�the PrQperty and that the Propert�is unencumbered, except for encumbrances of record. Borro�ver warrants and wil�defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. TH�S SECL7RITY INSTRUME�TT com.bines unifarm eovenants for nati�nal use and non-unifarm covenants wYth��mi�ed variations by jurisd�ction ta constYtute a uniform�ecurity instrume�.t co�ering reat praperty. uniform�vvenants,�arrower and Lender co�enant ar�d agree as�'ollo�s: 1. Payment of Principal,lnterest, Escr�ow ltems, Pr�paymentCharges,and Late�harges.Barrower sha�l pay«hen due the princi�al of,and interest an, the deb�e�idenced by�he No�e and any prepayment charges an��ate charges due under the Note. Borrawer shal�a�so pay funds for Escro�u Items pursuant to Section 3. Payments due under the Note and this 5ecurity Instrument sha��be made in U.S, currency. However, if any check or ather instrument received by Lender as payment under the Note or this Security � . Instrument is returned to L�nder unpaid,Lender may requrre that any or a��subsequent payments due un�ler �he Note a�ad this Security Instrument be made in one or more of the fol�o�ing forms,as selected by Lend�r: �a)cash; �b}money order; (c�certifed check,bank checl�,treasurer's check or cashier's check,pra�ided any such check is drawn upon an institutian whase deposits are insured b�a federal agency, instrumenta.lity,or entity;or�d}Electronic Funds Transfer. Payments are deemed received by Lender when rece��ed at the location designated in the No�e or at such other l�catian as may be designated by Lender in accordance with the notice pzo�isions in Section �5, Lender may r�turn any payrnent or par�ial payment if�he paym�nt or partial payments are insuff��ent to brin�the I�oan current. L�nder may accep�any payment or partial payment insufficient to bring the Laan current,�ithout wa��er of any rights hereunder or prejudice to �ts r�ghts to refuse suGh payment or partial payme�ts i�the future,but Len�d��is n�t obligated to appt�such pa�ments at the tir�e such payments a�e accegted. �f each Periodic Fa}rment is applied as of its scheduled due date,then L�nder need not pa��nterest on unap�lied funds. Lender may hold such unapplied funds until Borro�er ma�es paym�n�to bring the Loan curren�. Yf Borrower do�s not do so wi�hin a reasonable period af time, Lender�hall either apply such funds or re�urr�.them to Borrow�r. I�'not appl�ed earlier, suc�i funds will be applied to the outstanding principa� balance under the Note immediateiy prior to foreclosure.No offset ar claim which Borr�wer might have naw or�n the future against Lender shall relxe�e Borrower from making payments due under the Na�e and this Securit�instrument ar p�rforming the covenants a�ad agreements secured by this Security�nstrument. _ �`�r5 NEBRASKA-5ingle Fam�ly Fannie MselFreddEe Mac LJNIFQRM�N5TRl1MENT WITH MERS Form 3028 1iQ� VMP C� VMPfiA[NE}(13a2}.40 Wolters K�uwer Financial Services Page 4 af 17 q�333Q4397z5 ��33 z75 �417