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201502553 and conveys to Trustee, in trust, with power of sale, the following described property located in the County of Hall,State of Nebraska: Address: 4525 W Capital E�ve, Grand Island,Nebrask�68803 Legal Description: The East Half of the North Half of the West Half of the Northeast Quarter of Section 10,Township 11,lvorth,Range 10 West of the 6th P.M..,Hall County Nebraska Parcel ID/Sidwell Number:400247585 TOGETHER WITH all the iniprovements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the praperty. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. Borrower and Lender covenant a�id agree as follows: Payment of Principal and Interest; Other Charges.Borrower shall promptly pay when due the principal of and interest on the debt owed under ttie Contract and late charges or any other fees and charges due under the Contract. Applicable Law. As used in tl-iis Securiry Instrument, the term "Applicable Law" shall mean all controlling applieable federal, state and local statutes, reb lations, ordinances and administrative rt�les and orders (that have the ePlect of law) as well as all applicable final,non-appealable judicial opinions. Charges; Liens. Borrower shaL� pay all taxes, assessmeuts, charges, fines and impositions attributable to the Property which may attain priori�ty over this Security Instrument, and leasehold payments or ground rents, if any. At the request of Lender,Borrower shall promptly fiirnish�o Letlder receipts evidencing the payments. Borrower sh111 promptly dischar;;e any lien which has priority over this Sec�u-ity Instruinent unless Borrower: (a) agrees in writing to the payment of the obligation secured 1'oy the lien in a manner aeceptable to Lender; (b) contests in good faith the lien by, or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the enforcement of the lien; or (c� sect�res from the holder of the lien an agreement satisfactory to Lender subordinating the lien Co this Security Instrumen[. If Lender determines that any part of the Property is subject to a lien which may attain priority over ttiis Security Instrument, Lender may give Borrower a notice identifying the lien. Borrower shall satisfy the lien or take one or more of the actions set forth above within 10 days of the giving of notice. Hazard or Property Insurance, Borrower shall keep the im��rovements now e;cisting or hereafter erected on the Property insured against loss by fire,hazards included within fhe term"extended coverage" and any other hazards, including floods or flooding, for which Lender requires insurance. Tkais insurance shall be maintained in the amounts and for the periods that 1Letlder requires.The inst�rance carrier p:roviding the insurance shall be chosen by Borrower subject to Lender's approval which sha11 not be unreasonably withheld. If Borrower f�ils to maintain coverage described above, Lender may, at Lender's option, obtain coverage to protect Lender's rights in the Property in accordance with section titled Protection of Lendi�r's Rights in the Property. All insurance policies and renew�als shall be acceptable to Lender and shall include a standard mortgage clause. Lender shall have the right to holld the policies and renewals. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premi�uns and renewal notices. In 1:he event o:f loss, Borrower shall give prompt notice to the insurance carrier and Lender.Lender may make proof of loss if not made promptly by Botrower. Unless Lender and Borrower ot:herwise agree in writing, insurance praceeds shall be applied to restoration or repair of the Property dama;ed, if, in Lender's sole discretion, the restar�tion ox repair is economically feasible and Lender's security is not lesse;ned. II', in Lender's sole discretion, the restaration or repair is not economically feasible or Lender's security woul.d be lessened,the insurance proceeds shall be applied to the sums secured by this �3004-2014 Compliance Systems,Inc.4953-60C1-2013L23.L303 Consumer ReaL Lstate-Security instrument DL2436 Paec 2 af 7 www.compliuncesystems.com