2� 15�7737
<br /> Address: 1321 SHERN�AN PL,Grand�sland,Nebraska�88�3
<br /> Legal I]escription: L�]T 1I, BL���. 1, �MPER�AL 'V�L.I�AGE S�UBDIV�57QN, �IT� C�F
<br /> GRAI�T)YSLAND,HAL�.��UNTY�N�BRA�KA.
<br /> Parce�I�ISidwel�Numbex:4���47 I S7
<br /> ("Praperty Address"�.
<br /> T�GETHE� WITH a�� �h� improvements, �ow, or Y��reafter erected on �he prap�i-ty, a.n� a11 easemen�s,
<br /> a�purtenances, and fi��ures now ar hereafter a p� af the prop�r�y. AiI rep�acemen�s and additions sha1� also be
<br /> co�er�d �by th�s Securi�r �ns�rument. A11 of the faregoin�; �s referred to in this Security �nstrumen� as th�
<br /> "Proper�y." Borra�er understands and agrees �ha� MERS holds on�y 1ega1 �i��� to th� in�eres�s gran��d hy
<br /> Barrower in this Securi� Instrumen�, but, if necessary to �Ump�y �i�h law or cus�am, MERS �as naminee f�r
<br /> �ender and Lender's succ�ssors anc�assigns} has t�ie r�gh�: �o ex�rcise any or aIl of thase inter�s�s, ��.cluding, bu�
<br /> I1p$�IIT�I��C��C)a �h�right�o f�rec�ase and se�� �he Froperty; a.�d to take an�r aG�ian r�quire�of LeMd�r includin�,but
<br /> �ot limi�ed�c�,releasing and can���ing this Security�nstrumen�.
<br /> �3�RRU�]LTER��]VENANTS �hat Borro�ver is Iav�r��ly��ised of�he estate he�eb�r con�eyed and has the r�ght to
<br /> �xan� and convey the Proper�y a�d �ha� the �'�a��z ty is unencu.mbered, cxcept fa� encumbrances of r�cord.
<br /> Borro�uer v�ar�an�s and wil� d�fend genera��y �he �itle �o the Property against a�� claims and demands, subjec��o
<br /> any encumbrances of record.
<br /> T�3IS SEC�CJRITY INSTRCJMENT cvrnbiries unif�rm c�venan�s far nationa�u��and non-unif�rm co�en�.nts with
<br /> �imited varia�ians by jurisdic�i�n�o�ons�itute a�xniform secur��y iris�rument co��rxng r�al properry.
<br /> �JNIF�RM CU'V'�NANTS.Bvrraw�r and L.�nder c�venant and�.gree as fo�lows:
<br /> 1. Payment of Principal,Interest, �sc�ow�tem��Prepayment Charges�and Late Char�es.B�rrower
<br /> sh�.11 pay when due the princi�a� t�f, and in�erest on� th� deb�e��de�ced by�he Na�e and�a�e charges
<br /> du� under the Na�e, �arrawer �ha�l a�so pa� fund� far Escra� �tems pursuant ta SeGtic�fl 3. Payxnents
<br /> due under the Note and this ��curity �ns�rur�ae�.t shall be made iM U.S. currency. Hov�e�er, if any
<br /> check ar a�h�r ins�rum�nt rec�i�ed by�ender as payment under th�����or this Securit,y�nstru.men�is
<br /> r�turned�o Lend�r unpaid,Lender may require�hat a.n�ar a��subsequen�payments due under�he Note
<br /> and�his Security Ins�rum�n�be made�n orie flr mare�f the fol�o�ving fc�rms,as s�lect�d by Lender: �a�
<br /> casha (b} mon�y ord�r� �c� certified check, bank check, �r�a5urer's cheG�.ar�as�ier's Gheck, proui�ed
<br /> an�r such ch�ck is dra�vn upan a� institu��an �irh�se dep�si�s are insured b� a federal agency,
<br /> ins�rumen�ality,or entity;or�d�E�e�tronic�'un�s Transfer.
<br /> �ayments are dcem�d recei�ed by Lender�vh�n rec�x�ed a� the IQca�xon c�es�gnate�. in �he No�e c�r. a�
<br /> such other 1�catzo� as may be designated by Lenc��r in accordance with the no�i�e provisions in
<br /> ��ctiiQ�. 15. Lender rnay r��urn any payment or�artial paymen�if th�payment or partia�paym���s a.re
<br /> insuffici�nt�o brin��he Laan curr�nt. Lender may accept any payment ar par�ia�paym�nt�nsuffcient
<br /> tc� br�ng �he �oan current, �vi�hQut v�raiver of any ri�hts hereund�r ar prejudice t� i�s r��h�s to refus�
<br /> su�h payment or par��al paymen�s �n��ie future,bu�Lender is n�t ab�iga�ed�o apply su�h pa�ments a�
<br /> thG�irrY� such paymcr��s are accepted. rf each Feriodic Pa�men�zs �.pplied as of i�s schedul�c�due date,
<br /> th�n Lender need no� pay interest on �nap�plied funds. Lender may hold such unappli�d funds �n�il
<br /> �3orrov�er makes pa�men� �o brin� �he Loan curren�. �f Borrov�er does na� do s� �v��hi� a reasonable
<br /> period of time, ��nder shall�i�her apply such funds or r�turn�hcm to Borxower. �f not appli�d earli�r,
<br /> such funds �nril� �e app�x�d to the auts�anding principal balance under the Note ammediate�y prior�o
<br /> ��re�losure. No �ff��t or c�aim whieh Borro�nrer migh�hav�now or in the future against Lender shall
<br /> r��ie�e Borro�ver frvm ma�ing payments du� under the N�te and �his Se�ur�ty �ns�rument o�
<br /> p�rfc�rmYng the covenan�s and agreem�n�s secur�d by�hrs Secur�ty�nstrument.
<br /> Z. App�icatiQn of Paym�nts vr Prv�eeds. Except as �thervvise des�ribed in this 5�c�i�n�, all payn�.�n�s
<br /> a�cep�ed and app�ied by Len�er sha��be applied in�he f���o�rin�order of priority:
<br /> NEBRA�SKA-Single�'amity-FHA UNIFURM INSTRU?NE1VT �� Re�.9115
<br /> C��D�4-2�I S Cvm�aliance Systems,Inc.6�i4d�bQ4-ab�'8f�29-2dI5.]],3.��7fi ...
<br /> Single Family Rea�Estat�-Securi�ty]nstr-rxment DL20�7 Page 3 Qf 1� A (� ��`� � � www.cornp�ian�esyst�t�s.com
<br /> �.��`I��"' �
<br /> � a
<br /> �
<br /> �1 °i� ':� `':`;' '' �: ;�I� �::;� `�!!� � .��'; ;�I `;'fI ���I `� ' ;I� ; `;, ;; ;` '
<br /> '�II �1 ,,:�.r� E, sl I�i �:::' �:'.i; `; ; ::i E.1�I f'�� ;;: ;:::;; i I i i�i�I i I ;
<br /> �:;l �;� :::;!��� !;:i �!:::' ';':: :: �' '�` :'::`: i�'� `€: ;� � ':::���� '•
<br /> E���:Ik�.i li���a{�����,���,�li�����,����I��E�.�����<<���I:�i�I i�I����111����;��EI��=ll,i��I.,��������I I!!1,:�;�ll��fa��l��.����1:1::���1���l�fl����
<br /> � o � 2 a 4 7 — 8 8 Q 1 7 8 � �b 8 — i 1 D 2 � 5 — 7 1 D 5 -- A N p E � R 4 2 *
<br />
|