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201508321
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Last modified
7/21/2017 2:09:10 PM
Creation date
12/9/2015 9:24:11 AM
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DEEDS
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201508321
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2� 15�8321 <br /> which currently has�he address�f: 5�6 E 1Zth St <br /> �Vood R�ver,NEBRASKA�8SS3 �"Fraper�y Address'"}: <br /> T�GETHER W�TH a�� the imp�o�emen�s now or hereafter erected on the property, and all �asemen�s, <br /> appurtenances,and f xtures nav�or hereafter a par�of�he prnpert�y.A��rep�a�ements and add�tians shall a�so be ca�ered <br /> by�this Security�nstrument.A�I of the for�ga�ng�s�eferred to�n�his Security znstrumen�as the"Frope�.y." <br /> B�RR�WER C�VENANTS�hat Borrower is�awfull�seised of the�s�ate hereby canveyed and has the right to <br /> grant and convey the Praperty and tha�the Property is unencum�ered,except for encumbrances of record.B�rrower <br /> vvarran�s and will defend gen�ral�y�he�itle�a the Property agains�a.i�claims and demands,subject to any encumbrances <br /> af record. <br /> THIS SECUR�TY INSTRUMENT combines uniform co�enan�s for nat�ona�use a.nd non�uniform covenants with <br /> limi�ed�ar�a��ons by�urisdict�on�o cons�itu�e a uniform security instrumen�covering real prnperty. <br /> UN�F�RM C�VENANTS.Barrower and Lender covenant and agr�e as foilou�s: <br /> 1.Payrnen�❑f Pr�n�ipa�,Interest,Escrow I�ems,Prepayment Charges,and Late Charges.Borrower shal�pay <br /> when due the principal of,and�nteres�on,the d�b�evidenc�d by the Note and a�y prepayment chaxges and�ate charges <br /> due under the Note.Barrov�er sha��alsa pay funds for Escrow It�ms pursuant to Se��ion 3.Paymen�s due under�he Not� <br /> a.nd this Securi�y �ns�rumen�shal��e made in U.S. currency. How�ver, if any ch�ck ar athe��nstrument r��eived by <br /> Lender as paymen�under the No�e or�his Security Ins�rumen�is returned�o Lender unpaid,Lender may requir�that any <br /> or a�1 subsequent paymen�s due under�h�Not�and this Security Instrument be made�n one or rnor�af�he follov►ring <br /> f�rms,as se�ected by Lender:�a}ca.sh;tb}money order;tG}�ertified check,bank chec�c,treasu�er's check ar cashier's <br /> check, provided any such che�k is drawn upon an institution v�hose deposi�s are insured by a federal agency, <br /> ins�rumentalit�,flr entity;or�d�E���tranic Funds Transfear. <br /> Payments a�re deemed rece�v�d by Lender vsrhen recei�ed at�he Io�ation deszgna�ed in�he Nate or at such other <br /> locat�an as may be designated by Lender in a�cordance u�ith�he nat�ce pro�isions�n Section 1�.Lender may return any <br /> paymen�or partial payment�f the pa�m�nt or par��a�paym�n�s are insuffic�en�ta bring�he Laan current.Lender may <br /> ac�ept any payment ar par�ial paymen�insuf�icien��4 brin��he Loan currerit,wzthou�wa��er of any rights hereunder or <br /> pre�ud�ce ta its r�ghts�a refuse such paymen��r partial payments in�he fu�ure,but Lender�s no��bliga�ed�o a�ply such <br /> payments a��he time such payments are accepted.If�ach Period�c Pa�men��s appli�d as of i�s scheduled due date,�hen <br /> Lender need not pa�interest an unapplied funds.L�nder may hold su�h unapplied funds un�il B�rrower makes paymen� <br /> �a bring�he Loan cr.urent.�f Borrower does not do��vsri�hin a reas�nab��p�riod of time,Lender shall either appi�such <br /> funds or re�urn�hem to Bflrrovver.If no�applied earlier,such funds vvil�be applied ta�he fluts�anding prznc�pal balance <br /> unde��he Note immed�ately prior t�foreclosure.No offset or c�aim v�hich Borrov►rer might ha�e now ar in�he future <br /> aga�ns� Lender shall relieve Barrower fram making payments due unde�r the No�e and �his S�curity �nstrum�nt or <br /> p�rform�ng�he c�venants and agreements secured by this Security�nstrument. <br /> 2.Applicat�on of Payments or Proceeds.Excep�as atherwise descr�bed in�his S��tion�s a��payments accep�ed <br /> and app�ied�y Lender sha�i be app�ied in�he follov�ing order af priar�ty:(a}interest due under�he'Note;�b�prin��pal due <br /> under the No�e;�c}amounts due under Sec��an 3.Such paym�n�s sha��be appl�ed t�each Per�ad�c Payment�n the order <br /> in va�hich it�ecame due.Any remaining amounts shall be applied f rs���late charges,sec�nd ta any o�h�r amoun�s due <br /> under�this Security Ins�rumen�,and then to reduce the principal ba�an�e flf the Nv�e. <br /> If Lender receives a payment from Borrav�er for a deiinquent Periodic Payment which includ�s a sufficien�amount <br /> to pay any la��charge due,the payment rnay be applied�o�he delinquent payment and the lat�charge.If mor�than on� <br /> Peri�dic Paymen� is outs�anding, Lender may appiy an� payment recei�ed firom Borrovver to �he repayment of�h� <br /> Pe�rzadic Payments if,and to the ex�ent th.at,each paymen��an be pard�n fu�l.T�the ex�ent�hat any excess e�ists after <br /> the payment�s appl�ed�o the full payment of one or mare Periadic Paymen�s,such excess may be applied��any la�e <br /> chaxges due.Volun�ary prepayments sha.��be applied fxrst to any prepayment charg�s and�hen as described in the Note. <br /> NEBRASKA-5�r�gle Famiiy-Fannie MaelFreddie Nlac UNIF�RM�NSTRUMENT For 30�8 �IQ� <br /> Page 3�f�3 <br /> �o� ���, gorrower�s}fnitia�s � � � <br /> , <br />
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