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2� 1 ��87 v�hich cur�en�iy has the ad�ress of: 111�V 22nd St Grand Islandy NEBRA.SKA 688D1 �"Proper�y Address"}: T��ETHER ,W�TH a11 the xmprovements now or hereafter erected �n the proper�ty, and ail easemen�s, appur�enances,and fix�ures now or hereafter a part of�he prapex�r.AI1 replacemen�s and additians shall alsa be ca�ered by th�s Security�nstrument.Al�af the faregoing is referred to in�his S�curity Instrument as the"Property." B�RR�WER��VENANTS tha�Borrower is�awfully seised af�he estate hereb�conveyed and has the right�o gran�and canv�y�he Pr�perty and tha�the Praperty is unencunabered,except for ex�cumbranc�s�f record.Bo�rrower wa�rants and wi�l defend generaily the t�t��o�he Property agains�all ciaims and demands,subj ect t�any encumbrances of recard. TH�S SECURITY�NSTRUMENT con�b�n�s uniform cov�nan�s for nationai use and nan-unifarm covenants wi�h ii�nited�ariations by jurisdic�ion to cons��u�e a unif�rm sec�r��y ins�rument co�ering r�al praperty. UN�F�RM��VENANTS.Borrowe�r and Lender covenant and agree as fol�ov►ls: 1.Payment�f Pr�n��pal,Interest,Escr�w�tems,Prepayment Charges,and Late Charges.Bor�awer shall pay vvheri due the principal af,and in�erest on,�he debt ev�denced by th�Note and any prepayment chaxges a.n.d�a��charges due under the Note.�orrower sha�X als�pay funds f�r Escrov�r�tems pursuant to Section 3.Faymen�s due under�he No�e and this Security Ins�rumen�shail be made in�,5. currency.�ovvever, if any check ar o�her ins�rument recei�ed by Lender as payment under�he No�e ar�his Securi�y�nstrument is re�urned�o Lender unpaid,Lender may require that any or all subsequent payments du�under the Note and this Security Instrument be made in one or more flf the foilowing formsy as selec��d by Lend�r:(a}cash;(b�maney�rder;(c}certified che�k,bank check,treasurer's check�r cashi�r's check, pra�ided any such check is drawn upan an ins�itution �has� deposits are insured by a federa� agen�y, instrumenta�i�y,or ent��y;or�d}Electron�c Funds Transfer. Paymen�ts axe deemed received by Lender when receiv�d a�the location designated in�he Note or at such other �ocation as may be designated by Lender in accflrdance vvi�h�he natice provisi�ns in Sectian�I5.Lender may re�urn any paymen�ar par�iai payment if the payment ar par�ial payme��s are insuff ci�nt�a bring the Loan cur�ent.Lender�nay accep�any payment flr partial payment insuffzcient�a bring the Loan curren�,without wai�er of any rights her�under or prejudic�to�ts r�ghts�o refuse such paymen�or paxt�al paymen�s.in th�fu�ure,but Lender is not�b��gated�o ap�ly such paymen�s a��he time such�aymen�s are accepted.If each Perxfld�c Payment�s applied as of�ts scheduled due date,�hen Lender need not pay inte�est�n unappl�ed funds.Lender ma�ho�d su�h unapp�ied funds un�i�Borrow�r makes payment to bring the Loan curren�,zf Borrawer d�es not do so�v�rithin a reasonabl�period af time,Lender shali either app�y such funds or re�urn them to Borrower.If no�applied earlier,such funds�rrill be applied to�he ou�s�anding principal balance under the Note immedia�ely prior to fore�Iosure.N��ffset�r cla�m vvhich Borrovver might have now ar�n the future abains� Lende� shall reli�ve Borrower from making paymen�s due under the N'ate and this Security �nstrument �r �erform�ng the co�enan�s a,nd agreemen�s se�ured by this S�cur�i�y Ins�rumen�. �.Application Qf Payments Qr Proc�ed�.Excep�as otherv�rise ti�scril�ed in this S�ction Z,ail payments accep�ed and applied by Lender sha�l be applied in the fol�owing order of priarity:�a�interest due under the Note;�b�principal due unde�r the No�e;�c}amounts due under Section 3.Such payments shall be applied�o each Per�odlc Payxnent in the order in which i�beca�ne due.Any remaining amounts shal��e app�ied first�o late charges,secand ta any ather amounts due under this Security�nstrumen�,and then t�r�duc�the pr�ncipal�aa�ance�f the Na��. �f Lender rece�ves a payment from Barrovver for a delinquen�Periodic Paymen�which include�a sufficient amount to�ay any late charge due,th�payment may be appiied to the delinquen�payment and�he late charge.�f mare than one Pe�i�dic Payment is ou�stand�ng, Lend�r may apply any payment r�ceived from B�rrawer�a the repayment of the Periodic Paymen�s�f,and�o�he extent that,each paymen�can be pa.�d�n fu11.Ta the exten�t that any excess exists after �he paym�nt is applied ta the full paymen��f vne or m�re P�riodic Paymen�s,such e�cess may be applied to any late charges due.Voiu.ntary prepaynr��n�s sha�i be applied frst to any prepaymen�charges and then as described�n the Note. NEBRASKA-SEngl�Fam�1y-Fannie Mae�Fredd�e Mac UN�F�RM INSTRUMENT Form a28 �4� Page3o��3 �os,�nc, B�rrawer�s}�nitia�s