2� 17� 1529
<br /> L[�A�V�:D12'�3'#�i"T
<br /> �vhich curren�ly has�he address a� 3��'U1lainwrig�#,Grand Island,
<br /> �str��t��c�y1
<br /> Nebra�ka fi88�'i („Prvperky l�ddress�}:
<br /> [��p�odej
<br /> T�3GETH ER 11111TH al�th�impro��m�n�s�o�vr hereait�r e�ected on th�praper�ty,and al�ease�ments,
<br /> appurt��ances,ar�d fixtures n�w or�er�after a pa�t fl€the prQperty.AI�r�pla�er�ents and addi�ians shali
<br /> alsa be cove�ed b�1 this Securi�l Instrurnent.A�I�f�h�foregoing is re��rred to in t�is S�c�tr�ty�ns�n�rner�t
<br /> as the"Rroperty."
<br /> B�RR�7INER C�V�NANTS �ha� Borro�rer is [�wf�lly seised of the es'#at� h�rehy conve}��d and
<br /> has the rig�t tv �rant an� c�nWey �he F'r�perty and �haf the Praperty is Ur�en�urr�bered, ex�ept for
<br /> encu�mbrances of recard. Borrawer►�var�ants and w�lf de#en� generaliy the titfe t��he Propert�against
<br /> ail claims and d�mands, subject to any�ncumbran�es of re�ord.
<br /> THIS SE�URITY IN�T'RU1111ENT corr�i�ines unifarrri coWenants f�r natinnal u�e and non�-vni�'orm
<br /> coWenan�s►►�ith�imite�varia�iQns by�ur�sdicfion to eons�i�ute a uniforr�n s�curi�y instr�ment cov�ring r��l
<br /> proper#y.
<br /> UNIF�RM G�VENANTS. Borr�vv�r and Len�e�covenan��nd agree as follaws:
<br /> '�. P�yment v� Pr�n�ipal� In�eres�, Escrow lt�ms, Pre�ayrnent Charges, and La�e�harge�.
<br /> Ba�a�er shali pa�wh�n due th�princip�i of,and int�rest vn,t�e deb�evid�nced�y t�e Not�and an}�
<br /> prep�yment charges and la�e charge� due under�he No�e. E3ar�o�ve��hall alsa pay funds f�r Escraw
<br /> I�ems pursuant ta SeG�i�n 3.paymer�ts due under the Na�e and t�is Secu�ily Instrument shail be m�de in
<br /> U_S.�urrenc�.Haw��ver,if any Che�k or o��er�nstrument received b�Len�er as payment ur�der�he Note
<br /> or�his Secur�t}�Ins�ru�ent is re�u�ned to Lender unpaid, Lender may require tha�any❑r all subs�quent
<br /> �aayrr�en��due underthe Note�nd this 5�curi�y Ir�s�rurnent be rr�ade in one ar r�vr��fthe folfourrin��orms,
<br /> as selected by Lend�r: ��}cash; �b}�rtortey arder: �c}ce�ified check, bank�heck,treasur�r's check�r
<br /> cashier�'s �h�ck, p�avid�d any su�h check is drawn u�vr� an ins#itutiar�wh�se depasits a�e insured by
<br /> a fed�ral agen�y, instrum�ntality,flr ent�ty; ar 4d} Electranic Funds T�ar�s€��.
<br /> Payrr�en�s are deem�d r���ived b� �.ender when re�ei�ed a�the focatian d�signa#�d in �h� N�te
<br /> a�a�sUch other�acatian as may be designa��d by Lender in accvrdance�ri�h the nati�e provisivns in
<br /> S�ct�an 15. Len�er may re�urn any paymen�or part�al pa�trr�ent if the payment ar p�rtiai payment�ar�
<br /> i�sufficier�t to bnng#he Loan cur�ent. Lender may accep�any pa�ment or pa�tia��a�rment insuff cient��
<br /> bring�he L�an �urren�, �vi�houf waive�of any�igh�s her�und�r or pr�judice to its rights�a ref�se suc�
<br /> payr�nen�ar p�rtial pay�ents in#he future,bu�Lender is not obfi�a�ed tv apply such paymen��at the�im�
<br /> such payments ar� a�ce��ed. if each P�r�vdic Payment i�applied as of i�s sch�duled due date, �h�n
<br /> Lender need not pay intere�t�an�napplied funds_Lender may�vld su�h ur�appl�ed f�nds unti�Barr�wer
<br /> makes payt�nent t� bring �he Loan curr�nt. If Borr�w�r does �ot d� so��t�in a reasonable perEod o�
<br /> #im�, L.ender shall ei�her apply suc��unds�r re�urn them�a Bar�a�ver. �f no�appl�ed ear�ier, �u�l�funds
<br /> wi�l be appl��d�o the au�s�an�in�pr�ncip�l balar�c�ur�d�r th�Note immediately prior to far��closure.No
<br /> a�fset�r claim vvh�ch Ba��o�ver migh�have now❑r�n#��fu�ure a�air�st Lender shall reli�:We Ba�rower
<br /> fram making paymen�s due uc�der t�e N�t� and this Securi�y Instrum�nt ar per�a�ming th� cave�ants
<br /> �rtd ag�e�ments�ecured by�his Security�ns�rumen�.
<br /> 2. ►4pplicat�an af Pa�men#s vr�rviceeds. Except as afiher�►rvise d�s�ribed in this �ec�ion �, all
<br /> paymen#s a���pted and applied by Le�der sha�l be appl�ed in�he��I�owing order o�'priority: �a�interest
<br /> du�und�r the Note;�b}p�-incipal du�unde�the No�e;�c�amaunts due under�ection 3.5uch paymen��
<br /> shall be applied�o ea�h P�riodic Payment in�he�rder in�vhich it became due.Any remaining amaunts
<br /> shall be applied first ta�ate cha�ges, second�v ar�y other am�un��due und�r this Se�urit�instrumer�t,
<br /> and t�en ta reduce�he pr�nc�paf balan�e a�the�lo�e,
<br /> 1f Lend�r receirres a paymen�frvm Borrower f�r a delinqt�en� Peri�di� Payment�rvhich inclu€�es a
<br /> s�fficien�amount#o pay any late c�ar���ue,the payment�nay b��ppli�d to�h�delin�uen�paymen�and
<br /> the tate�I�arge.lf more�har�one Period�c Paym�nt is vu�s�and�ng,Lender may apply an}�paym�nt r�ceived
<br /> fror�Bor�oVver�a t�e repaym�nt of�h�P�riad�c Payments if;and to th��x�ent tha�,eac�paymen��an be
<br /> �a�d in�ull.�'a th�extent�hat any exc�ss�xis�s a�ter the�ayment is app�ied to the fu�l payr��n��f one or
<br /> more Periadic Payments,such ex��ss may b�applie��a any la���harg�s due.11alur�ta��r�paymenfs
<br /> sh�ll be appiie�first�o any prep�ym�n�Gh�rge�and t�en a�des�ri�ed in�he Nate.
<br /> Any aRplic�t�ar�of�ayments,insuran�e proceeds,Qr�iscelianeous P�o��eds to principal due under
<br /> the Na�e shall no�e�end ar po��pone the due date, �r ci�ange t��amaun�; of the Periodic Paymer�ts.
<br /> 3. Funds for E��ra�r[tems.8orrower shall�ay t�L�nd�r an t�+e day Per�odie Pa}Iments are due
<br /> ur�d�r the Not�, un�il�he�#ote�s pai�in fUll,a sw���he"Funds"}�o prv��de for payrr�ent af am�unts due
<br /> fi�r:�a}tax�s and assessmen�s and other�tems�h�ch�an a�tain pr�ari�y a►r��t�is�ecuri�y lnstr�ment as
<br /> a[ien�r en�umbran��on�l�e Pr�pe�ty; �b�leasehal�payments or ground ren�s vn#he Pro�erty,if ar��=
<br /> �c}premiUms for any and all insurance requ�r�d�y Len�er ur�der Sect�on 5;and��}Mortgage Insurance
<br /> premi�ms,ifany,v�any sums payable�y Borrowerto Lenderir�I�eu�fthe p�ymentaf Mo�tgage Insu�ance
<br /> premi�ms in acc�rdance w��h the prov�sians of Sr�c�ion 10.These�tems are calied"�scro►r��t�ms."At
<br /> ari��na�ian�r a�any time during the term c�f�he L�an, Lend�r may r�equ�re�hat�ommunity As�acia��o�.
<br /> Dues, Fees,an�As�e��ments,i�any,h��scra�nre��y B��-r�wer,and such�ues,�Fees ar�d assessments
<br /> sha�l be an Escro�r�r Item.Barro�u�rshali prompt�y furn�sh tv L�nder��I n��i�es of amt�unts tv be paid under
<br /> this�e�ctian. Borrawer shal�pa� Lender the Fur�ds f�r Escrow It�ms�nl�ss Len��r►nraives B�rrow�r's
<br /> ololi�ation ta pay th�Funds for any or a[I�scroUv It�rns. Ler��ier m�y wa�v�Bo�r�uver's��ligati�n pa
<br /> I��#ial
<br /> h�EBRASl�A--Single Family--Fann�e 1'1AaelFreddie�Ilac UNIF�RN�INSTRUMENT Form 3��5'I►a'I
<br /> Ellie Mae,lnc. Pag������ NE�DEED D415
<br /> NELJ�]EED�CLS�
<br /> 43I��120"���fi:45 AM PST
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