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2� 17� 1 �59
<br /> which currently has the address of 437'E Loup Ri�er Rd,Saint Libvry,
<br /> �street](C�tvl
<br /> Nebraska S887Z �"Property Address"3:
<br /> [Zip Co�e]
<br /> TDGETHER 1f�11TH a�l#he imp�o�ements now or hereaf�e�ere�#ed on the prope�ty,and all easemen#s,
<br /> appurtenanGes,and fixtures naw vr hereafter a pa�a�the proper�y.All repiacements and addi�€ons shal!
<br /> alsv be�v�er�d by this Security Instrument.AI!of�he foregving is referred to in�his Secu�ity Instrument
<br /> as�he"Prvpe�y.'�
<br /> BDRROV�IER C�VENANTS that Borrovv�r is lawfully seised �f the estate herehy con�eyed and
<br /> has �he righ�tv grant and convey the P�ape�fy and tha�the Property is unencum�ered, exc�pt for
<br /> encum�rances of recard.Bvrrvwer warrants and w��l defend g�neral�y the title�v the Praperty against
<br /> a[l claims and demands,su���ct to any encumbrances of recvrd.
<br /> THIS SECURITY IhlSTRUMENT combines uniform cavenants fQr nationa� use and non-unifvrm
<br /> c��enants►nrith�imited variativns by jurisdicfian to cons�itute a uniform s�cu�ity instrument co�ering real
<br /> p�ap�rty.
<br /> UNIF�RM COVENANTS.Barrow�r and Lende�covenant and agree as follows:
<br /> 7. Pa�tment o�Princ�pal, In�erest,Escrovv It�ms, Prepayment Charges,and Late Ch�rges.
<br /> Borrower shall pay v+ihett due the principal of,and in#eres�on,the debt evider7ced by the Nate and any
<br /> prepayment cha�g�s and late charges due under t�e Note.Barrower shaLl also pay funds far Escraw
<br /> Items pursuant to 5ec�ian 3.Paymen�s due und�;r the Nvte and th�s Sec�rity(nstrument sha�l be made in
<br /> U.S.currency.Howeve�,if any c��eck o�othe�instrument receiWed by Lende�as paymen��nder th�Nnte
<br /> or this Se�urity Instrument i�returned ta Lender unpaid,Lender may require that any or all subsequent
<br /> paym�nts due unde�the Not�and tfiis Sec�rity instrurnen�be made fn ane or more af the following forms,
<br /> as se�ected by Lender:�a}cash;�b}maney vrder;�c}certifed check,bank check,treasurer's check or
<br /> �ashiet�'s check,p����d�d any such check is drawn upvn an�nsti�utian vvhase depvsi�s are insured by
<br /> a federal agency,instrumen�ality,ar entity;or�d3 E�ectronic Funds Trans�er.
<br /> �'aymen#s are deemed recei�ed by Lender wh�n rec�ived at fhe lo�ation designa#ed in the Note
<br /> vr a#su�h ofher�ocatian as may be designated by Lender in a��ordance with the not�ce p�o�isivns in
<br /> Secti�n 15.Lend�r may re#urn any paymen#ar par�ial payment�f the payment ar partia!payrnen�s ar�
<br /> insuffic��nt ta br€ng the Loan curren�.Lender may acc�p�any paymen#or�ar��al payment�nsufficient to
<br /> bring the Laan current,withou#v+raiver o�any rights hereunde�r or pre�udsce to�ts rights to refuse su�h
<br /> �ayment a�pa�fiai payments in the�uture,but Lender is nat ab�igated ta app{y such paymen�s at th�time
<br /> such payments are accepted. If each P��iadi�Payment is appl�ed as a�i�s s�h�duled due da�e,then
<br /> ��:nder need n�t pay interes#on unappiied funds.L�nder may ho�d such ut�appli�d funds untii Barrowe�
<br /> makes payment to bring th� Lflan cur�ent. �f Sarrower does nv�dv sn vvith�n a reasonable per�ad v'�
<br /> time,Lender shall either apply such funds or refurn them ta Borrvwer.lf nat applied ea�f€er,SUCh�[JnC�S
<br /> wi�l b�applied ta the autstanding principai baiance under the Note�rnmedia#ely prior to fnreclosure.No
<br /> vffset or claim�rvhich Bor��wer migh�fia�e n�v�or in the future agains�Lender shail re�i�ve Bor�-o�ver
<br /> fram making paym�nts due und�r the Note and th�s Secur€ty 1ns�rument�r perfo�rming fhe co�enants
<br /> and agre�men#s secured by#his SeGurity instrument.
<br /> �. �4p�tica��an�f Payments or Proceeds.Exc�pt as o#h�rwise described in th�s Secfion 2,aIl
<br /> payments accepted and appl�ed by L�nde�sha�l be app�ied in the foliawit�g arder a€privrit}�:�a}inter�s�
<br /> due under�he Note;�b}pr€ncipaf due under the No�e;�c}amounts due under Section 3.5uch payments
<br /> sha��t�e app�i�d t�each Periodic Paym�nt in t�e o�der in which it became du�.Any remain�ng am�unts
<br /> shal��e appiied f�rst�0 late charges,second to any afher amflunts due under this Security�nstrurnent,
<br /> and�hsn ta reduce the princ�pal balance of�he Nate.
<br /> �f Lende�rece�ves a payment frnm 8orrower for a delinquent Period�c Paymen�whi�h includes a
<br /> suffi��ent arnvunt ta pay any late char�e due,the payment may be app�ied to the de�inquent payment and
<br /> the late charge.If more than ane�'eriodic F'ayment is outstanding,Lendermay apply any payment receiWed
<br /> from Bvrr�wer t�the repaym�n�of the Periodic Payments if,a�nd ta the extent thaf,each payment can be
<br /> paid in fu1l.To the extent that any excess exists a�t��#he paymen�is applied fo the�ull payment vf one�r
<br /> mot�e P�rivdic Payments,such excess may be applied to any la�e c�arges due.Voluntary prepaymen�s
<br /> shall be appl�ed f�st�v any prepayment charges and then as descr€bed in the Note.
<br /> Any app�icat€an af payments,insurance pro�eeds,or[Ul�sce[[anevus Prviceeds to p�ncipal due under
<br /> the Nv�e shaC[nat extend vr postpone the due date,ar�hang�the amount,❑f the Perivdic Payments.
<br /> 3. Fu�ds fvr Escrow tt�ms.Bar�ov�er shat[pay to Lender on the day Periadic paymenfs are du�
<br /> under the Nate,until�he N��e is paid�n ful1,a sum�the"Funds�'}to pro�ide for payment of amounts due
<br /> far:��}taxes and assessments and o�her items whi�h can atta�n p�ivr�ty o�er this 5ecurity Ins�rument as
<br /> a li�n o�encumbrance on��e Property;�b}feasehvld payments or grvund rents�n the Prope�y,i�any;
<br /> �c}prerniums for any and a!I insurance required by Lender under Sect��n 5;and 4d}Mnrtgage Insurance
<br /> prem�ums,if any,�r any sums payahle by Borrav�rer�v Lender in�ieu of#he payment vf Mortgage 1nsu�ance
<br /> premium�in accordance with the praWis�ons vf Sec�ion 1 U.These items are�al�ed"Escrow Items."At
<br /> �rig€nation or at any t�me during�he te�m af the Lvan,Lender may require that�ommunity Associativn
<br /> []ues,Fees,and Assessments,if any,he es�rowed by garrower,and su�h dues,fees and assessments
<br /> shail be an Escrow Item.Borro�ver sha��prvmptly furnish to Lender all notic�s vf amounts to he paid under
<br /> this Section.Bvrrower shalf pay Lender the Funds fv�Escrvw ltems unless Lender wa�ves Bvrrvwer's
<br /> ob�igation tv pay the Funds for any❑r al!Escraw lt�ms.Lender may waiWe Bar�vwer's��ligat€an t❑pay
<br /> NEBRASKA--Single Family--Far�nie MaelFreddie Mac UN���RIVI 1N5TRUMENT Fvrm 3028 i10'€
<br /> Ellie Mae,�r��- Page 3 of 10 NELIDEED 0415
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