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2� 17�217�
<br /> which currently has th�address of 2419 Bass�d,Grand lsland,
<br /> [Street][Ciryl
<br /> Nebraska 6880'� �"Prvperty Add�ess"}:
<br /> [Zip Cade]
<br /> T�GETHER�IIEITH ai�the impra�em�nts naw vr hereaft�r ere�ted❑n the�rvper�y,and all easemen#s,
<br /> appur�enances:and fixtures now or hereafter a part of�he prvperty.AI[r�placements and additivns sha�l
<br /> also be co�ered by this Securi�y Instrument.All o�the foregoing is referred to in this S�curi�y Instrument
<br /> as�he"Property.,,
<br /> B�RR411�ER CDVENANT��ha#Borrower is lawfui�y seised �f the estate hereb�r�vn�eyed and
<br /> has the righ�to gran� and con�ey the Property and that th� Prvperty �s unencumbered, except far
<br /> encumbrances of record.Barrower wa�rants and wi1!defend generally the tit[e to the�'�vperty against
<br /> all claims and demands,sub�ect tv any encumbrances of re�o�d.
<br /> THIS SE�URlTY lNSTRUMENT combines uniform �avenan�s far national use artd non-uni#vrm
<br /> c�venants with��mi�ed variations by jurisdict�vn t❑constitute a uniform secur�ty instrument c�vering rea!
<br /> praperty.
<br /> UNIF�RM CUVENANTS.Borrower and L�nder cvvenan�and agree as�fol[vws:
<br /> 7. Payment of Principa�, Interes�� Escr�aw[terr�s, Prepa�ment Charges�and Late�harges.
<br /> Bvrrower shal��ay when due the principal of,and�nterest vn,�he deb�eWidenced by the Note and any
<br /> prepaymen�charges and�at�c�a�g�s due under the Note.�arrower sha�l a�so pay funds�vr Escraw
<br /> �tems pursuant tv S�ctivn 3.Pa�men#s due under the Nate and this Sec.�rit�Instrumen�sha�l be made in
<br /> U.S.currency.�ovvever,if a�y chec�c ar ather ins#rumen�rec��ved�y Lend�r as paym�nt und�r the N��e
<br /> or this��:curity lns�rume�t is returned to Lende�unpaid,Lender may require tt�at any o�a�l subsequent
<br /> payments due under#he�ofe ar�d�his S�c�€rity Instrument tie made in ane or more of fhe follow�ng farms,
<br /> as se�ecfed b�r Lend�r:�a}�ash;�b}money ord�r;�c}certified check,bank check,treasure�'s check ar
<br /> cashier`s chec�,provided any such c,�tec�c is drav�rn upon an institution whase deposits are insured by
<br /> a federal agen�y,ins#rumentality,or er�tity;or�d�El�ct��n+�Funds Trans#er.
<br /> Payment�are de�m�d re�eived by Lender when recei�ed at the locafivn designated in the Note
<br /> o�at su�h n�h�r-[�cation as may be d�sigr�a��d by Lender in a�cvrdance wi�h the natice provis�ons in
<br /> Se��ivn�i�.Lender may�etum any payment❑r partial payment if�he paymen�or partial payments are
<br /> insuffic�ent�o�aring fhe Loan cunen�.Lender may accept any paymer�t ar pa�tia[payrn�n#insu�#ic€en#to
<br /> bring the Lnan Gurrent,witfi�ou��afver�f an�righ#s hereunder o�pre�ud�ce to its righ#s ta r�fuse such
<br /> payment�r partial payments in the future,but�ender is no�o�Iiga�ed t�app�y such�aymen#s at the time
<br /> su�h payments are accep�ed. [f each�'e�ivdi�Paymen�is app�ied as v�i�s scheduled due date,then
<br /> Lender ne�d not pay interesf on unappli�d�unds.Lend�r may fiold such unapp��ed funds untit Bvrrower
<br /> makes�aymen�to��ng the Lflan curr�nt. �f gorraw�r does no�dv �o w�thin a reas�naf�le period vf
<br /> #ime,Lend�r shali ei�her apply such funds or re�urn t#�em to 8arra�er.[f not app�ied earlier,such funds
<br /> vLr���be ap�lied#v th�outstanding principa�balance under�he Note immed�ately p�iar to fo�eclosure.No
<br /> offset or claim�fiic�BoRvwe�-might have now or in the#uture against Lend�r shall�elieve Borrov►rer
<br /> from making�aymen�s du�under the Not�and this Security Inst�ument vr performing the cv�enan�s
<br /> and agreemen#s secured by fh�s Security�nstrumen#.
<br /> �. �Applica�ifln a'�Pa�ments or P�viceeds.Ex�ept as athe�wis�desc�ibed in th�s S�c���n�,afl
<br /> payments acce�#ed and app�ied�y Lender sha�l be a{�plied in the�all�wing order�f privrity:(a}infer�st
<br /> due under�tie Note;�b}principai�ue ur�der the Note;��}amaunts due under Sec�ion 3.Such payments
<br /> shalf be applied to each i'�riodic Paymet�t in ihe order in which it becarrre due.Any remaining amounts
<br /> shall be applied f�rst tv 1a#e charges,second to ariy other amounts due und�r this Secur+�y[nstrument,
<br /> and tfi�en�v reduce the principaf ba�ance of the Nvte.
<br /> �f L�:nder rece�v�s a payment�roR�$arrawer for a de�inquent Period�c Paymen�wh€cn in��udes a
<br /> suffc�ent amour�t#o�ay any ia�e charge due,the payment may be applied�v the de�inquent payment and
<br /> #he Iate char�e.If more than ane Per�adic payment�s auts#anding,Lender may apply any paymen�recei�ed
<br /> ��om BvRvwer to the�epaymen�of�he Periodic�'ayments�f;and to the ex�en�that,each payment can be
<br /> paid�n�ull.Tv the�xtent that any exc�ss�x�sts a#�er�he�ayment is app[i�d to the fulL paymen�o�vne ar
<br /> mare Periodic Pa�ments,such excess may be applied t�any 1at�charges due.Vviuf�ta�r�repaymen#s
<br /> shall�e ap�lied first tv any prepaymen#charges and then as described in the Note.
<br /> Any appli�ativn�f�ayrnents,insuranc�p����eds,ar Miscellanevus Praceeds#v principal due und�r
<br /> the Nvte shal�not extend or pnstpane the due da#e,flr change the amaun�,of the Pe�iod�c Payments.
<br /> 3. Funds far Esc�-vw I�ems.Barrower shall pay to Lender on the day Perivdic Payments are due
<br /> under the Note,unti[#he Note is paid in fu��,a sum tthe"Funds�'��o p�aWide for payment af amounts due
<br /> for:�a}taxes and ass�ssments and afher items which can a#ta�n pr��rity over th�s 5ecurity�nstrument as
<br /> a I�en or encumbrance on#he Pro��rt}r;�b}ieasehold payrnen�s o�g�vund rents vn the Property,if any;
<br /> �c}pr�miums�or any and a!�insurance required by Lender ur�der 5�ction 5;and�d}Mvrtgage Insurance
<br /> premiums,ifany,vr any sums payab�e by Sorrawe�tv Lender in Iieu�fthe payment af Mortgage Insuranc�
<br /> premiums in accardance with the provisians af 5�c�ian ��.Thes�#tems are ca[led"Escrow�tems."At
<br /> or€gination or at any#ime during#he term af fhe Loan,Lende�may require that Cammunity Association
<br /> Dues,Fees,and Assessment�,��any,be escrawed by Bo�rower,and such dues,fees and assessments
<br /> sha[�be an Escraw�tem.Sorrower sha��promptly furnish#o Lender a!!no#ices of amaunts tv be paid under
<br /> this Se�tion.Borrawer shal[pay Ler�der fhe Funds for Escrow Items un�ess L�nder waives gorrower's
<br /> obligation to pay the Funds f�r any or a!i Es�raw Items.Lender may waiWe Borrvwer's❑bfigation to pay
<br /> NEBRASKA--Sin�le Famiiy--Fannie MaelFreddie Mac UNIFQRM iNSTRUMENT Form 30�8 1!�'1
<br /> EI[i�Ma�,Inc. P�g�3�f'�� NE��EED 04�5
<br /> NEUDEED�CLS�
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