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� 2� 17�2�78
<br /> which currently has the address of 2127 1N�har�es S#,Crand[s�and,
<br /> �str��c��c�xy]
<br /> Neb�aska �8803 �"Proper�y Address'��:
<br /> [Zip Cade]
<br /> TC]GETHER WITH all the impro�em�nts now or he�eafter erec�ed on the praper�y,and ali ea��r��ents,
<br /> appur�e��ances,and f xtures now v�hereafter a park af th�property.A11 repiacements and add�fions shall
<br /> also be co�e��d by this Security instrument.A!I o��he fflregaing is�eferred to in this 5e�urity lnstrument
<br /> as the"Property.':
<br /> B4RR�WER C�VENANTS that Borrower[s lav+�ful�y seised of the est�te hereby con�eyed and
<br /> has the right to �ran� and convey the P�operty and #hat the Prope�ty �s unencumbered, �xcept for
<br /> �ncumhrances vf�ecord.Borrower v+rarrants and wi�l defet�d genera[[y the tit�e to the Prvpe�ty agair�st
<br /> a�l c�aims and demands,subject tti any encumbrances of recard.
<br /> THIS SECURITY INSTRUIIiiENT cQmbines uni��rm covenants fvr national use and nan-unifarm
<br /> co�enants with lir�ited variatinns�y jurisdiction to canstitute a unifvrm secu�ity instrument caWe�ing reaf
<br /> prvpeKy.
<br /> UfVlFC3RM COVENANTS.Barrower and Lender coWenant and agree as fa�iovrs:
<br /> 7. Payment of Principal,inte�es�,Escrow�terns, Prepayment Charges.and Late�harges.
<br /> Borrower shall pay when due the principa!of,and inie�est on,the debt e�idenced by the Note and any
<br /> prepaymer�t charges and lat�charges due unde�t��e Note.Bvr�ower sha�l also pay�unds�vr Escraw
<br /> �tems pursuant ifl 5ection 3.Pa�ments due under th�No#e and this 5ecurity Instrument shall be�nade ir�
<br /> U.S.�urrency.However,i#any cf��ck vr vther�ns#rumen�recei�ed by Lender as payment under the Nvte
<br /> or t�is Secur�ty Instrumen�is returned tn Lende�-unpaid,L�nder may require that any or al�subsequent
<br /> payments due underthe Note and this Security�nstrurnent be made En ane�r more of fhe fol[awing�arms,
<br /> as se�ec�ed by Lende�:�a}cash;�b}money order;�c}certifed check,bank check,treasurer'S Ch�CIC Q�
<br /> �ash�er's check,praWided any such check is drawn upon an insti�ution v�hase deposits are insured by
<br /> a�ederal agency,instrumer�tal�ty,v�entity;vr�d}Electranic Funds Transfer.
<br /> Paymer�ts a�e deemed recei�ed by Lender►nrher�received at the iocativn des�gna�ed in the Note
<br /> vr at su�h other I�cation as may b�desigr�ated by Le��der in ac��rdance�rith the nvti�e provisians ir�
<br /> Sect�on�5.Lender may return any payment or pa�ia[payment i�the payment or�ar�ia�payments are
<br /> insuffici�nt t�bring the Loat�current.Lender rr�ay ac�ept ar�y paymen�ar par��a[payment insufficient to
<br /> br�ng the Loan current,with�ui►�aiver o�any rights hereunder or prejudi�e tv i�s rights to refuse su�h
<br /> payment or part�al payments in the future,but L�nder is nfl�ob[igafed ta app�y such payments at tf3e time
<br /> such paymec�ts are accepted. If each Periodic Paym�nt is applied as af its schedu[ed due da�e,then
<br /> Lender need nvt pay interest vn unappi�ed�unds.Lender may hold such una�p�ied funds until gvrra�r�er
<br /> makes payment�a br�ng the Loan curren�. ��Borrov�rer does nvt dv so v�i�h�n a reasanable pe�ad vf
<br /> time,Lender shali either apply such�unds ar return them tQ Bo�rov�er.If not applied earlier,such�unds
<br /> wi��be applied to#he autstanding princ�pai balar�ce under the Note irnmediately prior ta fvreclosure.h�o
<br /> ❑ffset ar claim wh�ch gvrrower might I�ave now or in the future against Lender shal�reli�ve garro�er
<br /> from making payments due unde�fhe N�te at�d this Securi�y Instrument o�performing the caWenan�s
<br /> and agreements secured by�h�s Secur�ty lnstrumen�.
<br /> �. App�icativn of Payments v�Pro�e�ds. Except as❑then�r�se described in this Se�tion 2, all
<br /> payments accep�ed and applied by Lender sha�1 be applied�n the follovsring v�de�of priority:�a}interest
<br /> due under the Nate;�b3 pr�ncipa[due under the Note;tc}arnnunts due under Section 3.Such paym�nt�
<br /> sha��he app�ied to ea�h Per�adiG Paymen�in the arder in vrhich it became due.Any remainit�g amounts
<br /> sha��be app��ed frst ta la�e cha�ges,second�o a�iy othe�amaunts due under this Securi�y ins��urnent,
<br /> and then tv reduce the pr�nc�pal baiance af fhe No��.
<br /> �f Lend�r receives a payment fram Borrower for a deiinquent Periodic Payment vrhich inGludes a
<br /> sufficient amvun�tv pay any la�e cha�ge due,the paym�nt may be app[�ed to the de�inquent payment and
<br /> the late charge.if mare than one PeriodicPayment is❑u�s�ai�ding,�ender may appfy any payment recei�ed
<br /> fram B��rower to the repayment��the Periodic Payments�f,and to the extent that,each pay�r�en�can be
<br /> paid in fu[I.Ta the extent that any excess exis�s after the pay�r�ent�s app[ied�o the�ull paymen�of ane or
<br /> more Period�c Payr�rents,such excess may be applied t❑any late c�arg�s due.Valuntary prepayments
<br /> shall be applied frst to any prepaymenf charg�s and then as described�n the Na�e.
<br /> Any applicat€on o�payments,insurance proceeds,ar i'�isc�llaneous Proceeds tv principal due under
<br /> the Note shall t�ot�xtend ar pvstpvne the due da�e,❑r change the amvunt,of the Periodic Payments.
<br /> 3. Funds for Escrow[tems.Bo�ro►rver sha�1 pay to Lender on th�day Periadic Paymer�ts are due
<br /> under ihe iVote,u��ti�#he No�e is paid in ful�,a sum�the"Funds�'3 t❑provide fo�payment of amvunts due
<br /> fa�:�a}taxes and assessments and ofher�tems which can atta�n priority over th�s 5ecurity Ins�rumen#as
<br /> a lien or encumbrance on the Prvperty;�b}leasehold payments or graund rents on th�Property,if any;
<br /> �c}premiums far any and a�l insurance required by Lender under SeGtivn 5;and�d}Mortgage lnsurance
<br /> premiums,if any,arany surns payab�e by gorrowertv Lender in tieu❑f the payment of Martgage 1r�surance
<br /> premiums in accardance v�rith the pro�is�ons of 5ec�ion ��.These items are called"Escrovu Items."At
<br /> vrig�nation or at any tirne dur�ng the term of t��e L�an,Lender may requir�that Community Assvciatinn
<br /> I�ues,Fees,and Assessments,if any,be escrawed hy Barrvwer,and such dues,fees and assessments
<br /> sha�!b�an Escrow 1#�m.Borrower sha�l prompt[y�umish ta Lender af�noti��s of amounts�o be p�id under
<br /> this Section.Borro���r shal�pay Lender th�Funds for Esc�ow�tems ur�fes�Lender inra�ves Borrower's
<br /> obligation#o pay#he Funds for any o�a�f Escrow Items.Lender may wai�e Sor��v�rer's❑bligat�on to pay
<br /> NEBRASKA--Sir�gEe Famify--Fan�ie Maei�r�ddi�Mac�N€F�RM INSTR�IVlENT Farm 3028�101
<br /> Ellie Mae,�nc. Page 3 of�a NEUDEED OQ 15
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