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<br />which currently has the address of 2215 W 11th St, Grand Island,
<br />Nebraska 68803 (Property Address "):
<br />[Zip Code]
<br />201704346
<br />LOAN #: 1705000014789
<br />[Street] [City]
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or hereaftera part of the property. All replacements and additions shall
<br />also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument
<br />as the "Property."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and
<br />has the right to grant and convey the Property and that the Property is unencumbered, except for
<br />ncumbrances of record. Borrower warrants and will defend generally the title to the Property against
<br />II claims and demands, subject to any encumbrances of record.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform
<br />ovenantswith limited variations by jurisdiction to constitute a uniform security instrument covering real
<br />roperty.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges.
<br />orrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any
<br />repayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow
<br />ems pursuantto Section 3. Payments due under the Note and this Security Instrument shall be made in
<br />.S. currency. However, if any check or other instrument received by Lender as payment under the Note
<br />r this Security Instrument is retumed to Lender unpaid, Lender may require that any or all subsequent
<br />yments due under the Note and this Security Instrument be made in one or more of the following forms,
<br />a• selected by Lender. (a) cash; (b) money order, (c) certified check, bank check, treasurer's check or
<br />c =shier's check, provided any such check is drawn upon an institution whose deposits are insured by
<br />a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer.
<br />Payments are deemed received by Lender when received at the location designated in the Note
<br />at such other location as may be designated by Lender in accordance with the notice provisions in
<br />ction 15. Lender may return any payment or partial payment if the payment or partial payments are
<br />ufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to
<br />ing the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such
<br />yment or partial payments in the future, but Lender is not obligated to apply such payments at the time
<br />ch payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then
<br />nder need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower
<br />kes payment to bring the Loan current. If Borrower does not do so within a reasonable period of
<br />e, Lender shall either apply such funds or retum them to Borrower. If not applied earlier, such funds
<br />wi I be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No
<br />o -et or claim which Borrower might have now or in the future against Lender shall relieve Borrower
<br />fr. making payments due under the Note and this Security Instrument or performing the covenants
<br />an. agreements secured by this Security Instrument.
<br />2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all
<br />pa ments accepted and applied by Lender shall be applied in the following order of priority: (a) interest
<br />du - under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments
<br />sh. II be applied to each Periodic Payment in the order in which it became due. Any remaining amounts
<br />sh -II be applied first to late charges, second to any other amounts due under this Security Instrument,
<br />an. then to reduce the principal balance of the Note.
<br />If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a
<br />s cient amount to pay any late charge due, the payment may be applied to the delinquent payment and
<br />the ate charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received
<br />fro Borrower to the repayment of the Periodic Payments if and to the extent that, each payment can be
<br />pai in full. To the extent that any excess exists after the payment is applied to the full payment of one or
<br />mo e Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments
<br />sha I be applied first to any prepayment charges and then as described in the Note.
<br />Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under
<br />the ote shall not extend or postpone the due date, or change the amount, of the Periodic Payments.
<br />. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due
<br />and =r the Note, until the Note is paid in full, a sum (the "Funds ") to provide for payment of amounts due
<br />for a) taxes and assessments and other items which can attain priority over this Security Instrument as
<br />a lie or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any;
<br />(c) emiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance
<br />pre iums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage lnsurance
<br />pre iums in accordance with the provisions of Section 10. These items are called "Escrow Items." At
<br />origi ation or at any time during the term of the Loan, Lender may require that Community Association
<br />Due Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments
<br />shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under
<br />this '• ection. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Borrower's
<br />oblig =tion to pay the Funds for any or all Escrow Items. Lender may waive Borrower's obligatior,to pay
<br />Initials: 4 --
<br />NEB SKA— Single Family— Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 30281/01
<br />Ellie ae, Inc. Page 3 of 10 NEUDEED 0415
<br />NEUDEED (CLS)
<br />06/28)2017 03:48 PM PST
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