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201800973 <br />Parcel ID /Sidwell Number: 400163721 <br />( "Property Address "). <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be <br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the <br />"Property." Borrower understands and agrees that MERS holds only legal title to the interests granted by <br />Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for <br />Lender and Lender's successors and assigns) has the right: to exercise any or all of those interests, including, but <br />not limited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but <br />not limited to, releasing and canceling this Security Instrument. <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to <br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. <br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to <br />any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with <br />limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower <br />shall pay when due the principal of, and interest on, the debt evidenced by the Note and any <br />prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow <br />Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made <br />in U.S. currency. However, if any check or other instrument received by Lender as payment under the <br />Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all <br />subsequent payments due under the Note and this Security Instrument be made in one or more of the <br />following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, <br />treasurer's check or cashier's check, provided any such check is drawn upon an institution whose <br />deposits are insured by 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 or at <br />such other location as may be designated by Lender in accordance with the notice provisions in <br />Section 15. Lender may return any payment or partial payment if the payment or partial payments are <br />insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient <br />to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse <br />such payment or partial payments in the future, but Lender is not obligated to apply such payments at <br />the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, <br />then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until <br />Borrower makes payment to bring the Loan current. If Borrower does not do so within a reasonable <br />period of time, Lender shall either apply such funds or return them to Borrower. If not applied earlier, <br />such funds will be applied to the outstanding principal balance under the Note immediately prior to <br />foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall <br />relieve Borrower from making payments due under the Note and this Security Instrument or <br />performing the covenants and agreements secured by this Security Instrument. <br />2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments <br />accepted and applied by Lender shall be applied in the following order of priority: (a) interest due <br />under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments <br />shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts <br />shall be applied first to late charges, second to any other amounts due under this Security Instrument, <br />and then to reduce the principal balance of the Note. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mae UNIFORM INSTRUMENT <br />® 2004 -2017 Compliance Systems, Inc. 3886d265- 70886660 - 2017.159.3.6 <br />Single Family Real Estate - Security Instrument DL2047 <br />Farm 3028 1/01 <br />Page 3 of 14 www.compliancesystems.com <br />I1111I1I�V I IIIJ1 11 III I I I VIII IUII111111 IIINII11IIN II X11111111 II1II111111 VIIIIIIIII Illlll1l hll <br />* a L 2 0 4 7 0 8 0 2 1 2 7 0 7 5 0 2 1 4 1 8 1 4 1 4 Y A L L A B 5 2* <br />