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202207610
<br />covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants
<br />and conveys to Trustee, in trust, with power of sale, the following described property located in the County of Hall:
<br />Lots One (1) and Two (2), in Block Ten (10), Brett and Johnson's Addition to Wood River, Hall County,
<br />Nebraska; and The East Thirty Feet (30') of Lot Three (3), in Block Ten (10), Brett and Johnson's
<br />Addition to Wood River, Hall County, Nebraska, and more particularly described as follows, to -wit:
<br />Commencing at the South -East corner of Lot Three (3), thence North a distance of 140 Feet, then West
<br />a distance of 30 Feet, thence South a distance of 140 Feet, thence East a distance of 30 Feet, to the point
<br />of beginning.
<br />Parcel ID Number: 400177889 & 40017787
<br />which currently has the address of 413 E 12th St
<br />Wood River, NEBRASKA 68883-9129, ("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 "Property."
<br />Borrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security
<br />Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors
<br />and assigns) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose
<br />and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling
<br />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. Borrower
<br />warrants and will defend generally the title to the Property against all claims and demands, subject to any
<br />encumbrances of record.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants
<br />with 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 shall
<br />pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late
<br />charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due
<br />under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument
<br />received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may
<br />require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of
<br />the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's
<br />check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal
<br />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 such other
<br />location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return
<br />any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender
<br />may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights
<br />hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated
<br />to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled
<br />due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower
<br />makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall
<br />either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding
<br />principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now
<br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT with MERS Form 3028 1/01
<br />Page 3 of 13
<br />IDS, Inc. - 30227 Borrower(s) Initials
<br />2141111111
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