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200305989 or regulation that governs the sane subject (ratter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a `federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (Q) 'Successor in Interest of Borrower^ means any party that has taken title to the Property, whether or nottha party has assumed Borrower's obligations under the Now and/or this Security Instrument. 'TRANSFER OF RIGHTS IN THE PROPERTY This Security lnstrwnentsecuresto Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of Hall [Type of Recording Jurisdiction] [Name ofRccarding Jurisdiction] See Exhibit A which currently has the address of 10403 W. Loup River Road [Street] Nebraska ( "Property Address"); [City] [Zip Code] TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a Part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing 1s referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and nun - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow It ems, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Now and this Seeuriry Instrument shall be made in U.S. currency. However, ifany check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more ofthe following forms, M selected by Lender: (a) cash; (b) money order; (c) certified check, bank check treasures s check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Now or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment ifthe payment or partial payments are insufficient to bring the loan current. Lendermayaccept anv payment or partial payment insufficient to bring the Lean current, without waiver of any dims hereunder or preiudice to If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied in the outstanding principal balance under the Now immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or performing the covenants and or Proceeds. Except as otherwise described in this in the order in which it became due. Any remaining amounts shall be applied first to amounts due wider this Security Instrument, and then to reduce the principal balance of NERRASKA— Single Family— Fann ie Mae/Freddie Mac UNIFORM INSTRUMENT Fona 3028 Fail /rxgel /8yoges) 9754 CV (10 /02) 230149 4trrgnnlxlrvn.]