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200201133
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200201133
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Last modified
10/14/2011 4:26:22 PM
Creation date
10/21/2005 9:19:27 PM
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DEEDS
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200201133
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200201133 <br />or regulation that governs the same subject matter- As used in this Security Instrument "RLSPA" refers to all requirements <br />and restrictions that are imposed in regard to a 'federally related mortgage loan" even it the Loan does not qualify as a <br />"federally related mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has <br />assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment ofthe Loan, and all renewals, extensions and modifications of <br />the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. <br />For this purpose. BorrovNvi nieNocabk grants and conveys to Trustee- in n-ust with power ofsale, the follo" ine described <br />property located m 1ho ( ount) _ of Hall <br />[ I ype of Recording Jul sdiction] [Name of Recording Jurisdiction] <br />Lot Fifteen (15), Whites Sunny Slopes Subdivision, being a part of the Northwest Quarter (N W 1/4) of Section <br />Twelve (12), Township Nine (9) North, Range Ten (10) West of the 6th P.M., Hall Countv, Nebraska. <br />Which currently has the address of 208 Sunny Drive _ <br />[Street] <br />Doniphan__ -__ . Nebraska 68832 ("Property Address") <br />[C ity I [Lip Code) <br />TOGLFHFR V1'811 Lill the wpio\entenls now or hercalier erected on the property. and Lill casements. <br />11) p L r lena rte c, - andIIvILIICInu„ or h e I ea lie s apa it o f th e p r „pent.:AIIIeI I emen is a n d add i t i o n s s ha l 1, II be covered h, <br />this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property. <br />BORROwILR COA I VAVT S that Borrower is lawhdly seized Of estate helebv conveyed and has the right to <br />^_runt and comet' the Propeltl and that the Property is unencumbered- c\cept for cncuntbrmwes of record. Bonower <br />(variants and will defend generally the title to the Property against all claims and demands, subject to anyencumbiances of <br />record <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - Lin i form covenants with <br />limited variations byjurisdiction 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 intcrest on, the debt evidenced by the Note and any prepayment clwrges and late charges <br />due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note <br />and this Security Instrument shall be made in U.S. currency. However, ifany check or other instrument received by Lender <br />as payment under the 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 following forms, as <br />selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, <br />provided any such check is drawn upon an institution whose deposits arc insured by a federal agency, instrumentality, of <br />enmy. orNI I`leclroni. Funds Ilanster. <br />Payments are deemed icceiacd 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 retain any <br />payment or partial payment if the payment or partial payments are insufficient to bring the Loan current Lender mayaccept <br />any payment or partial payment insufficient to bring the Loan current, without waiver ofany rights hereunder of prejudice to <br />its rights u/ relaSe such payment or painal payments in the Future. but Lender is riot obligated to apply such payments Lit file <br />unit such payments arc ateeptcd. Ifeach Pu iodic Payment is applied us ofns ,chcduled due date, then Lender need not pay <br />interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payment to brine the Loan cement. <br />If 13onowei does not do so within a reasonable period of time. Lender shall either apply such funds ur return them to <br />liorrower. it not applied curlier, such Binds „ill be applieJ to file oulsmnding pnneipal balance under the Nom in inediateh <br />P1101 to loreclosule. No offset or claim which Borrower might hale now or In the Blury against Lender shall relic%v <br />Rollkmcr font lllaku g payments due under the Sole and t[iis Sceurih In,lruntent or performing the covenants and <br />agreements secured be thls SCQIrn% Instrument. <br />2. Application of Payments Or Proceeds. Except us otherwl,e 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 under the Note; <br />(h) principal due under the Note (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment <br />in the order in which it beaune due. Any renwming amounts shall be applied first to late charges. second to any other <br />amounts due under this Security Instrument, and then to reduce the principal balance of the Note. <br />NEBRASKA -- Single family -- Fannie , Mac /Freddie Mac O N I FORM INS IRI- NIEN "r Form 3028 1 /01 (page 'of ( pn;eel <br />- ..,1'"Oh r1130u <br />GOTO(00016,1)I <br />
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