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200209160 or regulation that govems the same subject matte_ As used in this Security Instrument, "RESPA" refers to all requircrourds 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 not that party has assumed Borrower's obligations under the Note and/or this Sccunty Instrument 'fI2ANSP'ER OF RIGHTS IN THE PROPERTY This Security Instrument secures to Lender '. in 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'I rustic, in mist, with power of sale, the following described property located in the County of Hall ['1'ypeofltecordingh,un iction] [Name of Recording Jurisdiction] Lot Six (6), Amick Acres West Subdivision, Hall County, Nebraska which currently has the address of 323 Island Drive IStreet] Doniphan ,Nebraska 68832 ("Property Address "). [City] [Zip Code] I OGEI HER WITH all the unprovements now or hereafter erected on the property, and all casements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument All ofthc foregoing Is referred to in this Sccunty instrument as the "Property." BORROWER COVENANTS that Bon'owe is lawfully seized 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 wll defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECT JRITY TNSTRI IMF.Nf combines uniform covenants for national use said non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENAN'T'S. Borrower and Lender covenant and agree as follows: 1. Payment of Princinal,Inlerevq Excnm ltems,Prenaymenl ChxrL'ea, xnd and thus Seven Instrument shall be made to U.S. currency I lowever, U an} check or other instrument received by Lender as payan'r ura er the Note or this Security Instrument is returned to Len et unpaid, Lender may require that any or all an L qua it payments due under the Note and d us Security Instrument be made in one or more of the fuIluwuig forms, as selected by Lender (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's cheek, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Ponds 'I ransfer. Payments are decayed received by Lender when received at the location designated in die Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may retum any payment or partial payment ifdre payment or partial payments are insufficient to bring the Loan current Lendermayaecept If Rmowe does not do as, within a reasonable period of limo, Lender shall either apply such funds or return them to Borrower. lfnot applied earlier, such funds will be applied to the outstanding princippal balance under the Note immediately �gin to foreclosure No offset or claim which Bortmve' might have now or in the future against Lender shall relieve orrower from making payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be appplied in the following order of priority (a) interest due under the Note, (b) rind aldueunder the Note, (c) amounts due under Section 3 Such payments shall be applied to each Periodic Payment in the order in which it became due_ Any remaining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then in reduce the principal balance of the Note. NEBRASKA-- Sin&Family— Feuds M.,,Tceddh, Mar UNIFORM INSTRUMENT F..3028 1/01 (page SOJ8pagev) 9756 CV (1/02) 117.1 (NYIY)(INp11U1bJ