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200213662
<br />or regulation that governs the same suhjoetmather. As used in this Securitylretrument, 'RESPA" refers to all requirements
<br />and restrictions that are imposed in regard In a `fie erally related mortgage loan" even if the Iuan does not qualify as a
<br />"federally related mortgage loan" under RLSPA.
<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 Securitylnstrumcn t secures to Lender: (i)the repayment of the Loan. and all renewals, extensions and modificahonsof
<br />the Note; and fii) the Pcrtnmance of Borrower's covenants and agreements under this Security Instrument and the Note.
<br />For this purpose, Borrower irrevocably grants and conveys to Trustee, intrust, with power of sale, the following described
<br />property located in the County of Hall _
<br />I'Pype of Recording Jurisdiction] [Name of Recording Jurisdiction]
<br />Lot Eighteen (18), in Westwood Park Subdivision, in the City of Grand Island, Hall County, Nebraska.
<br />which currentlyhas We address of 4035 Greenwood
<br />[Stueerl
<br />Grand Island , Nebraska 68803 ('Property Address ").
<br />I CuyJ [Zip Coded
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements.
<br />appurtenances,and fixtures now or hereafter apart of the property. All replacements and additions shall also be covered by
<br />this Security Instrument. Allot the foregoing is retorted to in this Security Instrument as the "Properly."
<br />BORROWER CO V ENAN'I'S that Romlwcr is lawfully seized of estate hereby conveyed and has the right to
<br />in an and convey the Property and that the Property is unencumbered, except for encumbrances of record Borrower
<br />warrant, and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of
<br />record_
<br />THIS SECURLTY INSTRUMENT combines uniform covenants for national use and non uniform covenants with
<br />limited vercuions by jurisdiction to constitute a uniform security instrument covering real property.
<br />UNIFORM COVENAN'T'S. 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 pri ncipal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges
<br />due under the Note. Borrower shall also pay, funds for Escrow Items pursuant no Section 3. Payments due under the Note
<br />and this Security instrument shall be made in U.S_ currency. However, if any 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 payment, 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; (h) 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 we insured by a federal agency, instrumentality, of
<br />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 us may be designated by Lender in accordance with the notice provisions in Section 15, Lender may return any
<br />payment or partial payment if the payment of partial payments are insufficient to bring the Loan current. Leader may secept
<br />any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to
<br />its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the
<br />time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then lender need not pay
<br />interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payment to bring theLlan current.
<br />If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them in
<br />Borrower_ If not applied earlier, such funds will be appl led to the outstanding principal balance under the Note immediately
<br />prior to foreclosure No offset or claim which Borrower might have now or in the future against Lender shall relieve
<br />Borrower from making payments due under the Nate and this Security Instrument or performing the covenants and
<br />agreements secured by this S.r.rity 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 under the Note;
<br />(b) principal due under [ e Note: (c) amounts due under Section 3. Such payments shall be applied m each PceiudicPayment
<br />u1 t to or dder in which it became due. Any remaining amounts shall be applied first to laze 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 Farah, — r' anus, Mae /Freddie Mac ltNIPORNl INSTRUMENT F.em3028 1 /01 rPnXr. of SpnACx)
<br />1151CV(1/02, n,I, a
<br />=111.1111110
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