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2O0311013 TRANSFER OF RIGHTS IN THE PROPERTY Nolte Sandri(y)instrument erformance of Borrower's covenants and agreements Loan. and his Se uartly lowing instrument i d heoperteio cafe this purpose, Borrower irrevocably grants and conveys to Trustee, intrust, with power of sale, the following described property located in m the ype o eco ing uri action ame o seer g uns is ion L 0 1 TWENTY ( 2 0 ) W E S T W OOD PARK FOURTH SUBDIVISION IN THE CITY OF GRAND ISLAND. HALL COUNTY. NEBRASKA. which currently has the address of b 0 4 F L E E T W 0 0 0 C I R C L E Street GRAND I S L A N D , Nebraska 6 8 8 0 3 ( "Property Address "): [City] [Zip Code] TOGETHER WITH all the improvements now or hereafter erected on the propertyy, and all easements, appurtenances, and fixtures now or hereafter a part of the propert y. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing Is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower Is lawfully soised of the estate hereb conveyed and has the right to grant and generrally the title t Property Property against alll claims and demands, except ubject toa nyrencumbrances of Borrower warrants and will defend THIS SECURITY INSTRUMENT combines umorm covenants for national use and non - uniform covenants with limited variations by iurisdition to constitute a uniform security instrument covering real property. UNIFORM pal of, shall made may be designated by Len __. ....� ii nho navment or Rorrower and Lender covenant and agree as follows:_ r ere rhx rues. Borrower shall pay periodic Payment Is applied as or ns scna.�� =� -- ° - -- '- -- such unappUod funds until Borrower makes payment to bring the Loan current. period of ume, Lender shall either apply such funds or return them Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note 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 ayreomenis secured by this Security Instrument all a ments accepted and 2. Application of Payments or Proceeds. Except as otherwise described In this Section al due under the Note, applied by Lender shall be applied in the following order of priortyy'. ((a) Interest due under the Note; o p rrinci p (c) amounts due under Secbon 3. Such payments shall be aed to each Periodic Payment In the e order m which it became due. Any remaining amounts shall be applied first to late charges, ppli second to any other amounts due under this Security Instrument, and then to reduce the pnncipal balance o(lhe Note. If Lender receives a payment from Borrower for a delinquent Penults Payment which includee sufficient amount to pay any ant late charge due, the payment man b aamsnidreceived from Borrowerr to the repayment of the Per odic PaymentPeriodic f, ra and to )foe extent outstandiny, Lentler may app y Y P Y shall be applied first to any that, each payment can he paid In full. To the extent that any excess exists after the payment is applied to the full payment o one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments prepayment charges and then as described in the te. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due dale, or change the amount, of iho Periodic Payments. y der the 3. Funds fa sEmcthe "FundsS) to provide foray meet of amounts due for (a) taxes aand assessments nd therr Items which Note is paid In Lull, on the propert ii any; (c) premiums for any and all insurance required by Lender f or Section 5, an (d) sums in Insurance can attain pryiority over this Security Instrument as a lion or encumbrance on the der uny; (b) leasehold payments or grown rents premiums, if any, or any sums payable by orrower to Lender In lieu of the payment of tln or at y time during premiums in of the Loa Lenderemay ieiquise of that Oommun ?yh ASSOCietonrDUeseFeescand items " At any, be etsa owed by Bo wer,eand such dues, ese this s5ecdlions Barr war shall pay Lender the F nds fforrEscrow Items unless Lander waives Borrowers obligation tospaylhe FuodsAn turnisF to Lander any or all Escrow Items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow Items al any lime. Any y payable. l e amounts I Lender requires, shall furnish to Lender such waiver may only be in writing. In the event of such waiver, Borrower shall pay direct) when and where due for any Escrow Items far which payment of Funds has been waived by Lender and, receipts evidencing such payment within such time period as Lender may require. Borrower's obligation to make such payments and ement dict t� aln ts dclb ii e r eip mion9 lf Borrowers s oblligatted to V Escrow items direly, pursuant o a waiver, phrase "covenant andageamels�end Se and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Suction 9 and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lander any such amount. Lender may revoke the waiver s all to any or all Escrow Items at any time by a notice given in accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender all Funds, and In such amounts, that are then required under this Section 3. I the Funds at the time Lender mayy at any lime, collect and hold Funds in an amount (a) sufficient to permit Lender to apply specified under ROSPA, and (b) not to exceed the maximum amount a lender can require under RESPA. Lender shall estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures of fture Escrow Items or other is accordance with Applicable Law. r-0nM 3�PB O1N1 (psy 3 el'! pew)