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<br />..200.810 21 7
<br />
<br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft,
<br />or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or
<br />magnetic tape so as to order. instruct, or authorize a fmancial institution to debit or credit an account. Such term
<br />includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by
<br />telephone, wire transfers, and automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any
<br />third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or
<br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (Hi) conveyance in
<br />lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note,
<br />plus (H) any amounts under Section 3 of this Security Instrument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. ~260let seq.) and its implementing
<br />regulation, Regulation X (24 C.F.R.Part 3500), as they might be amended from timeto time, or any additionator
<br />successor legislation or regulation that governs the same subject matter. As used in this Security Instrument,
<br />"RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan"
<br />even if the Loan does not qualify as a "federally related mortgage loan" under RESP A.
<br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that
<br />party has assumed Borrower's obligations under the Note and/or this Security Instrument.
<br />
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />
<br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and
<br />modifications of the Note; and (H) the performance of Borrower's covenants and agreements under this Security
<br />Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power
<br />of sale, the following described property located in the
<br />COUNTY of HALL
<br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction]
<br />B33ImIN3 AT A roJNI' 843.8 FEET msr CF 'lIE SJ.llli'EST ~ CF EKT.[QJ 3, 'lO'N:HlP 11 N:RIH,
<br />RPNE 9 VEST CF 'lIE 6IH P.M. I IUiNIN3 'J:HEN:E N:RIH CN A ~ mwIEL WITH TIE EKT.tCN ~ 516
<br />FEETi 'IHENE msr CN A ~ mRAUEL WITH TIE SKTICN ~ 421.4 FEETi TIEN:E s:I.JIH mRAUEL WITH
<br />'lIE EKTICN ~ 516 FEEl' '10 'lIE s:I.JIH ~ CF Sill) SO'ICNi TIHrn ~ .AliN3 Sill) EKTICN ~
<br />421.4 FEET '10 'IlE HJ:(E CF EIGlNffi\G lW CI:M\'RCIN3 AT A roJNI' 452.8 FEEl' ~ CF 'lIE CRlIER CF
<br />TIE (MHl,..AN) RERH.i[00" WJ.E{ RAlIRJ'V N:W FNl'N PS TIE cro. mlNH CF 'TIE tNICN I1CIFIC
<br />RAIIRJ'D CDmJ'f, .AN) TIE N::RII-HSI' ~ CF TIE N:RIH 12~, M:m CF lEES CF TIE s:I.JIH 32
<br />KRES, CF TIm g.ro' CF 'IRE s:I.JIl*SI' 1/4 CF EKTICN 3 IN 'lO'N:HlP 11 N:RIH, RrN:E 9 VEST CF 'TIE
<br />sm P.M. .AN) IXlN3 VESI' CF Sl\ID RAIIR::mi TIBrE Rl\NIliG IN A SJ.Jl:I-ER[X l.J.ll<I::'L:l1.ll'J 312.5 FEEl'i
<br />'llRrn IN A VESIER[X ~lU.'J' fEl, 0 FEEI'i 'llRrn IN A N:RIEmX L111M..:UU,\f 312.5 FEEI'i 'llIiN::E.JN
<br />iN EASJERU{ LllM:i..:nCN 6CJ7 . 0 FEEl' '10 'TIE roJNI' CF EmlJ:\NIN3
<br />A.P .N.: 4002CS2g]
<br />which currently has the address of 908 EAST CAPITAL AVE
<br />
<br />[Street]
<br />
<br />GRAND ISLAND
<br />[City]
<br />
<br />, Nebraska
<br />
<br />68801
<br />[Zip Code]
<br />
<br />("Property Address"):
<br />
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property. "
<br />
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any
<br />encumbrances of record.
<br />
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />
<br />UN1FORM 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 interest on, the debt evidenced by the Note and any prepayment charges and late
<br />charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due
<br />under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other
<br />instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid,
<br />Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in
<br />one or more ofthe following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check. bank check,
<br />treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured
<br />by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer.
<br />
<br />NEBRASKAuSingle Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />Form 3028 1/01 Page 2 of 11
<br />
<br />DocMaglc ~ 800-649-7362
<br />www..docmaglc.com
<br />
<br />No3028.dot.xml
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<br />If
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<br />III 1111 111111111111111111111111111111111111111111111111111111111111111
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