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<br />(K) "Electronic Funds Traatsfer" zxxeans any transfer of funds, other than a transaction originated by check, draCt,
<br />or similar paper instrunnent, which is iz�itiated through an electronic terminal, telephonic instrument, computer, or
<br />inagnetic tape so as to order, instruct, or authorize a financial institution to deUit or credit an accaunt. Such ierm
<br />includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiateci by
<br />telephvne, wire transfers, and automated clearinghouse transfers.
<br />(L) "Escrow Items" means those it�ms that are desctibed in Section 3.
<br />(M) '!M3seellat�eous Proceeds" means any compensation, settlement, award of darnages, ot proceeds paid by any
<br />third parfy (other than insurance proceeds paid under the coverages descriUed in Section 5) for: (i) damage to, or
<br />destruct'lpn of, the �roperty; (ii) condemnation or otkaer taking of all or any part of the Property; (ili) conveyance in
<br />lieu af'coandemnation; or (iv) misrepresentations of, or onnissions as to, fhe value and/or cnnditzon of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lezader against the nonpayment of, or default on, the Loan.
<br />(0) "Pexiodic �ayment" means the regularly scheduled amount due for (i) principal and interest under the Note,
<br />plus (ii) any amounts under Section 3 of this Security Instrument.
<br />(I') "RESPA" means the Real Estat� Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing
<br />regulation Regulation X(24 C.F.R. Part 3500), as they might be amended from time to tizne, or any additional or
<br />successor legislation or regulation that governs the same subject matCer. � 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 i.,oan do�s not qualify as a"federally related nnortgage loan" under RESPA.
<br />(Q) "Successor in interest oF Borrower" nneans any party that has taken title to the Property, whetl�ear or z7ot that
<br />party has assumed Borrower's obligations under tk�e Nate and/or this Security Instruz�nent.
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />This Security Instrument secures to Lender: (i) the repayxnent of the Loan, and all renewats, extensions and
<br />modificatibns of the Note; and (ii) the performance of Borrower's cavenants and agreements under this Security
<br />Instrument arid the Note. �or this purpose, Borrower irrevocably grants and cvnveys to Trustee, in trust, with power
<br />of sale, the fpllowing ciescribed property located in the
<br />COUNTY of HALL .
<br />(Type of Recording 7urisdiction] [Name of Recording 7urisdictian]
<br />LQI' SIX �6�i�► S� ��N, IN 'IHE C:IIY C�' C�D IS[.ADD, F�II� CQSTIY, I��
<br />A.P.N.:40049344q *Block Eight (8)
<br />which, currently has the address of 2 q 15 EBONY LANE
<br />[Streetj
<br />GRA.ND � SLAND , Nebraska 6 8 8 0 3 ("Property Address"):
<br />[City] fZip Code]
<br />'I'OGETHER WITH all the improvemeants now or her�after erected on the property, a�id a11 easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and ad�litions shall also be
<br />covered by this Security lnstrument. All of the for�gving is referred to in this Security Instrument as tl�e "Property."
<br />BORROWER COVENAIVTS that Borrower is lawfully seised of the estate hereby conveyed and has tl�e right
<br />to gran�t and convey tl�►e Property and that the Property is unencunnbered, except for encumbrances of recurd.
<br />Borrawer warrants and will defend generally the title to the Property against a11 claims and demands, subject to any
<br />encumbrances of record.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform cove�aants with
<br />litz�ited variations by jurisdiction to constitute a unifox�m security instrument covering real property.
<br />UNIFORM COV�NANTS. Barrawer and Lender covenanl and agree as follows:
<br />1. Payrnent of Principal, Tnterest, 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 Iteans pursuant to SECtion 3. Payments due
<br />under the Note and this Security Instrument shall be rnade in U.S. currency. However, if any check or other
<br />instrument received by Lend�r as payment under the Note or tl�is Security Instrument is returned to Lender unpaid,
<br />L,ender may require that any or all subsequent payments due under the Note and this Security Instrucnent be madc in
<br />one or znore of the 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 sucti check is drawan upon az�, institution whose deposits are insured
<br />by a federal agency, instrumentality, ar entity; ar (d) Electronic �'unds Trar�sfer.
<br />N�BRASKA--Single Family--�annie Mae/Freddie Mac UNIPO R�M IN�f 1 RUMENT DocMagic ��cmagrc.com
<br />Form 3028 1101 9
<br />Ne3028.dot.xml
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