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<br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2501 et seq.) and its implementing regulation,
<br />Regulation X(24 C.F.R. Part 3 S00), as they might be amended from time to time, or any additional or successor legislation
<br />or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements
<br />and restrictions that are imposed in regard to a"federally related mortgage loan" even if the I.oan does not qualify as a
<br />"federally related mortgage loan" under RESPA.
<br />(R) "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 thas Security Instrument.
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />The beneficiary of this Security Instrument is MERS (salely as norninee for Lender and I.ender's successors and assigns) and
<br />the successors and assigns of MERS. This Security Instrument secures to L.ender: (i) the repayment of the L,oan, and all
<br />renewals, extensions and modifications oFthe Note; and (ii) the performance of Borrower's covenants and agreements
<br />under this Security Instrument and the Note. For this purpose, Borrower irrevocablygrants and conveys to Trustee, in
<br />trust, with power of sale, the following describad property located in the County
<br />of Hall [Type of Recording Jurisdictian]
<br />[Name of Recording Jurisdiction]
<br />Lot Thirty-Seven (37), Jeffrey Oaks Third Sabdivision, in the City of Grand Island, Hall County, Nebraska.
<br />which currently has the address of 4040 Norseman Ave
<br />[Street]
<br />Grand Island , Nebraska 68803 ("Properiy Address"):
<br />[CitY]
<br />[Zip Code]
<br />TOGETHER WITH all the irnprovements now or hereafter erected on the property, and all easements,
<br />appurtenances, and ftxtures now or hereafter a part of the property. All replacements and additions shall also be covered by
<br />this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower
<br />understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrumcnt, but,
<br />if necessary to comply with law or custom, MERS (as nominee for I.ender and I.ender's successors and assigns) has the right:
<br />to exercise any vr all of those interests, including, but not limited to, the right to foredose and sell the Property; and to take
<br />any action required of I.ender including, but not limited to, releasing and canceling this Security Instrument.
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to
<br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower
<br />warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of
<br />record.
<br />THIS SECLTRTfY INSTRLTMENT combines uniform covenants for national use and non-urtiform covenants with
<br />1imited variations by jurisdiction to constitute a uniForm security instrument covering real property.
<br />[JNIFORM COVENANT"S. Borrower and Lender covenant and agree as follows:
<br />1. Paynnent af Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. gonrower shall
<br />pay when due the principal 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 to Section 3. Payments due under the Note
<br />and this 5ecuriry Instrument shal l bc made in U. S. currency. However, if any chcck 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 payments 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; (b) 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 depasit,s are insured by a federal agency, instrumentality, ar
<br />entity; or (d) Electronic Funds Transfer.
<br />Payment5 are dcemed received by Lender when received at the lncation designated in the Note or at such other
<br />location as may be designated by Lender in accordance with the notice provisions in 5ection 15. L.ender may return any
<br />payment or partial payment ifthe payment or partial payments are rnsufficient to bring the T_,oan current. Lender may accept
<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UN1FdRM INSTRUMENT
<br />12439.CV (U08) 904737
<br />(MI:RS) Porm 3028 1/Ol (page 2 of 8 pa�es)
<br />Creative Thinking, Ine.
<br />GOTO(0013d989)
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