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201009310
<br />(K) "Electronic �nds 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 ternunal, telephonic instrument, computer, or
<br />magnetic tape so as to order, instruct, or authorize a financial institution ta debit ar credit an account. Such term
<br />includes, but is not lirnited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by
<br />telephone, wire transfers, and automated clearinghouse transfers.
<br />(L) "Escrow Itetns" m�ans those items that are described in Section 3.
<br />(1� "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 />destructian of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in
<br />lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(1� "Mortgage Insurance" means insurance protecting Lender against the nanpayrnent of, or default on, the Loan.
<br />(0) "Periodic Payrnent" 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 />(P) "RESPA" means the Real Estate 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 time, or any additional or
<br />successar 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 rnortgage loan"
<br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA.
<br />(Q) "Successor in Interest of Borrpwer" rneans 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 />TRANSFER OF RIGHTS IN THE PROPERTY
<br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and
<br />rnodifications of the Note; and (ii) the perfornlance of Borrower's covenants and agreements under this Security
<br />Instrurnent 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 />COiJNTY of HALL .
<br />[Type of Recording 7urisdiction] [Name of Recording Jurisdiction]
<br />LOT 1, MAINLAND, LOCAT�D IN THE SOUTHEAST 1/4 OF SECTIQN 28,
<br />TOWNSHTP l0 NORTH, RANGE ii WEST OF TH� 6TH P.M., HALL COUNTY,
<br />NEBRASKA
<br />A.P.N.: 400221926
<br />which currently has the address of 114 9 0 W HOLL�NG ROA.D
<br />[Street]
<br />WOOD R I VER , Ncbraska 6 8 8 8 3 ("Property Address"):
<br />ICit9] [Zip Code]
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and �xtures now or hereafter a part af the property. All replacements and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is referred ta in this Security Instrument as the "Property."
<br />BORROWER COVENANTS that Borrawer is lawfully seised af the estate hereby conveyed and has the right
<br />to grant and convey the Property and that the Property is unencumbered, except for encurnbrances of record.
<br />Borrower warrants and will defend generally the title to Che Property against all claims and dernands, subject to any
<br />encumbrances of record.
<br />THIS SECURITY INSTRUMEN'T combines uniform covenants for national use and non-uniform covenants with
<br />lirnited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrawer 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 Iterns 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 />instzument received by I,ender as payment under the Note or this 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 Instrument be rnade in
<br />one or more of the following fprttis, as selected by L.ender: (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 institutian whose deposits are insured
<br />by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer.
<br />I��
<br />NEBRASKA--Single Family--Fannie MaelFreddie Mac UNIFORM INSTRUMENT DOCMA[J%C� 800-649-T362
<br />Form 3028 1/01 Pags 2 of 11 www.docmagic.cam
<br />Nc3U28. dat. r,ml
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