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201a0933�
<br />(K) "Electronic Funds Transfer" means any transfer of funcLs, other than a transaction originated by check, draft,
<br />or similar paper instrument, which is initiated thrnugh an electronic terminal, [elephonic instrument, cpmputer, nr
<br />magnetic tape so as to order, instruct, or authorize a financial institutinn tn debit nr credit an account. Such term
<br />includes, but is nnt limited to, point-of-sale transFers, automated telier machine transactinns, transfers initiated by
<br />telephone, wire transfers, and automated clearinghouse transFers.
<br />(L) "Escrow Items" means those items that are describcd in Section 3.
<br />(M) "Miscellaneous Proceeds" means any cumpensatinn, Settlement, award of damages, or prnceeds paid by any
<br />[hird party (other than insurance proceeds paid under the coverages described in Sec[inn 5) for. (i) damage tn, or
<br />deshuctinn of, the Property; (ii) condemnation nr other taking nf all or any part of the Hroperty; (iii) conveyance in
<br />lieu of condemnation; nr (iv) misrepresentations pf, nr omissions as tn, the value and/or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance prntecting Lender against the nonpayment of, or default on, the Loan.
<br />(U) "Periodic Payment" means the re�ularly scheduled amount due for (i) principal and interest undcr the Note,
<br />plus (ii) any amnunts under Section 3 of this Security Instrument.
<br />(P) "RESPA" means the Iteal Estate Settlement I'rocedures Act (12 U.5.C. §2G01 et seq.) and its implementing
<br />regulation, Regulation X(24 C. F.It. Nart 3500), as they miglit be amended from time to time, or any additional or
<br />sucecssor legislation or regulation that governs the samc subject matter. As usad in ihis Security Ins�rument,
<br />"RESPA" refers to all requirements and restrictions that are imposed in regard to a"federally related mortgage loan"
<br />even if the Loan dues not qualify as a"federally related murtgage loan° under RESPA.
<br />(Q) "Suceessor ln Interest of Borrower" means any party that has taken title to the 1'rnperty, whether or nnt that
<br />parfy has assumed Burrower's obligations under the Note and/or this Security Instrument.
<br />TRANSFER OF RIGHTS IN 7HE PROP�R7'Y
<br />l his tiecw ity lnstrument secures to Lender: (i) the repayment nf the I.nan, and all renewals, cxtensions and
<br />modifications of [he Nate; and (ii) the perfnrmance of f3nrrnwer's cnvenants and agreements under this Security
<br />Instrument and [he Note. For this purpose, $orrower irrevncahly grants and cnnveys tn'frustce, in u•ust, with power
<br />of sale, the li�llowing described property located in the
<br />COUNTY nf HALL
<br />C��YPe of Itecording JurisdictionJ [Nurne irf� RecurJing Juris
<br />IOI' FIVE (5) , V�IV� F�FdC IIQ�� 4F3�T�IiSTQ�, IN 'II]E CPIY C�' C�17 �SCT�T), H�i� CXZNIY, I�AS'f�1
<br />A.P.N.: 400420465
<br />which currently hns thc address of 4112 SANbALWQOD
<br />�SvcrtJ
<br />GRAND ISLAND , Nebraska 68803 ("I'rnperty Address"):
<br />I� ��Y] f Zi�� CadeJ
<br />TOGh I HER WIThI all the improvements nnw nr hereafter erected on [he property, and all casements,
<br />appwtenance5, and I'ixtwes now or hereaRer a part nf the prnperty. All replacemcnts and addi[iuns shall alsu be
<br />covered by this Security [nstrumenL All of the foregoing is referred tn in this ticcuri[y InsU'ument as ihe "Property."
<br />13(.)IZROWh:R COVENAN I ti that 13orrnwer is lawfully sciscd of [he cs'tate hereby conveyed and has the right
<br />to grant and convey the Property and that the Property is wiencumbered, except for encumbranecs uf record.
<br />Borrower wan emts and will defend generally the title to the I'rnperty a�;ainst all claims and dernands, subject ta any
<br />encumhrances of record.
<br />l l liti tihCUltl'l'Y INS"fItUMEN"I comhines unit'orm covcnants for na[ional use and nun-uniform covenants with
<br />limited variatinns by jurisdiction tn constitute a uniforni security instrumen[ covering rcal property.
<br />UNIFORM COVENANTS. Bnrrower and Lender cnvenant and agrec as follows:
<br />I. Payment of Principal, Intcrest, Escrow Items, Prepayment Charges, and Late Charges. Borruwer shall
<br />pay w}�en duc the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late
<br />chargcs duc under [he Note. k3orrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due
<br />under Ihe NuTC and this Securiry Instrument shall be made in Li.S. currency. Fiowever, iF any check nr nther
<br />insmument reccived by I.ender as payment under the Note or this Security Instrument is returned to L.ender unpaid,
<br />I.,cndcr may rcquire that any or all subsequcnt payments due under the Note and this Security Instrument be made in
<br />one ur more of Ihe folluwing forms, as selec[ed by Lender: (a) cash; (b) mnney nrder; (c) certified check, Uank check,
<br />tr«;asurer's check or cashier's check, provided any such check is drawn upon an institution whnse deposits arc insurcd
<br />by a federal agency, instrumentality, or entity; ur (d) Electronic Funds 7�ransfer.
<br />NEBRP,SKq--Single Famiiy--Fannie MaelFreddie Mac UNIFORM INSTRl1MENT pocMaglc�'�+nnsv�sa enn-eaaasaz
<br />Form 3028 1l01 Page 2 pf 11 www.docmaglc.cpm
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