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<br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft,
<br />or sirnilar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or
<br />magnetic tape so as to order, instruct, or authorize a financial institution to debit ar credit an account. Such term
<br />includes, but is not limited to, point-of-sale transfers, autamated teller machine transactions, transfets 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 compensatian, settlement, award of damages, or proceeds paid by any
<br />third party (other than insurance proceeds paid under the coverages described in Section S) for: (i) damage to, or
<br />destruction of, the Property; (ii) condernnation or other taking of all or any part of the Property; (iii) conveyance in
<br />lieu of condernnation; 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 af, or default on, the Loan.
<br />(0) "I'eriodic Payment" 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 />(� "RESPA" means the Real Estate Settlement Proeedures Act (12 U.S.C. §2b01 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 />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 RESPA.
<br />(Q) "Successor i�� 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 />TRANSFER OF RIGHTS IN THE PROPERTY
<br />This Security Instrument secures to �.ender: (i) the repayment of the L,aan, and al1 renewals, extensions and
<br />modifications oF the Note; and (ii) the performance of Bvrrower's covenants and agreements under this Security
<br />Instrument and the Note. �'or 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 7urisdictionJ �Name of Recording 7urisdictionJ
<br />LOT EIGHT (8) AND THE NORTH ONE HALF (N1/2) OF LOT SEVEN (7),
<br />BLOCK TWO (2), WILL�AM �7. BURGER'S ADDITION TO THE VILLAGE OF
<br />DONTPHAN, HALL COUNTY, NEBRASKA
<br />A.P.N.: 4001$3Q21
<br />which currently has the address of 3].1. N CHURCH ST
<br />[Street]
<br />DONI PHAN , Nebraska �$ 8 3 2 ("Property Address"):
<br />[City] [Zip Code]
<br />TOGETHER WITH all the irnprovements now or hereafter erected on the property, and all easennents,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacernents and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is referred ta in this Security Instrunnent as the "Property."
<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 un�ncumbered, except for encumbrances of record.
<br />Sorrower warrants and will defend generally the title to the Property against a11 claims and dernands, subject to any
<br />encumbrances of record.
<br />THIS SECURITY INSTRUMEN'I' combines uniform covenants for national use and nnn-uniform cavenants wiih
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agrae as follows:
<br />1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Barrower shal l
<br />pay when due the principal of, and intexest on, the debt evidenced by the Note and any prepayment charges and lale
<br />charges due under lhe Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due
<br />under the Note and this Security lnstrument shall be made in U.S. currency. However, if any check or other
<br />inslrument received by I,ender as payment under the Note ar 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 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 such check is drawn upon an institution whase deposits are insured
<br />by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer.
<br />�`� �...�,
<br />NEBRASKA--Single Family--Fannie MaelFreddie Mac UNIFORM INSTRUMEN7 q cM�giC �r aoo-sas iss2
<br />Form 3028 1101 Page 2 af 11 www.docmagic.com
<br />Ne3028.dol.xml
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