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2ai�oo3so TI2ANSFER OF RIGHTS JN THE PROPERTY This 5ecurity Iustrument secures to Lender: (i) the repayment of the Laan, and all renewals, extensioas and modifications of the Note; and (ii} the performance of Borrower's covenants and agreements under this Securiry Iustrumeut and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee in trust, with power of sale, the following described propertylocated in the .................................. ........... ��U.I�YY............ ..........................................., of [Type of Recording Jurisdictianj HA�I, ...................................................................................... IName nf Reaording Jurisdiction] SEE ATTACHEp LEGAL �ESCRIPTIQN which currently has the address nf ................ .... ................5830, �ORTH,1,�QTH. ROAD ........................................ . .. [street] . ........ . CA,�RU . . . . . . . . .. . .... ... . . .. . . . . . . . , Nebraska . . . . . . . . . ...... ... �$$��. . .. , . . . . . . . .. . . . . . � Address"): ................... [Gityl [Zip Codej . TOGETHER WITH all the improvemeuts now or hereafter erected on the property, and all easements, appurtenances, and fixtures now ar hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred ta in this 5ecurity Instrument as the "Properiy. " BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-unifarm covenants with liznited variations by jurisdiction to constitute a uuiform security iustrurnent covering real properiy. UNIFORM COVENANTS. Borrower and Lender covenant aud agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay wtien due the principal of, and interest on, the deht evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Securiry Instrument shall be made in U.S. currency. However, if auy check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequeut payments due uuder the Note and this Security Instrument be rnade in one oc more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bauk check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federai agency, instrumentality, or entiry; or (d) El�ctronic Funds Trapsfer. Payments are deexned received by Leuder when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or pactial payrnents are insuff�cient to bring the I,aan current. Lender may accept any payment or partial papment insufficient to bring the Loan current, without waiver of any rights hereuuder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Per�odic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payment to pring the Loan current. If Borrnwer does not do so within a reasonable period of tune, Lender shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance uader the Note ixnmed'rately prior to foreclosure. No offset or claim which �orrower might have n,ow or in the future against Lender shall relieve Barrower from making payments dae under the Nnte and this Security Instrument or performing the covenants and agreements secured hy this 5ecurity lnstrument. 2. Application af Fa�nnents or Proceecls. Except as otherwise described 'rn this Section 2, all payments accepted and applied by Lender shall be applied in the following order of prioriry: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Paytzient in the ocder in which it became due. Any remaining amounts shall be appl'red first to late charges, second to any other amounts due under this Security Instrurnent, and then to reduce the principal balance of the Note. If Lendec receives a payment from Borrower for a delinquent Periodic Payment which includes a safficient atnount to pay any late charge due, the payment may be applied to the deliuquent payment and the late charge. If more than one Periodic Payment is outstaading, Lender may apply any payment received from Borrower to the repayment of the Periadic Payments if, and to the extent that, each paqment can be pa�d in full. To the extent that any excess exists after the payment is applied to the full payrnent of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayrnents sha11 be applied ficst to any pxepayment charges and then as described in the Note. Auy application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or pastpone the due date, or change the amount, of the Periodic Payments. 3. Funds for Escraw Items. Borrawer shall pay to Lendex on the day Periodic Payments are due under the Note, until tk�e Note is paid �n �urr a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Security Instrwnent as a lien nr encumbrance an the Property; (b) leasehold paym.ents ar ground reuts on the Property, if any; (c) premiums far any and all insurance required by Lender uuder Section S; and (d) Mortgage Insurance premiums, if any, or any suxns payable by Borrower to Lender in lieu of the payn:ient of Mortgage Insurance premiwms in accordance with the provisxons of Section 10. Tk►ese items are called "Escrow Items." At origination or at any time durin the term of the Loan, Lender may require that Community Association Dues, Pees, and Assessments, if any, be escrowed by �orrower, and such dues, fees and assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower sha11 pay Lender the Funds for Escrow Items unless Lender waives Borrower's abligation to pay the Funds for any or all Escrow Ttems. Lender may waive Borrawer's obligation to �ay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only be in writiug. In the event nf such wa�ver, Borrawer shall pay directly, when and where payahle, the amounts due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires, shall furnish to Lender receipts evxdencing such payment within such time period as Lender may require. Borrower's obligation to make such paymeats and to provide rec�ipts shall for all purposes be deemed to be a covenant and apreement coutained in tbis Secuc�ty Instrument, as the phrase "covenant and agreement" is used in Section 9. Tf Borrower is obligated ta pay Escrow Items directly, pursuant to a waiver, and Borrower NEBRASKA-5ingle Family—Fannie Mae/Freddie M�c UNIFORM INSTRUMENT �m 3 8 1 01 Bankars Systema, Inc., St. Ctoud, MN Form M�-1-NE 6/17l2000 (piage 2 of 7pages) ��