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20110167� TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the ...................................................R�.GI�TEROF.DE�4S........................,............................ of [Type of Recording Jurisdiction] FlA4l....... EXNIBIT A ....... ..... ............................,....................... . •.• IName of Recording Jurisdiction� which currently has the address of ............................................. 51�.W HU$K�9.H�N.Y.......................................... [streetl .............................. Al�QA..............................., Nebraska ...................68810..................... ��Property Address"): �Cityl IZip Code� TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as'the "Property." BORROWER COVENANTS; that ,Borrower is lawfully seised of the estate hereby canueyed 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-uniform covenants with limited variations by juxisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt 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 Security Instrutnent shall be made in U.S. currency. However, if any 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 subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentaliry, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other tocation 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 partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any righis hereunder or pre�udice 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 Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds untii Borrower makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrower. If not applied earliec, such funds wili be applied to the outstanding principal balance under the Note unmediately prior to foreclosure. No offset or claim which Borrower- might have uow or in the future against Lender shall relieve Borrower from making 'payments due under the Note and this Security Instrument or performing. the covenants and agreements secured by this Security Instrument. . 2. Application of Payments or Prceeeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the fotiowing order of priority: (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 Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges, second to any other amounts due under this Securiry Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges aad then as described in the Note. ' Any `application of payments, insurance proceeds, or Miscellaneous Proceeds to principai due under the Note shall not extend or postpone the due date, or change the amount, of the Periodic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Punds") to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain prioriry over this Security Instrument as a lien or encumbrance on the Property; (b) Leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in accordance with the provisions of Section 10. These items are called "Escrow Items." At origination or at any time during the term of the Loan, Lender may require that Communiry Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shail 6e an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive' Borrower's obligation to �ay to Lender Funds for an�+ or alC Escrow Items at any time. Any such waiver may oWy be in writing. In the event of such warver, Borrower shall pay directly, when` and where payable, 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 evidencing such payment within such time period as Lender may require. Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed to be a covenant and agreement contained in this 5ecurity Instrument, as the phrase "covenant and agreement" is used in Seciion 9. If Borrower �s obligated to pay Bscrow Items directly, pursuant to a waiver, and Borrower NEBRASKA—Single Family—Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 7/07 Bankers Systems, Inc., St. Cloud, MN Form MD-1-NE 8/17/2000 (pagt 2 of 7pages)