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2Q114�82�
<br />(I� "Electronic Funds Transfer" �neans any transfer of funds, other than a transaction originated by check, draft,
<br />or similar paper instrument, which is initiated through an electronic terminal, telephonic instrurrtent, computer, or
<br />magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term
<br />includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by
<br />telephone, wire transfers, and automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(iVn "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 />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in
<br />lieu of condeiru�ation; 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 of; or default on, the Loan.
<br />(0) "Periodic 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 />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.5.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 />successor legislation or regulation that governs the satne subject matter. As used in this Security Instrument,
<br />"RESPA" refers to ail 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 in lnterest of Borrower" ineans 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 Instruu►ent secures to Lender: (i) the repayment of the Loan, and ait renewals, extensions and
<br />modifcations of the Note; and (ii) the performance of Borrower's covenants and agreements under ihis Security
<br />Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power
<br />of sale, the foliowing describad property located in the
<br />COUNTY of Hal1 .
<br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction]
<br />Lot Nine (9), in B1ock Two (2), in Morris Addition to the City of
<br />Grand Island, Hall County, Nebraska
<br />A.P.N.: 400063735
<br />whicl� currently 6as the address of 117 W 19th St
<br />[Street]
<br />Grand I s 1 and , Nebraska 6 8 8 01 ("Property Address"):
<br />�C��Y� jZip Code)
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or hereafier a part of the property. All replacements and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />to grant and eonvey the Property and that the Property is unencumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title fo the Property against all claims and demands, subject to any
<br />encumbrances of record.
<br />THIS SECURITY INSTRU MENT combines uniform covenants for national use and non-uniform covenants with
<br />limited variations by jurisdiction to conslitute 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. Borrowershall
<br />pay when due the principal of, and interest on, the debt evidenced by the Noke and any prepayment charges and late
<br />charges due under the Note. Borrower shall also pay funds for Escrow Items 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 />instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid,
<br />Lender may requue 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, baolc check,
<br />treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured
<br />by a federa( ageney, instrumentality, or entity; or (d) Electconic Funds Transfer.
<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT pocMaglc�
<br />Form 3028 1/01 Page 2 of 11 www.docmagiCCOm
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