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20110401�
<br />)"Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft,
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or
<br />�gnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term
<br />;ludes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiat�i by
<br />ephone, wire transfers, and automated clearinghouse transfers.
<br />I"Escrow Items" means those items that aze described in Section 3.
<br />�"Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any
<br />rd party (other than insurance procceds paid under the coverages described in Section 5) for: (i) damage to, or
<br />�truction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in
<br />u of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Properly.
<br />)"Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />)"Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note,
<br />�s (ii) any amounts under Section 3 of this Security Instrument.
<br />I"RESPA" means the Rea1 Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing
<br />;ulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or
<br />icessor legislation or regulation that governs the same subject matter. As used in this Security Instrument,
<br />ESPA" refers to all requirements and restrictions that are nnposed in regard to a"federally related mortgage loan"
<br />�n if the Loan does not qualify as a"federally related mortgage loan" under RFSPA.
<br />)"Successor in Interest of Borrower" means any pariy that has taken title to the Property, whether or not that
<br />rty has assumed Borrower's obligations under the Note and/or this Security Tnstrument.
<br />FER OF RIGHTS IN THE PROPERTY
<br />is Security Instntment secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and
<br />rdifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security
<br />,trument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power
<br />sa1e, the following described properiy located in the
<br />COUNTY of HALL .
<br />[Type of Recording Jurisdiction] [Name of Recording Jurisdicrion]
<br />JT THIRTY EIGHT (38), IN FONNER VIEW SUBDIVISION, IN THE CITY OF
<br />�AND ISLAND, HA.LL COUNTY, NEBRASKA
<br />.P.N.: 400131056
<br />currently has the address of 1112 NEBRASKA AVE
<br />[Street]
<br />GR_AND ISLAND , Nebraska 68801 ("Property Address"):
<br />[City] [Zip Code]
<br />1
<br />TOGETHER WITH a11 the improvements now or hereafter erected on the properly, and all easements,
<br />rtenances, and fixtures now or hereafter a part of the properiy. All replacements and additions shall also be
<br />•ed by this S�urity Instrument. All of the foregoing is referred to in this Security Instrument as the "Properly. "
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />grant and convey the Property and that the Properiy is unencumbered, except for encumbrances of record.
<br />rrower warrants and will defend generally the title to the Property against all claims and demands, subject to any
<br />;umbrances of record.
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with
<br />� variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal, Intere.st, Escrow Items, Prepayment Charges, and Late Charges. Bonower shall
<br />� when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late
<br />�rges due under the Note. Borrower sha11 also pay funds for Escrow Items pursuant to Se,ction 3. Payments due
<br />ier the Note and this Se,curity Instrument sha11 be made in U.S. currency. However, if any check or other
<br />trument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid,
<br />ider may require that any or all subsequent payments due under the Note and this Security Instrument be made in
<br />; or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank che,ck,
<br />�surer's check or cashier's check, provided any such check is drawn upon an institution whose deposits aze insured
<br />a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer.
<br />ASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENI
<br />3028 1/01 Page 2 of 71
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