1 ' I � I :, :
<br />"Community Association Dues, Fces, and Ass�sments" means all dues, fees, assessments and other chazges
<br />aze imposed on Borrower or the Property by a condominium association, homeowners association or sunilar
<br />[� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft,
<br />r similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or
<br />iagnetic tape so as to order, instruct, or authorize a fmancial institution to debit or credit an account. Such term
<br />icludes, but is not lunited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by
<br />:lephone, wire transfers, and automated clearinghouse transfers.
<br />L) "Escrow Items" means those items that are described in Section 3.
<br />Vn "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid by any
<br />urd parly (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or
<br />estruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in
<br />eu 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 />D) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note,
<br />lus (ii) any amounts under Section 3 of this Security Instrument.
<br />P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing
<br />egulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or
<br />uccessor legislation or regulation that governs the same subject matter. As used in this Security Instrument,
<br />RESRA" refers to all requirements and restrictions that are nnposed in regard to a"federally related mortgage loan"
<br />ven if the Loan does not qualify as a"federally related mortgage loan" under RESPA.
<br />�"Successor in Inter�t of Borrower" means any parly that has taken title to the Property, whether or not that
<br />�arty has assumed Borrower's obligations under the Note and/or this Security Instrument.
<br />FER OF RIGHTS IN THE PROPERTY
<br />is Security Instrumenf s�ures to Lender: (i) the repayment of the Loan, and all renewals, extensions and
<br />�difications of the Note; and (ii) the performance of Bonower's covenants and agreements under this Security
<br />�trument and the Note. For this purpose, Bonower inevocably grants and conveys to Trustee, in trust, with power
<br />sa1e, the following described property located in the
<br />COUNTY � of HALL •
<br />[Type of Recording Jurisdicdon] [Name of Recording Jurisdicflon]
<br />�T TEN (10), BLOCK TWENTY FIVE (25), RUSSEL WHEELER'S ADDITION
<br />� THE CITY OF GR.AND ISLAND, HALL COUNTY, NEBRASKA
<br />.P.N.: 400121247
<br />currently has the address of 3 0 4 W 10 TH S T
<br />GR.AND I S LAND , Nebraska 6 8 8 01 ("Property Address"):
<br />[Ciry] [Zip Code]
<br />TOGETHER WITH a11 the improvements now or hereafter erected on the properly, and all easements,
<br />tenances, and fixtures now or hereafter a part of the property. All replacements and additions sha11 also be
<br />ed by this Security Instrument. All of the foregoing is refened 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 />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 />xi variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />[Street]
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Bonower sha11
<br />when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late
<br />�ges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due
<br />�r the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other
<br />ument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid,
<br />der may require that any or a11 subsequent payments due under the Note and this Security Instniment be made in
<br />Mae/Freddie Mac UNIFORM INSTRUMENT
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