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2U1104759
<br />❑ Adjustable Rate Rider
<br />❑ Balloon Rider
<br />❑ VA Rider
<br />❑ Condominium Rider
<br />❑ Planned Unit Development Rider ❑ 1-4 Family Rider
<br />❑ Biweekly Payment Rider ❑ Other(s) [specifyj
<br />❑ Second Home Rider
<br />(n "Applicable Law"means all contxolling applicable federal, sta.te and local sta.tutes, regulations, ordinances and
<br />administrative rules and orders (that have the effect of law) as well as a11 applicable final, non-appealable judicial
<br />opinions.
<br />(,n "Comrraunity Association Dues, Fees, and Assessments " means a11 dues, fees, assessments and other charges that
<br />are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.
<br />(I� "Electronic Funds Transfer" means any transfer of funds, other tha.n a tra.nsaction ariginated by check, dra,ft, or
<br />similar paper insttument, w}uch is initiated through an electronic terminal, telephonic insirument, computer, or magnetic
<br />tape so as to order, instruct, or authorize a financial institution to debit or credit au accoun� Such term includes, but
<br />is not limited to, point-of-sale lransfers, automated teller ma.chine transactions, transfers initiated by telephone, wire
<br />transfers, and automated clearinghouse transfers.
<br />(L) "Escrow Items " means those items that are described in Section 3.
<br />(Nn "Miscelluneous Proceeds" means any compensation, settlement, award of damages, or pzoceeds paid by any
<br />third parly (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 a11 or any part of the Property; (iii) conveyance in
<br />lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(1� "Mortgage Insurance" means insurance protecting Lender aga.inst 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, plus
<br />(ii) any amounts under Section 3 of this Security Instrumen�
<br />(P) "RESPA " means the Real Estate Settlemettt Procedures Act (12 U.S.C. 5ection 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 tbe same subject matter. As used in this Security Ins�vment, RESPA
<br />refers to all requirements and restrictions that are imposed in regard to a"federally related mortgage loan" even if the
<br />Loan does not qualify as a"federally related mortgage loan" under RESPA.
<br />(Q) "Successor in Interest of Bort-ower" mea.ns a.ny party that has taken title to the Property, whether or not that pariy
<br />has assumed Borrower's obligations under the Note a.nd/or this Security Insirumen�
<br />Transfer of Rights in the Property. This Security Insttument secures to Lender: (i) the repayment of the Laan, and
<br />a11 renewals, extensions and modifications of the Note; and (n) the performance of Borrower's covenants and agreements
<br />under this 5ecurity Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in
<br />taust, with power of sale, the following described property located in the County [Type of Recording Jurisdiction] of Hall
<br />[Name of Recording Jurisdiction] The Sautherly Thiriy Six Feet (36`) of Lot Thirty Nine (39) and the Northerly Twenty
<br />Eight Feet (28") of Lat Fort�jr (40), West Heights Second Addition to the City of Grand Island, Hall County, Nebraska..
<br />Parcel ID Numbez: 400114895 which curtently has the address of 522 Sherma.n AVE [Street] Gra.nd Island [City],
<br />Nebraska 68803-4241 [Zip Code] ("Property Address"):
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances,
<br />and fu�tures naw ar hereafter a part of the properly. All replacemenis a.nd additions shall also be covered by this Security
<br />Instrument. All of the foregoing is refened to in this Security Instrument a.s the "Property."
<br />BORROWER COVENANTS that Bonower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey the Property and tha.t the Praperty is unencumbered, except for encumbrances of record. Borrower warrants
<br />a.nd will defend generally the title to the Property against a11 claims and demands, subj ect to a,ny encumbra.nces of record.
<br />HCFG-00359
<br />NEBRASKASingle Famity-Fa��le MaetFreddie Mac UNIFORM INSTRUMENT Form 3028 7l01
<br />VMP�
<br />Woiters Kluwar Flrmrxial Ss�vt� 201106174.0.0.0.4002-J20110224Y Pege 2 oi 13
<br />3 1
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