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KEVIN S KISER TINA KISER 10/14/2011
<br />TRANSFER OP RIGHTS 1N THE PROPERTY � 011 Q 7 819
<br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications
<br />of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instxvment and the Note.
<br />For this purpose, Borrower irrevocably grants and conveys to Trustee, in tntst, with power of sale, the following described
<br />property located in the County of HALL .
<br />THfi FOLLOWING DESCRIBED REAL FsSTATE IN HALL COUNTY, NEBRASKA: LOT 12,
<br />ARGO FOURTH SUBDIVISION, VTLLAGE OF ALDA, HALL COUNTY, NEBRASKA. TAX
<br />ID: 400173190.
<br />BFsING THE SAME FEE SIMPLE PROPERTY CONVEYED BY WARR.ANTY DEED FROM
<br />BRUCE D. MCALEVY AND JANET E. MCALEVY H[TSBAND AND WIFE JOINT TENANTS
<br />TO KEVIN S. KISER, DATED 04/28/1995 RECORDED ON 05/02j1995 IN
<br />INSTRUMENT NO 95-102848, IN HALL COUNTY RECORDS, STATE OF NE.
<br />which currently has the address of 12 vENUS STREET
<br />ALDA , Nebraska
<br />6 8 810 ("Property Address"):
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered
<br />by ttus 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 to
<br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower
<br />warrants and will defend generally the title to the Property against all claiuns and demands, subject to any encumbrances
<br />of record.
<br />THIS SECURITY IN5TR.UMENT combines uniform covenants for national use and non-uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security insttument 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. Borrower shall
<br />pay when due the principal of, and interest on, the debt evidenced by the Note 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 under
<br />the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received
<br />by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that
<br />any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following
<br />forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's
<br />check, provided any sucb check is drawn npon an institution whose deposits are insured by a federal agency,
<br />instrumentality, or entity; or (d) Electronic Funds Transfer.
<br />Payments are deemed received by Lender when received at the location designated in the Note or at such other
<br />location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any
<br />payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may
<br />accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or
<br />prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such
<br />payments at the time such gayments are accepted. If each Periodic Payment is applied as of its scheduled due date, then
<br />Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower malses payment
<br />to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such
<br />funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance
<br />under the Note immediately prior to foreclosure. No offset or claim wluch Bonower might have now or in the future
<br />against Lender shall relieve Borrower from making payments due under the Note and this Security Instiument or
<br />performing the covenants and agreements secured by tlus Security Instrument.
<br />2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments
<br />accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note;
<br />(b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic
<br />Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges, second to any
<br />other amounts due under this Security Instrument, and then to reduce the principal balance of the Note.
<br />If Lender receives a payment from Bonower for a delinquent Periodic Payment which includes a sufficient
<br />amount to pay any late charge due, the paymeut may be applied to the delinquent payment and the late charge. If more
<br />than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of
<br />the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists
<br />after the paynaent is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late
<br />charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note.
<br />Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note
<br />shall not extend or poslpone the due date, or change the amount, of Periodic Payinents.
<br />NEBRASKA-Single Family-�Fannie Mae/Freddie Mac UNIFORM IlVSTRUMENT Form 3028 1/Ol
<br />NE21oM-24/2010 Original(Recorded) Copy(Branch) Copy(Customer) Page2of8
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