2o11a���s
<br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges
<br />that are imposed on Borrower or the Properry by a condominium association, homeowners association or similar
<br />organization.
<br />{I� "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft,
<br />or similar paper instrument, which is initiated through an electronic ternunal, telephonic instrument, computer, or
<br />magnetic tape so as to order, instruct, or authorize a financial institution to debit ar credit an account. S�ch term
<br />includes, but is not limited to, point-of-sale transfers, automated;teller machine transactions, transfers initiated by
<br />telephone, wire transfexs, and automated'clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(1V� "Miscellaneous Proceeds° means any compensation, settlement, award of damages, or proceeds paicl by any
<br />thixd party (other than insurance;proceeds paid under the coverages described in Section 5) for: (i) dannage;to, ox
<br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in
<br />lieuaf conde�nnation, or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. ,
<br />(N) "Mortgage Tnsurance" 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 Securiry Instrument.
<br />(� "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implentLenting
<br />regulation, Regulation X(24 C.F.R. Part 3500); as they might be amended from time ko time; or any additional ox
<br />successor legislaCion or regulation that governs the same subject matter. As used in this Security Instrument,
<br />"RESPA ° refers to all requirements and restrictions that axe 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 Interest of Borrower" means any party that has taken title to the Property, whether ar 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 Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and
<br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under ktus Security
<br />Instrument and the Note. For thispurpose, Borrower irrevocably grants and conveys to Trustee, in trast, with power
<br />of sale, the following deseribed properry locafed in the
<br />COUNTY of HALL
<br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction)
<br />: LOT 6,>JEFFREY OAKS 5TH SUBDTVISION IN THE CITY OF GRAND ISLAND,
<br />HALL CQUNTY,;NEBRASKA
<br />which currenfly has the address of 2110 ATL.ANTA ST
<br />[Street]
<br />GRAND I SLAND , Nebraska 6 8 8 0 3 ("Property Address"):
<br />[CitYl [Zip CodeJ
<br />TOGETHBR WITH all the improvements now or hereafter erected on the praperty, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />covered by this Security Inskrument. A11 of the Poregoing is referred to in this Security Instrument as the "Property. °
<br />BORROWBR COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record,
<br />Borrower warrants; and will defend generally the title to the Property against all claims and demands; subject to any
<br />enculnbrances of reeord.
<br />THIS SBCURITY INSTRUMENT combines wuform covenants for national use and non-uniform covenants with '
<br />Iimited vaxiadons by jurisdiction ta constitute a uniform security instrument covering real property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment af 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 Iate
<br />chaxges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due
<br />under the Note and this Securiry Instrument shall be made in U.S. currency. However, if any check ox other
<br />instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid,
<br />Lender may require that any or all subsequenfpayments due under the Note and this Securiry Instnunent be made in
<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNiFORM INSTRUMENT DocMaglc�
<br />Form 3028 1(01 Page 2 of 11 www.doemagic.com
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