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� c � r <br />r <br />' t. <br />201109400 <br />(.n "Community Association Dues, Fces, and Assessments" means all dues, fees, assessments and other charges <br />that are imposed on Borrower or the Property 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 similaz paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or <br />magnetic tape so as to order, instruct, or authorize a fmancial institution to debit or credit an account. Such term <br />includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by <br />telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means those items that aze described in Section 3. <br />(1Vn "Miscellaneous Procceds" means any compensation, settlement, award of damages, or proceeds paid by any <br />third party (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 all 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 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 5ecurity Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §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 the same subject matter. As used in this Security Instrument, <br />"RESPA" refers to all requirements and restrictions that aze imposed in regazd to a"federally related mortgage loan" <br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. <br />(� "Successor in Inter�t of Borrower" means any pazty that has taken title to the Property, whether or not that <br />party has assumed Bonower's obligations under the Note and/or this Security Instniment. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instniment 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 this Security <br />Instrument and the Note. For this purpose, Borrower inevocably grants and conveys to Trustee, in trust, with power <br />of sale, the following described property located in the <br />COUNTY of Hall • <br />[Type of Recording Jurisdicdon] [Name of Recording Jurisdicdon] <br />Lot Eight (8} , V�Yiites S�ny Slopes Subdivision, Hall Cot�ty, Nebraska <br />A.P.N.: 400234971 <br />which currently has the address of 2 0 7 Sunny Dr . <br />[sueet] <br />Doniphan , Nebraska 6 8 8 3 2 ("Property Address"): <br />[City] [Zip Code] <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 <br />covered by this Security Instrument. All of the foregoing is refened to in this Security Instrument as the "Property." <br />BORROWER COVENANTS that Bonower 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 />Bonower wanants and will defend generally the title to the Property against all claims and demands, subject to any <br />encumbrances of record. <br />THIS SECURII'Y INSTRUMENT combines uniform covenants for national use and non-uniform covenants with <br />limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br />UNIFO�iM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. Paylment 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 />chazges due uiider the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due <br />under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other <br />instrument rer�eived by Lender as payment under the Note or this 5ecurity Instrument is retumed to Lender unpaid, <br />Lender may r�quire that any or all subsequent payments due under the Note and this Security Instrument be made in <br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT DocMaglcH�nu� <br />Form 3028 1/01 Page 2 of 11 www.docmagic.com <br />Ne3028.do[.unl <br />