201208983 - Laserfiche WebLink

Browse

201208983 and agreements. Foc this purposc, Borrower irrevocably graiits and conveys to Trustee, in trust, with power of sale, the followi�ig described properry located in HALL Couuty, Nebtaska: LC7P 16, R&B SECC%�ID SOffi�IVISIQV, IT� 'IHE CI'IY OF C�PI�ID ISLADID, HALL C�IVIY, I�IISKF'• A.P.N. : 400160412 «�hich has the aAdress of 4 0 6 6 ZOLA LN �snce�� GRAND I SLAND , Nchraska 6 8 8 0 3 ("Property Address"): �L;�yl [zip coae] TOG�THL�R WITII all the improvemcn�s uow or herexfler erecYed on the properry, and all easements, appurtenances, and fixt�res now on c�rcafter a part of the properry. All rcplacemenks and additions shall also be covered by this Security Instrmnent. All of the forzgoing is refereed to in this Security lnstrumeut as tlze"Property." Borrower understands and agrees that MERS holds ouly legal title to the intcrests granted by Borrower in this Security Instrwnent; but, if necessary�u comply with law or custom, MERS(as notttinee for Lende�and Lender's successors and assigns)has thc ri�ht tn exercise any or all of thosc interests, including, btit not limited to, the right to foreclosc and sell thc Property; and to take any action required of Lender including, but not Jimited to, releasing ox canceling this Security lnstrumcnt. BORROWLR COVENANTS that Borrowcr is lawfully seised of the estate hereby couveyed and ha.s the right to grant and convey the Property and fliat the Properry is unencuivbered, escept for cncumbrances of record. f3orro��er warrants and will defend generally thc [itle to Che Property against all claims and demands, subject to any encumbrances of'record. TH1S SECliRITY I VSTRUMENT combines uniform covenatits for nationa]use snd non-utiiform covenants with limited variarions by jurisdiction to eonstiNte a uniform suurity instrument covering real property. UNIFORM COVENANTS. Borro��er and Lendcr covenazit and agree as follows: 1. Payment of Principal, Intcrest aod Late Chargc. Borrowcr shall pay ��hen due the principal of, and interest on, the <lebt cvidcnced by The Note and latc charges due mzdcr the Note. 2. Monthly Payment af Taxes, [nsurance, and Other Charges. Borrower shall include in each monthly pnymcnL, together with the principal and interesL�s set forth in the Note and any late charges, a sum Yor(a)taxes and s�ecial assessments levied or to be levied against the Property, (b) leasehold payments nr ground rents on the Property, and(c)premiurus for insurance required uuder paragraph 4. Hi airy year in which the Lender must pay a modgage iusurauce premium to the Seeretary of Ilousing and Urbau Development("Secretary"), or in any year in whicli such preuiium would httvc been ruluired if Leiider still held t�e Security H2strument, each montlfly payment shall nlso include either. (i)a sum for the�nnttal inortgage insurance prcinium to be paid by Lender to[he Secretary, or(ii)a inontl�ly charge instcad of amortgage insurance premiam if this Security lnstrument is held by the Secretary, iu a reasonable amounl lo be determiued by the Seerelary. tixcept for the monthly charge by the Sccretary,tl�esc items are called °F.dcrow Items" and the surus paid t�o Lender are called "H'scrow Fundti." Lender may, at any time, collect and hold amounts for Escrow Items in an aggteglte amoiutY not to cxceed the inaximum amount that may be required for Borrower's escrow accoimt under the Real EsTatc Sett]emenL Proceclures Act of 1974, 12 U.S.C. §2601 et seq. and implementing regulations, 24 Cb'R Part 35U0, as tl�ey may 6e amended FHA NEBRASKA DEED OF TRUST - MERS DocMaglc�,�s'1P'�� NE�OTZ.FHA 07/03l12 Page 2 of 9 . www.docmagic.com