201209793 - Laserfiche WebLink

Browse

201209793 TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Security Instrument is MERS(solely as nominee for Lender and Lender's successors and assigns) and to the successors and assigns of MERS.This SecuriTy Instrument secures to Lender:(i)the repayment of the Loan, and a11 renewals, extensions and modificafions of the Note; and (ii)the performance of BorrowePs covenants and agreements under this Security Insfrument and the Note.For this purpose,Borrower irrevocably grants and conveys to Trustee,in trust,with power of sale,the following descrihed properiy located in the County of Hall: See Attached E�ibit A which currently has the address of 180 Ponderasa Ct � - GRAN➢ISLAND,NEI6RASKA 68803,("Property Address"): TOGETf�R WITH all the unprovements now or hereafter erected on the properry, and all easements, . appurtenances,and fixtures now or hereafter a part of the property.All replacements and additions shall also be covered by tlus Security Instrument.All of the foregoing is referred to in this Security Instrument as the"Property."Borrower understands and agrees that MERS holds only lega(tide to the interests granted by Boaower in this Security Instriunent, but,ifnecessary to comply with law or eustom,MER5(as nominee forLender and Lender's successors and assigns)has the right:to exercise any or all of those interests,including,but not limited to,the right to foreclose and sell the Property; and to take any acrion required of Lender including but not limited to,releasing and canceling this Security Instrument. . BORROWER COVENAI�TTS that Borrower is lawfulty seized of the estate here6y conveyed and has the right fo �rant and convey the Property and that the Property is unencumbered except for encumbrances of record.Borrower warrants and will defend generally the title to the Properry against all claims and demands,subject to any encumbrances ofrecord. � THIS SLCURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction fo consritute a uniform securiry instrument covering real property. LJNIFORM COVENANTS.Borrower and Lender covenant and agree as follows: 1.Payment of Principal,Interest,Escrow Items,Prepayment Charges,and Late Charges.Bonower shall pay � when due the principal of,and interest on,the debt evidenced by the Note and any prepayment chazges and late chazges due under the Note.Borrower shall also pay funds for Escrow Items pursuant to Section 3.Payments due under the Note and this Security Instrument shall be made in U.S. currency.However, if any check or other insfrument xeceived by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid,Lender may require that any or all subsequent payments due under the Note and this Security Inst�vment be made in one or more of the following forms,as selected by Lender:(a)cash;(b)money order;(c)certified check,bank check,treasurer's check or casUier's check, provided any such check is drawn upon an institution whose deposits aze insured by a federal agency, instrumentality,or entity;or(d)Elechonic Funds Transfer. Payments aze deemed received by Lender when received at the locarion designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15.Lender may retum any payment or partial payment if the payment or paRial payments aze insufficient to bring tl�e Loan current.Lender may accept any payment or partial payment insufficient to brin�the Loan current without waiver of any ri�hts hereunder or prejudice to its rights to refuse such payment or partial payments in the future,but Lender is not o6ligated to apply sucl� payments atthe tune sueh payments aze accepted.If each Periodic Payment is applied as of its scheduled due date,then Lender need not pay interest on unapplied funds.Lender may hold such unapplied funds until Borrower makes payment to bring the I,oan current.If Botrower does not do so wiThin a reasonable period of time,Lender shall either apply such funds or retum them to Borrower.If not applied earlier,such funds wIll be applied to the outstanding principal balance under the Note immediately prior to foreclosure.No offset or claim which Borrower might have now or in tl�e future against Lender shall relieve Borrower &nm making payments due under the Note and this Security Insfrument or performing the covenants and agreements secured by this Security Instrument. NEBR4SKA-Single Family-Fannie MaelFreddie Mac UNIFORM�INSTRUMENT with MERSForm 3028 1/07 Page 3 of 13 ios,mo. Borzower(s)InRiais�