201401401 - Laserfiche WebLink

Browse

LEGAL DESCRIPTION: THE LAND IS SITUATED IN THE STATE OF NEBRASKA, COUNTY OF HALL, CITY OF GRAND ISLAND, AND DESCRIBED AS FOLLOWS: LOT SEVEN (7), BLOCK TEN (10) IN THE ORIGINAL TOWN, NOW CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. APN: 400000792 REFERENCE NUMBERS OF DOCUMENTS MODIFIED: RECORDED DECEMBER 16, 2009 INSTRUMENT NO. 200909893 Tax Parcel No: 400000792 which has the address of 410 W 6TH ST, GRAND ISLAND, NEBRASKA 68801, ( "Property Address "); TOGETHER WITH all the improvement now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the forgoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that the Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and convey the Property and that Property is unencumbered, except for encumbrances of record. The Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non- uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. The Borrower and the Lender /Mortgagee covenant agree as follows: UNIFORM COVENANTS. 1. Payment of Principal. The Borrower shall pay when due the principal of the debt evidenced by the Note. 2. Borrower Not Released; Forbearance by Lender /Mortgagee Not a Waiver. Extension of the time of payment of the sums secured by this Security Instrument granted by the Lender /Mortgagee to any Successor in interest of the Borrower shall not operate to release the liability of the original Borrower or the Borrower's successor in interest. The Lender /Mortgagee shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or the Borrower's successors in interest. Any forbearance by the Lender /Mortgagee in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. 3. Successors and Assigns Bound; Joint and Several Liability; Co- Signers. The covenants and agreements of this Security Instrument shall bind and benefit the successors and FHA Subordinate Mortgage (page 2 of 4 pages) 1111 ttg- K'tt 1 201401 401 Loan Number 1018196732