201500945 - Laserfiche WebLink

Browse

201500945 (P) "RESPA"means the Rea1 Estate Settlement Procedures Act(12 U.S.C. Section 2601 et seq.)and its implementing regulation,Regulation X(12 C.F.R. Part 1024), as they might be amended from time to time,or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, RESPA refers to a11 requirements and restrictions that are imposed in regard to a"federally related mortgage loan" even if the Loan does not qualify as a °federally related mortgage loan"under RESPA. (Q) "Successor in Interest ofBorrower"means any party that has taken title to the Property,whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. Transfer of Rights in the Property. This Security Instrument secures to Lender: (i)the repayment of the Loan, and a11 renewals,e�tensions and modifications of the Note;and(ii)the performance of Borrower's covenants and agreements under this Security Instnunent and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee,in trust,with power of sale,the following described property located in the County[Type of Recording Jurisdiction]of Ha11[Name of Recording Jurisdiction] SEE ATTACHED LEGAL DESCRIPTION. Parcel ID Number: 400089602 which currently has the address of 710 W 12TH ST [Street] GRAND ISLAND [City],Nebraska 68801-3751 [Zip Code] ("Property Address"): TOGETHER WITH a11 the improvements now or hereafter erected on the property,and a11 easements, appurtenances,and fi�t.ures now or hereafter a part of the property.All replacements and additions sha11 also be covered by this Security Instrument.All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant 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 Property against a11 claims and demands, subject to any encumbrances of record. T'HIS 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. Uniform Covenants. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest,Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of,and interest on,the debt evidenced by the Note and any prepayment charges and late charges 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 sha11 be made in U.S. cunency. However,if any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid,Lender may require that any or a11 subsequent payments due under the Note and this Security Instnunent be made in one or more ofthe following forms, as selected by Lender: (a)cash; (b)money order; (c)certified check,bank check,treasurer's check or cashier's check,provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instiumentality, or entity; or(d)Electronic Funds Transfer. HCFG-00359 NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 30281/01 VMP� 07/14 Wotters Kluwer Financial Services 201502024.1.0.2815-J20140729Y Page 3 of 17 *95584915