201501454 - Laserfiche WebLink

Browse

��15�1454 Parcef I D N u m ber: 4D�l��8�7 which current�y has the address�f 3 I� E ��TH ST �StYeet� GRAND I SLAND ��`ity�, Nebraska �88�1 ��ip�'ode} ("Praperty Addr�ss"}: T��ETHER�LTITH all th�impr�vemen�s naw or hereafter ere�ted on the prop�rty, and all easements, appurtenan�es, and f x�ures n�v�or hereafter a part af the praperty. All replacements and additions sha1l also be covered by�his Security Instrumen�. Al1 �f the foregaing is referred�o �n�h�s Seeur�ty 7ns�rument as the "Property." Borrav►rer understands arid agrees that MERS halds oniy�egal��le to the�nteres�granted�by B�rrovver in th�s Secur�ty�nstrument, bu�, if necessary to campl��vith law or�ustom, MERS (as nominee for Lend�r and Le�der's successars and as�igns} has the righ�: to exercise any or a11 af�hose interes�s, includ�ng, but r�ot�irn�ted to, the righ��o foreclose and sell the Praper�y; and�a�ake any action required of Lender includ�ng, but not limited�o, releasing and�anc�ling this Security Ins�rument. B�RR��lE��VENANTS that l3arrawer is lawfully seised�f the estate here�y con�eyed and has�he right�a gran�and can�ey the Proper�y and that the Property is unencumb�red, except for encun�branc�s Qf recard. Borrower warrants and wx�1 def�nd g�nera�Xy the title to th�Prop�rt��aga�inst a�� c�aims and demands, subj��t to any encumbrances of recard. TH�S SECUR.ITY INSTRUMENT c�mbines uniform covenants for national use and non�uniform cov�nants v�r��h l�mi��d varia�i�ns by jur�sdiction ta c�ns�itu�e a un�f�rm se�urity in�trument�o�rering real property, U n if o rm �a�e n a nts. Borrovver and Lender covenant and agree as fo�lows: 'I. Payment of Principa�, Interest, Escrvw ltems, Pr�payment �harges, and Late Charges. Borravver shall pay when due the pr�ncipal af, and interest an, the debt evidenced by the Nate and an�prepayment charg�s and�ate charges due under�he Note. Borrov�er sha�� als�pay funds for Es�rovv rtems pursuant to Sec��n 3. Payments du�ur�der the Note ar�d th�s.5ecurity�nstrurnent shall he mad��n U.S. currency. Ho�nrever, if any check nr othe� instrument recei�ed b�r Lender as payrr�ent under the Note or�his Security Ins�rument�s returned to Lender unpa�d, Lender may requ�re�hat any or a11 subsequent payments due under the Note and�h�s Security�nstrument�e mad�in one�r more af�he fol�awing farrns, a�selected by Lender: (a� cash; �b� maney order; �c} cert�fied check, bank che�k, treasurer's�heck or cashxer's check, provided any such check is dra�nrn upon an institution whos�depo�its are insured by�a federa� agencyy 1I15�I'1,I.�C]1G�'l��i�, ar entity; or �d�E�ectronic Funds Transf�r. Payme�ts are deemed r�cei�ed by Lender vvhen rece�ved at the locati�n designated in the Note or a�such oth�r locatiflri as may be des�gna�ed by Lender in accordance with the notic�pro�isions in 5ect�on �S. Lender may return any paymen�ar par�ia�paymen�if th�pa}�ment�r partia�paymen�s are insuffi�ient�� br�ng the Laan current. Lender may accept any pa�ment ar par��a�paymen��nsuffi�ient�o bring the Loan curr�nt, �ithout wa�ver of any rights hereunder or pre�udice�o��s rights to refuse such payment or partia.l paymen�s �n the future, but Lender �s not obligated to app�y such pa�men�s at the time such payments are accepted. �f each Periadi�Payment is applied as of its sch�duled du�date, then.Lender need nat pay interest on unapp�ied funds. Lender m�ay hold such unappl�ed funds until Borrfl�nrer makes payment t�bring�he Loan � current. If Borrower does na�do so v�ith�n a reasonable per�ad af txme, Lender shal� ei�her appiy such funds or re�urn them ta Borrov�er. Zf nflt applied earlier, such funds v�ill be appl�ed�o the outs�and�ng pr�ncipal balance under�he Note�mmediately pr�or�a fore�losure. No offset or clairn wh�ch Borro�ver might have now or �n the future against Lender sha11 relieve Borr�wer from ma�ing payments due under the Na�e and this Securi�y �nstrument or perform�ng the co�enants and agreements s�cured by th�s 5ecurity�ris�rument. 8801687�95 � �+�' ° ss��sa�fl�� N�BRASKA-Singl��'amily-Fannie Nia�IFr�ddie Mac tJNI��RAII �NSTR�MENT WlTH`MERS � �'� �f�`` Form 3a28 11�� VM P 0 VM�fiA�NE}{13 a2) Wa�ters Kluwe�Financial S�rvic�s Page 4 of 17