201504333 - Laserfiche WebLink

Browse

201504333 Parcel [D Number: 400046660 which ci.u'renily 4�as LYre address of 410 State St (�treet� Grand Island (City), Nebraslca 68$61 (ZipCode� ("Property Address"): '7'OGETHE1t WT'T'H all the improvements nnw or herea.fter erected on lhe property, and all easements, appurtenances, and fixtures now or hereaf�er a part oF the property. All replacemelits and additions shall also be covered by this Security Instrtunent. All of the foregoing is referred to in this Security Instrument as the "Property." BORIZOWER COVENANTS that Borrowzr is lawfi�lly sezsed of the estale hereby conveyed 1nd has the right to grant and convey the Property and that the Property is unencwnbered, except for encuinbrances of record. Borrower warrants and will defend generally the title to the Property against all claiins and demands, subject to any encumbrances of record. THIS SECURiTY INSTRLT_�IENT combines unifonn covenants for national use and non-uniforin covenants with limited variations by jurisdiction to constitute a uniform security instrwnent covering real property. UMFORM COV�NANTS. Borrower ancE Lender covenant and agree as follows: 1, Payment of Principal, Interest, Escrow Items, and Late Charges. Borrower shall pay when due the principal oC, and interest on, tha debt evidenced by the Note and Iate charges due under the vote. Borrovver shall also pay fiu�ds for Escra�v Items pursuant to Section 3. Payinents due under the Note and this Security Instruinent shall be made in U.S. currency. However, if any checic or other instrtrrnent received by Lender as payment under the Note or this Secm•ity Instruincnt is rcturncd to Lender unpaid, Lender may require that any or all suhsequen�rayments due i�nder the NoCe and this Security Instrwnent be mac�e in one or inore of the following fortns, as selected by Lender; (a)cash; (b)rnoney order; (c) certiFed chec�, bank chec�C, treasurer's check or cashier's chcck, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instruinentality, or entiry; or(d)�lectxonic Funds Transfer. Payments are deemed received by Lendcr when received at the locatioz�designated in the Note or at such other location as may be ciesigz��ted by Lender in accordance with the notice pravisioi�s i�Section 14. Lender m1y return any paynlent ar partial pay��ex�t if the paymeiit or parlial pay�rienLs dre insufficient to bring the Loan current, Lender may accept any pa,yinent or partial payment insufiicient to bring the Loan current, witl�out waiver of any rights hereunder or prejudice to its rights to refuse suck�pay►nent or partial payinents in the future, but Lender is not obligated to apply such payinents at the tiine such payinents are accepted. IF each Periodic Payinent is appliecl as of its scheduled due date, then Lendar neecl not pay interest on unapplied fiuids. Lender rnay hold such unapplied funds until Borrower malces payinent to bring the Loau current, If BorroweA'tioes uot do so wit�iin a reasunable period of time, Lender s1�all either apply such fiuids or return theni to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note inunediately prior to foreclosure. No offset or clai�n which Borrower inight have now or in the future against Lender sl�all relieve Borrower frrnn malcing payinents due tuider the Note and this Security Instruziaent or perforrning the covenants and agreeznents secuxed by this Security Instruinent. 2. Application of Aayments or Proceeds. �xcept as expressly stated otherwise in this Security Instrwnent or the Note, a11 payinents accepted anci applied by Lender shall be applied in lhe following order oF priority: 0451502958 FHA Deed of Trust-NE 9130+2019 Bankers SyslemsiM UM P@ VM P4R{NEl(15G2).01 Wolters Kluwer Fnanclal Services Page 4 ot 16