201608038 - Laserfiche WebLink

Browse

2� 1 ��8�38 restricti�ns that are impos�d in regard ta a"federally related mor�gage�oan" e�en if th�Loan does not qualify as a"federally re�ated mortgage loan"u.nder RESPA. �Q} "S'uccessor in�nt�erest of Borr�wer"means ar�y par�y that has taken tit�e to the Property, whether or not that par�y has assumed Barrovver's obiigations under the Note andlor th�s Se�urity Instrument. Transf�r of Rights in the Property. This Se�urity Instrument s�cures to Lender: �i}the repayment �f the Laan,and al�renevvals,extensians and modifications of the Note;and(i�}the perfflrman�e of Borrov�er's co�enants and agreements und�r this S�curity Instrurnent and th�Note.Far this purpose, B�rrower�rrevocabiy grants and con�eys to Trustee, in trust,with po�ver of sa�e,th�fo�lawing described praperty l�cated ir�th��ounty [Type of Rec�rding Jurisdict�on] of Hall [Name af Record�ng � Jurisdiction] Th�Easterly Ten Feet of Lot El��n�I 1�&all of L�t Twei�e�12},Biock N�ne,B�ggs& Hi ll's Addition to the C ity of�ra.nd I s land,Hal i C ounty,Nebraska. Parce�ID Number: 4��2��8D which currently has the address of Z41 S yV I 1 TH ST [Street] GRAND ISLAND [City],Nebra.ska 68gU3 [Zip�ade] (".�rvperty.�ddress"�: T��ETHER WITH all the impro��ments nflw or her�after erected�n the praperty,and all easements, appurtenances,and fixtures novv or hereafter a part of the property.A��replacements and add�tions shall aiso be cv�ered by this Secur�ty Instrument.All of the foregoing is referred to in this Security Instrument as the "Propert�." B�RR�WER��VENANTS that Borrower is�awfu�ly seised af the estate hereby conveyed and has the r�ght to grant and con�ey the Property and that the Property is unencumb�red,e�cept for encumbrances af recard.Borrawer warrar�ts and wili defend generally the tit�e to the Prap�rty against ali cla�ms and dema.nds, suhject to any encumbrances af record. THIS SE�URITY INSTRUMENT cambines unifarm c��enants for nationa�u�e and n�n-uniform co��nants with limited var�ations by jurisdiction to constitut�a uniform security instrum�nt covering real pr�perty. U n�fo rm �o�ena nts. Barrower and Lender�o�enant and agre�as follaws: � �I. Payment of Principaf, �nterest, Escrow�tems, Prepaym�nt�harges, and Late Charges. B�rrower sha�l pay when due the pri.n�ipa�of,and interest on,the d�bt e�idenced by the Note and any prepayment charges and late charges du�under the Note. Borrower shali alsa pay funds f�r Escrow Items pursuant to Section 3.Payments due und�r the Note and this Secur�ty Instrument shall be made in U.S.currency. However, if any ch�ck or�ther instrument r�ceived by Lender a.s paym�nt under the Note or this Security Instrument is returned to Lender unpa�id,Lender may re�uire that any ar a�i subsequent payments due under the Note and this Security Instrument be made in one ar more of the follawing forms,as selected by Lender: (a)cash;�b}money order;(c}certified chec�, bank check,treasurer's check or cashier's check,pro�ided any such che�k is drawn upon an institution whose deposits are insured by a federal agency, instrumenta.lity,or entity;or(d�Elect�anic Funds Transfer. Payments are de�med r�ce�v�d by Lender when recei�ed at the location designated in the Note�r at such ather lacation as may be des�gnated by L�nder in accordance with the n�tice pro�isions in Secti�n �5. Lender may return any payment�r pa.rt�al payment if th�payment.or partia�payments.are insuf�icient to bring t1�e Loan current.Lender may accept any payment or part�al payment insuf�'ic�ent to br�ng the Loan current,without wai�er�f any rights hereunder or prejudice to�ts rights t�refuse z�oo��az NEBRASKA-Single Family-Fannie MaelFreddie Mac UNiF�RM INSTRUMENT Form 3U281lOi �nn� osr�o�s Wolters K{uwer Financia�Services �D1 fi11�815.2.�.3814-N201 fi0720Y Page 3 v�"�fi