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2� 17��278 <br /> . . <br /> � <br /> refers to all requirements and restrictions that are imposed in regard to a"federally related mortgage loan"e�en if the <br /> Loan does not qualify as a"federally relat�d mor�gage loan"under RESPA. <br /> �R}"Successor in Interest of Barrower"means any party that has taken title tfl the Property,whether or not that pai-ty <br /> has assumed Borrower's obligations under the Nate andlor this Security instrument. <br /> TR.ANSFER�F RI�HTS IN THE PR�PERTY <br /> The beneficiary ofthis Security Instrument is MERS(solely as nominee for Lender and Lender's successors and assigns} <br /> and ta the successors and assigns of MERS.This Securi�y Instrument secures to Lender:�i}the repayment afthe Loan, <br /> and all renewals, extensions and modifi�ations of the Note; and �ii} the performance of Borrvwer's ca�enants and <br /> agreements under this Security�nstrument and th�Note.For this purpase,Borrower irre�ocably grants and con�eys to <br /> Trustee,in trust,�vith power af sale,the followin�described property located in the County of HALL: <br /> LEGAL DESCRIPTI�N ATTA�HED HERET�AND MADE A PART HERE�F. <br /> Parcel ID Number:4U�083132 <br /> which currently has the address of �517 CaTT�NWUUD R�AD <br /> GRAND ISLAND,NEBRASKA 68801,�"Property Address"}: <br /> T�GETHER WITH all the impro�em�nts now �r hereafter erected on the property, and all easements, <br /> appurtenances,and fixtures now or h�reafter a part�of the prapetty.All replacements and additions shall also be ca�er�d <br /> � by this Security Instrument.All of the foregoing is referred#o in this 5ecurity Instrument as the"Property."Borrower <br /> understands and agrees that MERS holds only leg�I title t�the interests gran�ed by Barrower in this Security Instrument, <br /> but,if necessary to comply with law or custom,MERS�as nominee far Lender and L�nder's successors and assigns}has <br /> the right:ta exercise any or all ofthose interests,including,but not limit�d to,the righttv foreclose and sell the Property; <br /> and to take any action re�uired vf Lender including,but not limited to,releasing and canceling this 5ecurity Instrument. <br /> B�RR��VER��VENANTS that Borrower. is lawfu�ly seised of the estate hereby con�ey�d and has th�right to <br /> grant and con�ey the Proper�y and that the Prop�riy is unencumbered,except for encumbrances of record. Borrvwer <br /> warrants and will defend generally the title ta the Property against all claims and demands,subj�ct to any encumbrances <br /> of record. . <br /> THIS SECURITY INSTRUMENT combines uniform c��enants far national use and non-uniform ca�enants wi�h <br /> limited�ariations by jurisdiction ta constitute a uniform security instrument co�ering real property. <br /> UNIF�RM C��ENANTS.Borrower and Lender co�enant and agree as f�ll�ws: <br /> 1.Payment of Prin�ipal,Interest,Es�row ltems,Prepayment�harges,and Late Charges.Borrower shall pay <br /> when due�he principal of,and interest an,the debt e�idenced by the Nate and any prepayment charges and}ate�harges <br /> due under the Note.Borrower shall also pay funds for Escraw I�ems pursuant to Section 3.Payments due under the Note <br /> and this 5ecurity Ins#rument shati be made in U.S. currency. Hawe�er, if any check or other instrument receiWed by <br /> Lender as payment under the Note or this Securit}�Instrument is returned to Lender unpaid,Lender may require that any <br /> or alI subsequent payments due under the Nate and this Security Instrument be made in one or more af the following <br /> farms,as selected by Lender: (a}cash;�b}money arder;(c}c�rtified ch�ck,bank check,treasurer's check or cashier's <br /> check, pro�id�d any such ch�ck is drawn upan an institution whase deposits are insured by a federal agency, <br /> instrumentality,ar entity;ar�d}Electronic Funds Transfer. <br /> Payments are deemed recei�ed by Lender when reCeiwed at the laca#ian designated in the Note or at such other <br /> location as may be designated by Lender in accordance with the notice prv�isions in Section 15.Lender may return any <br /> payment or partial payment if th�payment ar partial payments are insuf�icient ta bring the Loan current.Lender may <br /> accept any paymen�ar partial payment insufFicient to bring�he Loan current,without wai�er of any rights hereunder or <br /> prejudice to its rights t�refuse such payment or.partial payments in the future,but Lender is not abligated ta apply such <br /> NEBRASKA-Single Famiiy-Fannie�IaeJFreddie Mac LJNIF�RM INSTRUMENT with MERS Form 3�28 1101 <br /> Page 3 of 13 <br /> ios,inc.-30227 Bocrower�s�lnitia�� <br />