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202000520
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Last modified
1/23/2020 3:35:55 PM
Creation date
1/23/2020 3:35:54 PM
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DEEDS
Inst Number
202000520
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202000520 <br />(R) "Secretary" means the Secretary of the United States Department of Housing and Urban Development or his <br />designee. <br />(S) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that <br />party has assumed Borrower' s obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender' s successors and <br />assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of <br />the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower' s <br />covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby <br />mortgage, grant and convey to Trustee, in trust, with power of sale, the following described property located in the <br />COUNTY <br />of HALL <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction] <br />LOT EIGHT (8), SCHEEL'S SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />A.P.N.: 400215403 <br />which currently has the address of 4016 SCHEEL DR <br />[Street] <br />GRAND ISLAND , Nebraska 68801 ("Property Address"): <br />[City] [Zip Code] <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be <br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." <br />Borrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this <br />Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's <br />successors and assigns) has the right: to exercise any or all of those interests, including, but not limited to, the right <br />to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasing <br />and canceling this Security Instrument. <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right <br />to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of <br />record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject <br />to any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with <br />limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br />NEBRASKA FHA DEED OF TRUST - MERS DocMagic eFo <br />NEDOTZ2.FHA 07/25/18 www.docmagic.com <br />Page 3 of 13 <br />
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