Laserfiche WebLink
202110'7394 <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, <br />plus (ii) any amounts under Section 3 of this Security Instrument. <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X (12 C.F.R. Part 1024), as they might be amended from time to time, or <br />any additional or successor legislation or regulation that governs the same subject matter. As used in this Security <br />Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related <br />mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. <br />(R) "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 <br />of 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 irrevocably <br />grants and conveys to Trustee, in trust, with power of sale, the following described property located in the <br />County of HAIL <br />[Name of Recording Jurisdiction] <br />SEE LEGAL DESC RIPTICIN ATTACHED HERETO BY EXHIBIT AND MADE A PART HEREOF FOR <br />Parcel ID Number: <br />400207745 <br />which currently has the address of 3204 S SHADY BEND RD [Street] <br />GRAND ISLAND [city] , Nebraska 68801 ]Zip Codel ("Property Address"): <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 <br />"Property." Borrower understands and agrees that MERS holds only legal title to the interest granted by Borrower <br />in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and <br />Lender's successors and assigns) has the right: to exercise any or all of those interests, including, but not limited <br />to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not <br />limited to, releasing and canceling this Security Instrument. <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the <br />right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. <br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to <br />any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants <br />with limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br />34-34-6-0246789 <br />NEBRASKA -Single amily-Fanni Mae/Freddie Mac UNIFORM INSTRUMENT WITH MFRS <br />VMP "? <br />Wolters KI we Fi ncia Sery es <br />u <br />u <br />A <br />u <br />11 <br />7180502143 <br />Form 3028 1/01 <br />VMP6A(NE) (1302).00 <br />Page 3 of 15 <br />