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202111053
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1/3/2022 9:10:07 AM
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1/3/2022 9:10:05 AM
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202111053
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202111053 <br />restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does <br />not qualify as a "federally related mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, <br />whether or not that party has assumed Borrower's obligations under the Note and/or this Security <br />Instrument. <br />Transfer of Rights in the Property. 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 <br />Borrower's covenants and agreements under this Security instrument and the Note. For this purpose, <br />Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following <br />described property located in the County [Type of Recording Jurisdiction] of Hall [Name of Recording <br />Jurisdiction] See Legal Description <br />Parcel ID Number: 400043025 which currently has the address of 327 s Kimball St [Street] Grand <br />Island [City], Nebraska 68801 [Zip Code] ("Property Address"): <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all casements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions <br />shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security <br />Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and <br />has the right to grant and convey the Property and that the Property is unencumbered, except for <br />encumbrances of record. Borrower warrants and will defend generally the title to the Property against <br />all claims and demands, subject to any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform <br />covenants with limited variations by jurisdiction to constitute a uniform security instrument covering <br />real property. <br />Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late <br />Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the <br />Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds <br />for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument <br />shall be made in U.S. currency. However, if any check or other instrument received by Lender as <br />payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require <br />that any or all subsequent payments due under the Note and this Security Instrument be made in one <br />or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, <br />bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution <br />whose deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds <br />Transfer. <br />Payments are deemed received by Lender when received at the location designated in the Note or <br />at such other location as may be designated by Lender in accordance with the notice provisions in <br />Section 15. Lender may return any payment or partial payment if the payment or partial payments are <br />Wolters Kluwer Financial Services, Inc. <br />I <br />A <br />A <br />2021 22221.2 0.3997- 20211026Y nitial <br />11 <br />fl <br />* 1111171111 II <br />HI <br />V <br />11 <br />1,809845497 <br />09/21 <br />Page 3 of 17 <br />Y <br />Y <br />Y <br />
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