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202402772
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6/20/2024 4:13:20 PM
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6/20/2024 4:13:17 PM
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202402772
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202402772 <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(R) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or Default <br />on, the Loan. <br />(S) "Partial Payment" means any payment by Borrower, other than a voluntary prepayment permitted <br />under the Note, which is less than a full outstanding Periodic Payment. <br />(T) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under <br />the Note, plus (ii) any amounts under Section 3. <br />(U) "Property" means the property described below under the heading "TRANSFER OF RIGHTS IN <br />THE PROPERTY." <br />(V) "Rents" means all amounts received by or due Borrower in connection with the lease, use, and/or <br />occupancy of the Property by a party other than Borrower. <br />(W) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C.§ 2601 et seq.) and its <br />implementing regulation, Regulation X (12 C.F.R. Part 1024), as they may be amended from time to time, <br />or any additional or successor federal legislation or regulation that governs the same subject matter. When <br />used in this Security Instrument, "RESPA" refers to all requirements and restrictions that would apply to a <br />"federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" <br />under RESPA. <br />(X) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether <br />or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />(Y) "UETA" means the Uniform Electronic Transactions Act, as enacted by the jurisdiction in which the <br />Property is located, as it may be amended from time to time, or any applicable additional or successor <br />legislation that governs the same subject matter. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's <br />successors and assigns) and the successors and assigns of MERS. This Security Instrument secures to <br />Lender (i) the repayment of the Loan, and all renewals, extensions, and modifications of the Note, and (ii) <br />the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For <br />this purpose, Borrower irrevocably grants and conveys to Trustee, IN TRUST, WITH POWER OF SALE, <br />the following described property located in the County of HALL <br />LOT SIXTEEN (16), MILLENNIAL ESTATES SUBDIVISION, IN THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br />1555500275 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS Form 3028 07/2021 <br />FAIRWAY INDEPENDENT MORTGAGE CORPORATION - NMLS 2289 Page 4 of 22 <br />11 <br />D <br />11 <br />11 <br />111 <br />11 <br />11 <br />11 <br />11 <br />11 <br />11 <br />u <br />
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