202602260 - Laserfiche WebLink

Browse

202602260 (X) "Secretary" means the Secretary of the United States Department of Housing and Urban Development or his designee. (Y) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note andlor this Security Instrument. (Z.) "UETA" means the Uniform Electronic Transactions Act, as enacted by the jurisdiction in which the Property is located. as it may be amended from time to time, or any applicable additional or successor legislation that governs the same subject matter. TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MERS. This Security instrument secures to Lender (i) the repayment of the Loan, and all renewals, extensions, and modifications of the Note, and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee. IN TRUST, 'WITH POWER OF SALE, the following described property located in the COUNTY of Hall [Type of Recording Jurisdiction] [Name of Recording Jurisdiction] See Exhibit "A"- Legal Description Hereto and Made a Part Hereof. Subject to Covenants of Record. DICKEY THIRD SUB LT 7 BLK 1 A.P.N.; 400040719 which currently has the address of Grand Island [Cityl 2755 Saint Patrick Ave [Street] , Nebraska 68803-1315 [Zip Code] ("Property Address"); TOGF.THFR WITII all the improvements now or subsequently erected on the property, including replacements and additions to the improvements on such property, all property rights, including, without limitation, all easements. appurtenances. royalties, mineral rights, oil or gas rights or profits, water rights, and fixtures now or subsequently a part of the property. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right. to exercise any or all of those interests. including. but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling this Security Instrument. BORROWER R1 PRI SENT-S. WARRANTS, COVENANTS, AND AGREES that: (i) Borrower lawfully owns and possesses the Property conveyed in this Security Instrument in fee simple or lawfully has the right to use and occupy the Property under a leasehold estate; (ii) Borrower has the right to grant and convey the Property or Borrower's leasehold interest in the Property: and (in) the Property is unencumbered, and not subject to any other ownership interest in the Property, except for encumbrances and ownership interests of record. Borrower warrants NEBRASKA FHA DEED OF TRUST - MERS ✓DocMagic NEDOTZ2N FHA 09/09/25 Page 4 of 18 Q20358253994600000000233976 2d84-81f0-4b35-825e-c9d31d29340f0418