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201005175 <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 tI,S.C. §2601 et seq.) and its implementing regulation, <br />Regulation X (24 C.f^.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation <br />or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements <br />and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a <br />"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 parry has <br />assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIG[-iTS IN THE PROPEKTY <br />'['he beneficiary ofthis Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and <br />the successors and assigns of MF.,RS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all <br />renewals, extensions and modifications ofthe Note; and (ii) the performance of Borrower's covenants and agreements <br />under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to "frustee, in <br />trust, with ower of sale, the. followrn described ro ert located in the Count <br />P g P p Y _..... .L________._____ ~.m....._..,....._.__,..~__......~_.__.. <br />of Hall _.,.. _. _ [Type of Recording Jurisdiction] <br />[Name of Recording Jurisdiction] <br />Lot One (I), Block One (1), Pleasant View Addition to the City of Grand Island, Hall County, Nebraska <br />which currently has the address of704 Pleasant View Dr <br />[street] <br />Grand Island ,Nebraska 68801 ("Property Address"): <br />[City] [Zip Code] <br />TOGETHER WIT'II all the improvements now ar hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part ofthe property. All replacements and additions shall also be covered by <br />this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower <br />understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument, but, <br />if necessary to comply with law or custom, M ERS (as nominee for Lender and [,ender's successors and assigns) has the right: <br />to exercise any or all ofthose interests, including, but not limited to, the right to foreclose and sell the Property; and to take <br />any action required of Lender including, but not limited to, releasing and canceling this Security lnstrument. <br />BORROWER COVENAN'T'S that Borrower is lawfully seised ofthe estate hereby conveyed and has the right to <br />grant and convey the Property and that the Property is unencumbered, except fot encumbrances of record. Borrower <br />warrants and will defend generally the title to the Property against all claims and demands, subject io any encumbrances of <br />record. <br />'PHIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with <br />limited variations byjurisdiction to constitute a uniform security instrument covering real property. <br />UNIFORM COVENAN"1`S. Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal, Interest, Fscwow Items, Prepayment Charges, and LateChargcs, Bon•ower shall <br />pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges <br />due under the Note. Borrower shall also pay funds for Lacrow Items pursuant to Section 3. Payments due under the Note <br />and this Security lnstrument shall be made in U.S. currency. However, ifany check or other instrument received by Lender <br />as payment under the Note or this Security lnstrument is returned to Lender unpaid, Lender may require that any or all <br />subsequent payments due under the Note and this Security Instrument be made in one or more ofthe following forms, as <br />selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, <br />provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or <br />entity; or (d) Electronic Funds Transfer. <br />Payments are deemed received by [.,ender when received at the location designated in the Note or at such other <br />location as may be designated by Lender in accordance with the notice provisions in Section 15. [.,ender may return any <br />payment or partial payment ifthe payment or partial payments are insufficient to bring the Loan current. Lender may accept <br />NRRKASKA--Single Family--Fannie Mac/H'reridie Mflc UNIFOKM INS'IRUMF.NT (MEKS) Form 3(128 1/ltt (/gage 2 af8pages) <br />I?439.CV (I I/U7) 9U4075 Creative Thinking;, Inc. <br />GOl'O(UU 1130e5) <br /> <br />