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<br />(Q) ��RESPA" means the Real �state Settlement Arpcedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation,
<br />Regulatian X(24 C.F.R. Aart 3500), as they might be amended from time to time, or any additional or successor le�islation
<br />or regulation that governs the same subje�t matter, A,s used in this Security Instrument, "RESFA" refers to all reyu�rements
<br />and restrictions that are imposed in regard to a"federally related mortgage lnan" 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 partyhas
<br />assumed Borrower's obligations under the Note and/or this Security Instrument.
<br />TRANSFER OF' IZIGHTS 1N THE PROPERTY
<br />The beneficiary ofthis Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and
<br />the successors and assigns of MERS. 'This Security Instrument secures to Lender: (i) the repayment of the Loan, and all
<br />renewals, extensions a�id modifications ofthe Note; and (ii) the performance of Bvrrower's covenants and agreements
<br />uuder this Security Instrument and the Note. For this purpose, Borrower irrevocabty grants and conveys to Trustee, i��
<br />trust, with power of sale, the following described property located in the County
<br />of Hall [T'ype pf Recording Jurisdiction]
<br />[Name of Recording Jurisdiction]
<br />Lots Thirteen (13), Fourteen (14) and F'ifteen (15), Block Fourteen (14), Ashton Place, an Additinn to the City
<br />of Grand Island, Hall County, Nebraska
<br />which currently has the address of 2716 West lst Street
<br />[Street]
<br />Grand island , Nebraska 68$03 ("Property Address"):
<br />[��tY]
<br />[Zip Code]
<br />TOGETHER WiTH all the improvaments now or 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 ba covered by
<br />this Securiry Instrument. All of the foregoing is referred to m this Security Instrument as the "Property." Borrower
<br />understands a��d agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrumei�t, but,
<br />if necessary to comply with law or custom, MERS (as naminee for Lender and Lender's successors a�id assigns) has the right:
<br />to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take
<br />any action reyu�red of Lender including, but not limited to, releasing and canceling this Security Instrument.
<br />BOftROWER COVENANTS that Borrower is lawfully seised ofthe estate hereby conveyed and has the right to
<br />gra�it and convey the Property and that the Property is unencumbered, except for encumbra�ices of record. Borrower
<br />warra»ts and will defend generally the title ta the Froperty against all claims and demands, subject tv any encumbrances of
<br />record.
<br />THIS SECURITY INSTRUMEN7' combines uniform covenants for national use and non-uniform covenants wid�
<br />limited variations by jurisdiction to constitute a uniform security instrument covering rea) property.
<br />UNI�'ORM COVENANTS. Borrower and Lender coveua��t and agree as follows:
<br />1. Payment af Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borcower shall
<br />pay when due the principal of, a�id interest on, the debt evidenced by tl�e Note and any prepayment charges and late charges
<br />due under the Note. Sorrower shall also pay fua�ds for Escrow Items pursuant to Sectiou 3. Payments due under the Note
<br />and this Security Instrument shall be made in U.S. currency. However, if any check or other iustrument received by Lender
<br />as payment under the Note or this Security Instrument 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 mare af the following forms, as
<br />selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check pr cashier's check,
<br />provided any such check is drawn upon an inst�tutaon whose deposits are insured by a federal agency, instrumentaliry, or
<br />entity; or (d) Electronic Fuiids Transfer.
<br />Payments are deemed received by Lender when received at the lvcation designated in the Note or at such other
<br />locatipn as may be designated by Lender in accordance with the notice provisions in Section ] 5. T.�ender may return any
<br />payment or part�al payment ifthe payment or partial payments are insufficient to bring the L.oan current. Lender mayaccept
<br />NEBRASKA--Single Family—Fannte Mae/Freddie Mac UNIFbRM INSTRLiMENT
<br />12439.CV (1/OS) 03-1127
<br />(MERS) Form 3028 1/Ol (�age 2 of 8 pagesJ
<br />Creative ThinWn�, Inc.
<br />GOTO(00231 c47)
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