|
�0100955�
<br />(Q) ��RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulatinn,
<br />Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor le��slation
<br />or regulation that governs the same subject matter. As used in this 5ecuriry Instrument, "RE5PA" refers to all requ►rements
<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" rneans any party that has taken title to the Prpperty, whether or not that party has
<br />assumed Borrower's obligations under the Note and/or th�s Security Instrument.
<br />TR4NSFER OF RIGHTS IN THE PROPERTY
<br />The beneficiary ofthis Securiry Instrument is MERS (solely as nominee for L.ender and Lender's sucCessors 2u�d assigns) and
<br />the successors and assigns of MBRS. This Security Instrument secures to I.ender: (i) the repayment of the Loan, and all
<br />renewals, extensions and modi�cations of the Note; and (ii) the performance of Borrower's covenants and agreements
<br />under this Security Instrument and the Note. F'or this purpose, Borrower irrevocablygrants and conveys to 7'rustee, in
<br />trust, with power of sale, the following described property located in the Count�___ ___
<br />_ _ ___ _
<br />of Hall [Type of Recording Jurisdiction]
<br />[Name of Recording Jurisdiction]
<br />Lot Seven (7), Gascho-Jantzi Subdivision, a replat of part of Robinson's Addition, Gascho Subdivision, and
<br />Gascho Second Subdivisinn in the Village nf Cairo, Hall County, Nebraska.
<br />which currently has the address of 4l2 East Nebraka Plaee
<br />Cairo
<br />[�irY]
<br />[Street]
<br />Nebraska �gg24-9480 ("Property Address"):
<br />[Zip Code]
<br />TOGETI�ER WITH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now nr hereafter a part ofthe property. All replacements and additions shall also be covered by
<br />this Security Tnstrument. A11 of the foregoing is referred to �n this Security Instrument as the "Property." Borrower
<br />understands and agrees that MERS holds only legal tit(e to the interests granted by Borrower in this Security Tnstrument, but,
<br />if necessary to comply with law or custom, MERS (as nominee for I.ender and Lender's successors and assigns) has the right:
<br />to exercise any or all of those interests, including, but not limited to, the ri�ht 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 Instrument.
<br />BORRQWER COVENANTS that Borrower is lawfully seised ofthe estate hereby conveyed and has the right to
<br />grant and convey the Prnperty and that the Froperty is unencurnbered, except for encumbrances of record. Borrower
<br />warrants and will defend generally the title to the Property against all clairns and demands, subject to any encumbrances nf
<br />record.
<br />THIS SECURITY INS'TRUMENT combines uniform covenants fpr national use and non-uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real properiy.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal, Interest, Escrow Items, Prepayroent Charges, and Late Charges. Borrower 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 Escrow ltems pursuant to Section 3. Payments due under the Note
<br />and this Security Instrument shall be made in U.5. currency. Hnwever, if any check or other instrument received by Lender
<br />as payment under the Note or this Security Iestrument is returned to I,ender unpaid, I.ender thay require that any or all
<br />subsequent payments due under the Note and this Security Instrument be made in one or more of the Following forms, as
<br />selected by Lender: (a) cash; (b) rnoney order; (c) certified check, bank check, treasurer's check or cashier's check,
<br />provided any such check is drawn upon an institut►on whose deposits are insured by a federal agency, instrumentality, or
<br />entity; or (d) Electronic Funds Transfer.
<br />Aayments are deemed received by Lender 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. Lender rnay return any
<br />payment or partial payrnent ifthe payment or partial payments are insufficient to bring the Loan current. L,ender mayaccept
<br />NEBRASKA--Single Family--Eannie Mae/Freddie MAC UNIFORM 1NSTRUMENT (MERS)
<br />12439.CV (1l08) 91172FA
<br />Form 3028 1/O1 (page 2 of 8 pages)
<br />Creative Thinking, Inc.
<br />G�TO(OODae$41)
<br />
|