|
�olioo29�
<br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.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 addrtional or successor le�islation
<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 I,oan does not qualify as a
<br />"federally related mortgage loan" under RESPA.
<br />(R) "Successar in Interest of Sorrower" means anyparty 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 RIGHTS IN THE PROPERTY
<br />The beneficiary of this Security instrument is MERS (solely as nominee for Lender and T..ender'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 and modifications of the 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 Trustee, in
<br />trust, with power of sale, the following described property located in the Coun
<br />of Hall [Type ofRecording Jurisdiction]
<br />[Name of Kecording 7urisdiction]
<br />Lot One Hundred Sixteen (116), Belmont Addition to the City of Grand Island, Hall County, Nebraska.
<br />which currently has the address of S28 N Grace Ave
<br />[Street]
<br />Grand Isl , Nebraska 68803 ("Prpperty Address"):
<br />�C�tya
<br />[Zip Code]
<br />TOGETHER WITH all the improvements 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 be coveredby
<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 Securitylnstrument, but,
<br />if necessary to comply wrth law or custom, MERS (as nominee for L,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 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 Instrument.
<br />BORROWER COV�NANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to
<br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower
<br />warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of
<br />record.
<br />THIS SECURITY 1NSTRUMENT combines uniform covenants for national use and non-uniform covenants with
<br />limited variations by jurisdiction to canstitute a uniform security instrument covering real property.
<br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />1. Payment of Principal, Interest, Escrow Items, Prepayment 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 Items pursuant to Section 3. Payments due under the Note
<br />and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender
<br />as payment under the Note or this Security Instrument is returned to Lender unpaid, L,ender may require that any or all
<br />subsequent paymentti 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) money order; (c) certified check, bank check, treasurer's check or cashier's check,
<br />provided any such check is drawn upon an instiiution whose deposits are insured by a federal agency, instrumentality, or
<br />entity; or (d) Electronic Funds Transfer.
<br />Payrnents 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 I,ender in accordance with the notice provisions in Section 15. Lender may return any
<br />payment or partial payment ifthe payment or partial payments are insufficient to bring the Loan current. Lender rnayaccept
<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIrORM INSTRUM�NT (MTRS)
<br />12439.CV (1/OS) 904501
<br />Form 3p28 1/Ol (pn�e 2 q/�8 pnqes)
<br />Creative Tl�inking, Inc.
<br />GO'I'O(00145203)
<br />V 1�
<br />
|