201100512 - Laserfiche WebLink

Browse

201100512 (P) 'Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Mote, plus (ii) any amounts under Section 3 of this Security Instrument. (Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U -S_C. Section 2601 et seq.) and its implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that arc imposed in regard to a "federally related mortgage loan" even if the Lean does not qualify as a "federally related mortgage loan" under RE-SPA. (R) "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 and/or this Security Instrument. 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 sceures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note, and (ii) the performance of Borrower's covcnants 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 Rgco *ding Jnnsdictienl LOT 6 SCHEEL'S SUBDIVISION HALL COUNTY NEBRASKA. Parcel ID Number. 400215373 which currently has the address of 4028 SCHEEL DR [Street] Grand Island Icayl, Nebraska 68801 [Zip code] ( "Property Address "): TOGETHER WTTH all the improvements now or hereafter erected on the property, and all easements, apperteoanees, and fixtures now or hereafter a pad of the property. All replacements and additions shall also be covered by this Security Instturrient. Alt of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrees that VIERS holds only legal title to the interest 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. 8800922638 8800922638 NEBRASKA - Single Family - Fannie MaelFredd€e Mac UNIFORM INSTRUM ENT WITHM ERS (0- 6A(NEl(06,0; Page3 a1 :5 Initials: g Form 3028 1101