201104803 - Laserfiche WebLink

Browse

�0�10480� 451103706 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 secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this 5ecurity Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the CoIINTY (Type of Recording Jurisdicrion) of SALL (Name of Recording Jurisdiction) LOT FIVE (5�, AMICK ACRI33 WEST FOT7RT8 SUSDYVI3ION HALL COIINTY, NESR2�SRA. which currently has the address of 120 MEADOWLARR CIR, DONIPHAN, N8 68832 (" Property Address"). TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appnrtenances, and fixtures now or hereafter a part of the property. All replacements and addirions shall also be covered by this Security Instrumettt. All of the foregoing is refened to in this Security Instrument as the "Property." Borrower understands and agrees that MERS hold only legal title to the interests granted by Bonower 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. BORROWER CO�ENANT5 that Bonower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Bonower warrants and will defend generally the title to the Property against all claims and demands, subject to any ettcumbrances of record. THIS SECURITY TNSTRUMENT combines uniform covenants for ttational use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instYVment covering real property. iJNIFORM COVENANTS. Bonower and Lender covenant and agee as follows: 1. Payment of Principal, Interes�, Escrow Items, Prepayment Charges, and Late Charges. Bonower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepaymettt charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument recaived by Lender as payment under the Note or this Secvrity Instrument is returned to Lender unpaid, Lender may require that any or a11 subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or caslvier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the locatiott designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payznent insufficient to bring the Loan current, without waiver of any rights hereunder oz prejudice to its rights to refuse such payment or partial NEBRASKA—Single Family—Fannie Mae/Freddie Mec UNIFORM INSTRUMENT � 338.4 Page 3 of 14 Form 3028 U01 �� � \�