201107409 - Laserfiche WebLink

Browse

�01107409 1111059754 under RESPA. (R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that pariy has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN Tf� 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 Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described properiy located in the COUNTY (Type of Recording Jurisdiction) of HALL (Name of Recording Jurisdiction) LOTS FIRTEEN (15). SIXTEEN (16), AND LOT FOIIRTEEN, (14), EXCFsPT A TRACT MORE PARTICIILARLY DESCRISED AS FOLLOWS: BFsGINNING AT THE NORTHEAST (NE) CORNER OF S1�,ID LOT FOIIRTEEN (14 ); THENCE NORTHWFsSTERLY ALONG THE NORTHERLY LINE OF SAID LOT FOIIRTEEN (14), A AISTANCE OF THREE HIINDRED TTnTO AND FIVE TENTHS (302.5) FTsET; THENCE SOUTHERLY PARALLEL TO THE EAST LINE OF SAID LOT ROIIRTEEN (14), A DISTANCE OF FORTY AND TWENTY—FIVE HUNDREDTHS (40.25) FEET; THENCE SOIITHEASTERI,Y, A DISTANCFs OF TWO HDNDRED EIGHfiY—FOIIR AND SEVSNTY—k3IGHT HIINDREDTHS (284.78) FEET TO THE PLACE OF BEGINNING, AMICR ACRES SDBDIVISION, HALL COUNTY, NEBRASRA, ACCORDING TO THE RECORDED PLAT THEREOF. which currently has the address of 110 AMICK AVSNUE, DONIPHAN, NE 68832 ("Property Address"). TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Bonower 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. BORR.OWER COVENANTS that Borrower is Iawfully 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 encumbrances of record. THIS SECURITY INST'RUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment 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. NEBRASKA—Single Family—Fannie MaeiFreddie Mac UNIFORM INSTRUMENT �i 338.5 Page 3 of 14 Form 30281f01