201107513 - Laserfiche WebLink

Browse

�oi1o�51� is evidenced by Borrower's note dated the same date as this Security In,stnunent ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on NOVED�ER Ol , 2041 . This Security Instnunent secures to Lender: (a) the repayment of the debt evidenced by the ATote, with interest, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Secutity Instrument; and (c) the performance of Borrower's covenants and agreements under this Security Inshvment and the Note. For this purpose, Bonower irtevocably grants and conveys to the Trustee, in trust, with power of sale, the following described property located in HALL County, Nebraska: LOT SIX (6), SPRINGDALE THIRD SUBDIVISION, IN THE CITY OF GRAND ISI,AND, HALL COUNTY, NEBRASRA. THIS IS A PIIRCHASE MONEY SECURITY INSTRUMENT. TAX STATEMENTS SHOULD BE SENT TO: WELI�S FARGO HOME MORTGAGE, P.O. BOX 11701, NEWARK, NJ 071014701 Parcel ID Number:40o470450 which has the address of 4033 WESTGATE ROAD GRAND ISLAND ("Property Address"); [CityJ, Nebraska 68803 [Zip CodeJ [StreetJ 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 Instruanent. All of the foregoing is referred to in this 5ecurity Instnunent as the n�. �v BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Property and that the Ptoperty is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to auy encumbrances of record. THIS SECURITY INSTRUMENT 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,lnterest and Late Charge.Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and late charges due under the Note. 2. Monthly Payment of Taxes, Insuranceand Other Charges.Borrower shall include in each monthly payment, together with the principal and interest as set forth in the Note and any late charges, a sum for (a) taxes and special assessments levied or to be levied against the Property, (b) leasehold payments or ground rents on the Property, and (c) premiums for insurance required under paragraph 4. In any yeat in which the Lender must pay a mortgage insurance premiwn to the Secretary of Housing and Urban Development ("Secretary"), or in any year in which such premium would have been required if Lender still held the Security Instrument, each monthly payment shall also include either: (i) a sum for the annual M � ofTrust-NE VMP4R(NE)(1105�00 Wolters Kluwer Fnancial Services Page 2 of 10