201210043 - Laserfiche WebLink

Browse

(N) "M ortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. "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 are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (P) 201210043 (Q) "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 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 property located in the County (Type of Recording Jurisdiction) of HALL (Name of Recording Jurisdiction): A PART OF LOT FOUR (4), BLOCK ONE (1) AND PART OF LOT "A ", ELM PLACE ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND PART OF LOT TWO (2) OF THE COUNTY SUBDIVISION OF LOTS THIRTEEN (13) AND SIXTEEN (16), AND PARTS OF LOTS EIGHT (8), ELEVEN (11), TWELVE (12), AND FOURTEEN (14) OF THE COUNTY SUBDIVISION OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER (SE1 /4SW1/4) OF SECTION SIXTEEN (16), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA DESCRIBED AS FOLLOWS: COMMENCING AT A POINT ON THE NORTHERLY LINE OF SAID LOT FOUR (4), BLOCK ONE (1) IN SAID ELM PLACE ADDITION, 34 FEET WESTERLY FROM THE NORTHEAST CORNER OF SAID LOT FOUR (4); RUNNING THENCE WESTERLY ALONG THE SOUTHERLY LINE OF FIRST STREET IN SAID CITY A DISTANCE OF 50 FEET; THENCE TURNING A RIGHT ANGLE AND RUNNING 132 FEET SOUTHERLY ON A LINE PARALLEL WITH THE EASTERLY LINE OF SAID LOT 4 TO THE SOUTHERLY LINE OF SAID LOT "A" THENCE EASTERLY 50 FEET ALONG THE SOUTHERLY LINE OF SAID LOTS "A" AND 4 THENCE NORTHERLY 132 FEET ON A LINE PARALLEL WITH THE EASTERLY LINE OF SAID LOT 4 TO THE PLACE OF BEGINNING. Parcel ID Number: 400127881 which currently has the address of 1323 W 1st St (Street) Grand Island (City), Nebraska 68801 (Zip Code) ( "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." NEBRASKA - Single Family- Fannie Mae /Freddie Mac UNIFORM INSTRUM ENT VMP ® Wolters Kluw er Financial Services 0451213562 Form 3028 1/01 VM P6(NE) (1105) Page 3 of 17