201305229 - Laserfiche WebLink

Browse

201305229 (N) "Mortgage 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. (P) "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. (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): Part of the Northwest Quarter of the Northwest Quarter(NW1/4 NW1/4) of Section Four(4),Township Eleven (11)North,Range Nine(9)West of the 6th P.M.,in Hall County,Nebraska,described as follows: Beginning at a point on the North line of said Section 4,said point being 392.55 feet East of the Northwest corner of said Section 4,thence Easterly along the North line of said Section 4 a distance of 308.0 feet,thence southerly parallel to the West line of said Section 4,a distance of 298.5 feet,thence deflecting right 90 degrees,48 minutes and 4 seconds, running Westerly 308.03 feet,thence North parallel to the West line of said Section 4,a distance of 300,85 feet to the point of beginning,EXCEPT a tract of land more particularly described in the Return of Appraisers Report dated July 7, 1992 and recorded July 10, 1992 as Document No.92-106105 in the office of the Register of Deeds of Hall County,Nebraska. Parcel ID Number: 400205580 which currently has the address of 127 E AIRPORT RD (Street) GRAND ISLAND (City), Nebraska 68803 (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." 24004662 NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VM P® VM P6(NE)(1105) Wolters Kluwer Financial Services Page 3 of 17 •