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2� 1 ��3912 <br /> restrictio��s that are irnposed in regard to a "federally related lnortgage loa��" e�er� if��z� Loan does <br /> not q uaI i fy as a "federa�1y r�I ated mortgage I oail" under RE5 PA. <br /> �Q� "Szcccessoj�in Ir��ej�est of Bo�A��o�ver�" lneans a��y pa�-ty�l�at ��as takei�title to t��� Prop�rty, <br /> vvhe�her or not that party has assumed Borrovver's obligations t�r�der the Nate andlor this Secur�t <br /> y <br /> �nStl'LIZYl�17t. <br /> Transfer of Rights in the Property. This Security I�Zstrul�iei�t see«res to Let�der: �i�the re a ��e��t <br /> PY <br /> of the Loan, and all t•ei7er�va�s, extet�sions a��d modificatia��s of the Nate; ar7d �ii} the perfor��ance of <br /> Borrnwer's co�enants ai�d agreeme��ts ��t�der tl�is Security Ii�str��me��t a��d t��e N�te. For this p�rrpose, <br /> Borrawer irr��ocably grants a��d co���eys to Tt•ustee, in trust, wit�7 p�w�r af sa�e, �17e f�ilor�vin�; <br /> described property lacated i�� th� Co��nty �Type af Re�ordiiig Jurisdicti�t�� of�-�all [Na�ne�f Recordi��� <br /> Jurisdretio��] Par�af Lots tvv� ����ndred sixty-fi�e �?65} aizd �vvo ��t�tl�red sixty-fo�.�r�?6�} i�� west Lawt� <br /> Addition to the �ity of Grand Island, HaII �ou��ty, Nebraska, �nore particular�y described as follovvs: <br /> Beginj�ing at a p��nt an th�west lit�� of said L�t?65, �v��ich poiz�t 1�3.5 feet ��ort17 of the so«tl�west <br /> corr�er of Lot?�6 i�� said additiot�; �hence rut�tlir�g r�orth along and ��pot�tl�e r�vcst 1 ine of said Lflts Z65 <br /> and Z�4, a distance�f 56.9� feet;�hei�ce turning a��d ruil��in�east para]�el with the s�uth li�-�e af said <br /> Lot 265, a distance of 13�.� fee��o a poin�o��t��e east li��e of said L�t?�4; tl�enc�tur��in�a��d t•u��nit�� <br /> sou���to a poi n��]the�ast 1 i i�e of sai d Lot 264; the��ce tur��i t��and ru»n i ng south alo��g a��d upan the <br /> �ast �il�e af said L�ts 264 ai�d 265, a distai�ce of 5�.1 feet; tl�er�ce t��r»iz��a��d rG�nn����,�vest parall�l <br /> with the south lit�e of said Lot?�5 a dista��ce of 13�.� feet t�the point of be�innin�. <br /> Par�el ID Number: 4�Q��762� wl�ich c�irrently �zas the address aF]31? N HUSrI,�N AV� [Street] <br /> GRAND ISLAND [�ity], Nebraska�88�3 [Gip C�de� �"�'r���e��ry����c�c�j•�s•s"�: <br /> TC]GETHER �VITH all the i���pro�ements navv�r l�ereafter�rected o��t1�� pr-operty, at�d all easeinents, <br /> appurter�ances, a��d fixtures novv or hereafter a part of t��e property. A�! �•eplacemet�ts a��d additions <br /> sl�a�1 al so be co�ered by th is S�curity I i�strutne��t. A 11 of tl�e for��o i n�; i s referr�d ta i n th is 5ec��rity <br /> Ir�strulne���as the ``�''r•o�e�•t}�. „ <br /> ��RR��]VER��VENANTS �hat Bnrror�ver is la�vf�zlly seised of t��e estat� hereby con�eyed a��d <br /> ��as the rig��t to grai�t at�d coi7�ey tl�e Pr�p�rty a��d tl�at tl�e Pt-ope�-ty �s Linet7c�ztnbe�-ed, e��ce�t f�r <br /> et�cumbrances�f record. Barrower warrants a�1d will d�fea�d �et�erally the title t�tl�� Property a�ainst <br /> all cla�ms and demands, sub�ec�tfl a��y enc��tl�brances�F reco��d. <br /> THIS SE�URITY INST�UMENT camb���es G�niform ca�enat�ts fox-��atio��al use and non-unifor�7� <br /> co�ei�an�s vvith �itnited �ariatiorls by�urisd�ctio��to cor�stitute a ut7ifor�n sec��rity it�strurnent co�ering <br /> real property. <br /> Unifarm Correnants. Borr�wer and Lender c��ena��t a��d a�ree as fo�lows: <br /> 'I. Payment af Princi�al, Interest, Escrow Items, Prepayment Charges, and Late <br /> Charges. Borrovver sha11 pay when due the pri��cipal of, and i��terest o��,t��e debt e�idenc�d by t��e <br /> No�e and a��y prepayinent c�zarges and lat� cl�a����s d��� ��nder the Note. Borro�ver sl�all also pay fu��ds <br /> for Escrow Items purs�.�ant�0 5ect�a�7 3. Paytne��ts d�re under the Nc�tc ai�d this Security Ii7s�r�x��lc��t <br /> shall be made iY� U.S. curret�cy. �-Iowe�er, if a��y che�k�r ot��er it�struln���t receF��d by Lc��der as <br /> payment under t�ie Note or this Security Instrutnent rs r�turned t� Letld�r ��»paid, Lei�der may require <br /> t��at any ar al� subs�quent paymet7ts due under�he Note a��d tl�is Secur�ty Ii�strutne��t be made in �ne <br /> or more of the following for�ns, as se�ccted by Lender: �a} casl�; �b} �r�oney Urder, �c}c�rtified check, <br /> bank check,treasurer's check or cashier's check, pro�ided any such check is dra�vt� upon an i��s�itutio�� <br /> �3oa��a�o� <br /> NEBRASKA-Single Family-Fannie MaelF�redd�e Mac UNIi��RM lNST f�UM�NT f4arm 3(]��3 31�1 <br /> VMP� 1212D15 <br /> Walters Kiuwer Finan�la�5ervices 2Q�6�61616 1 1 35�5-N2a15�126N f'age 3 of 1fi <br />