200306956 - Laserfiche WebLink

Browse

200306956 (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 bas 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 Luan, and all renewals, extensions and modifications of the Note; and (it) 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 of Hall fl'ype or Recording lunsdicrionl [Name of Recording JurishCUonl All of Lots Ten (10) and Eleven (11), in Block Three (3), in Second Addition to Holcomb's Highway Homes Subdivision, in the City of Grand blood, Hall County, Nebraska, excepting a certain tract more crticularly described as follows: Part of Lot Eleven (11) in Block Three (3) in Second Atidthou to leomb's Highway Humes Subdivision, in the Northeast Quarter (NE1 /4) of Section Twenty-Eight (25) Township Eleven (11) North, Range Nine (9), West of the 6dr P.M., in Hall County, Nebraska, more particularly described as follows: Commencing at the Southwesterly corner of said Lot Eleven (11), Block Three (3) Second Addition to Holcomb's Highway Homes Subdivision thence running northwesterly along and upon the westerly boundary line of said Lot Eleven (11) for a distance of Forty Feet (40.110) theme running Northeasterly parallel to the northerly boundary line of said Lot Eleven (11) m a point on the Easterly boundary hue of said Cut Eleven (11); thence southerly along and upon the Easterly boundary Bne of said Let Eleven (11) to the Southeast Corner of Lot Eleven (11); Wence running Southwesterly along and upon the Southerly boundary time of Lot Eleven (11) to the Point of Eeglnning. Parcel ID Number. 400046148 2227 COCHIN GRAND ISf.rd4D ( "Property Address "): which currently has the address of [Sneer] ICiol, Nebraska 68803 [Zip Codel TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a pact 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." BORROWER COVENANTS that Borrower is lawfully 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. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. mnais. ® -BINEI moosi.o1 r "s" 3 m re Form 3028 1/01