200205597 - Laserfiche WebLink

Browse

200205597 (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (u) any amount., 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 "falerally related mortgage loan" under RFSPA. (Q) "Successor in Interest of Borrower" means any party that has taker[ title to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGIITS IN THE PROPERTY This Security instrument secures to Leader: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants end agreements under this Security Instrument end 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 ['I ype of KCeording lurisdidion] [Nome of ReecedinS hinsdiaionl FRACTIONAL LOT ONE (1), IN BLOCK ELEVEN (11) OF CHARLES WASHER'S ADDITION TO THE CITY OF GRAND ISLAND, AND ITS COMPLEMENT, TO -WIT: ALL OF FRACTIONAL BLOCK ELEVEN (11) OF PALMER'S SUBDIVISION OF LOT NUMBER SEVEN (7). OF THE COUNTY SUBDIVISION OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER (SEI /4 SW1 /4) OF SECTION NUMBER SIXTEEN (16). IN TOWNSHIP ELEVEN (11) NORTH. RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA. Parcel R) Number: 400107597 which currently has the address of 1501 W DIVISION ST [syset] GRAND ISLAND [City], Nebraska 68801 -5743 [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." 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 u cineurnbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claima and de [ands, subject to any encumbrances of record. �/��,�� 229137 ® 61NFI (000 5) rim of 15 �� Porn 3028 1101