Laserfiche WebLink
4 <br />200507667 <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X (24 C.F.R, Part 3500), as they might be amended from time to <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard <br />to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage <br />loan" under RESPA. <br />(Q) "Successor in interest of Borrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and /or this Security Instrument, <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this <br />Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described property located in the <br />County of HALL <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction] <br />A TRACT OF LAND COMPRISING A PART OF THE WEST HALF OF THE NORTHEAST <br />QUARTER (W1/2NE:1/4) OF SECTION TWO (2). TOWNSHIP TWELVE (12) NORTH, RANGE <br />TEN (10) WEST OF THE 6TH P.M., HALL COUNTY. NEBRASKA, AND MORE <br />PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF <br />SAID NORTHEAST QUARTER (NE1 /4): THENCE EASTERLY ALONG AND UPON THE NORTH <br />LINE OF SAID NORTHEAST QUARTER (NE1 /4), A DISTANCE OF SEVEN HUNDRED <br />SIXTY -EIGHT (768.0) FEET: THENCE SOUTHERLY, PARALLEL WITH THE WEST LINE <br />OF SAID NORTHEAST QUARTER (NE1 /4), A DISTANCE OF SIX HUNDRED SIXTEEN <br />(616.0) FEET: THENCE WESTERLY, PARALLEL WITH THE NORTH LINE OF SAID <br />NORTHEAST QUARTER (NE1 /4). A DISTANCE OF SEVEN HUNDRED SIXTY -EIGHT <br />(768.0) FEET TO A POINT ON THE WEST LINE OF SAID NORTHEAST QUARTER <br />(NE1/4): THENCE NORTHERLY ALONG AND UPON THE WEST LINE OF SAID NORTHEAST <br />QUARTER (NE1 /4), A DISTANCE OF SIX HUNDRED SIXTEEN (616.0) FEET TO THE <br />POINT OF BEGINNING. <br />Parcel ID Number: 400459574 which currently has the address of <br />4151 W LOUP RIVER RD [Street] <br />GRAND ISLAND [city], Nebraska 68803 -9516 [zip Code] <br />( "Property Address "): <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this <br />Security Instrument as the "Property," <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has <br />the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances <br />of record. Borrower warrants and will defend generally the title to the Property against all claims and <br />demands, subject to any encumbrances of record. <br />229897 <br />Initial s <br />-6(NE) loony Page 3 of 15 Form 3028 1/01 <br />