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200600264
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200600264
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Last modified
1/10/2006 4:11:34 PM
Creation date
1/10/2006 4:11:32 PM
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DEEDS
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200600264
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<br />200600264 <br /> <br />(P) "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 />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 V.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 />(R) "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 /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrumenl is MERS (solely as nominee for Lender and <br />Lender's successors and assigns) and the successors and assigns of MERS. This Security <br />Instrument secures to Lender: (I) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (Ii) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note, For this purpose, Borrower Irrevocably grants and <br />conveys to Trustee, in trust, with power of sale, the following described property located in the <br />COUNTY of HALL <br />[Type of Reco''dingllsdlClionl [Name of Recording Jurlsdlclion] <br />I.DI' 23, IN ANDERSON' SUBDIVISION, AN ADDITION TO THE CITY GRAND ISlAND, <br />HALL COUNTY, NEBPAS . <br /> <br />ParcellD Number: 400008580 <br />1043 S VINE STREET <br />GRAND ISIAND <br />(" Property Address ") : <br /> <br />which currently has the address of <br />IStree,1 <br />[Cilyl , Nebraska 68801- [Zip Code) <br /> <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 Securlty Instrument. All of the foregoing is referred to in this <br />Security Instrument as the "Property." Borrower uoderstands and agrees that MERS holds only legal title <br />to the interest granted by Borrower In this Security Instrument, but, if necessary to comply with law or <br />custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any <br />or all of those interests, including, but not limited to, the right to foreclose and sell the Property: and to <br />take any action required of Lender including, but not limited to, releasing and canceling this Security <br />Instrument, <br />00619684 <br /> <br />InitlilIS;~ <br /> <br />_-6A(NE) 10407) <br /> <br />pagt!ll 3 of 15 <br /> <br />Fonn 3028 1/01 <br />
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