Laserfiche WebLink
<br />200602921 <br /> <br />(0) "Periodic Payment" means the regularly schcdukd amount due for (i) principal and intcrcst under the <br />Note, plus (ii) any amounts under Section 3 of this Sccurity Instrument. <br />(P) "RESPA" mcans the Rcal Estate Settlemcnt Proccdures Act (12 U.S.C. Section 2601 et seq.) and its <br />impkmcnting regulation, Regulation X (24 C.F. R. Part 35(0), as they might be arnended from time to <br />time, or any additional or successor legislation or regulation that governs the same subject mattcr. 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 /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br /> <br />This Sccurity Instrument secures to Lender: (i) the repayment of thc Loan, and all renewals, cxtensions and <br />modifications of the Note; and (ii) the performance of Borrower's covcnants and agreements under this <br />Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, III trust, with power of sale, the following described property located in tht: <br />County of HALL <br />ITyp,; of Rccording Jurisdiclion] [Namc of Recording Jurisdiction] <br />LOT FIVE (5), BISHOP HEIGHTS SUBDIVISION, IN THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br /> <br />ParccllD Number: 400151715 <br />2217 GATEWAY AVE <br />Grand Island <br />("Property Address"): <br /> <br />which currently has the address of <br />[Slreet] <br />[City], Nebraska 68803-2244 [Zip Codcl <br /> <br />TO(jETHER WITH all the improvemcnts now or hereaftcr erected on thc property, and all <br />easements, appurtt:nances, and fixtures now or hereafter a part of the propcrty. All replaccments and <br />additions shall also be covered by this Sccurity Instrumcnt. All of the foregoing is referred to in this <br />Security Instrumcnt as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully scised of the estatc hereby conveyed and has <br />the right to grant and convey the Property and that the Property is unencumbcred, exccpt for encumbrances <br />of record. Borrower warrants and will dcft:nd generally the titk to the Property against all claims and <br />demands, subject to any encumbrances of record. <br /> <br />Page 3 of 1 5 <br /> <br />InitiaIS:~' <br /> <br />Y-W6 <br /> <br />0110247901 <br /> <br />C!-6(NE) (0407),01 <br />ct> <br /> <br />Fonn 3028 1101 <br />