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<br />200603226 <br /> <br />(0) "Periodic Pllyment" means the regularly scheduled amount dw: for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security InstrUlnent. <br />(P) "RE~T'A" lneans the Real Estate Settlernent Procedures Act (12 U.S.C. Section 2601 ct seq.) and its <br />implementing regulation. Regulation X (24 C. F. R. Part 35(0), as they rnight 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 InstrUlm:nL "RESPA" refers to all requirements and restrictions that arc irnposed 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 Instrurnent. <br /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br /> <br />This Security Instrument secures to Lender: (i) the repayment ofthe Loan. and all renewals, extensions and <br />modifications of the Note; and (ii) the perfcmnance of Borrower's covenants and agreements under this <br />Security Instrument and the Note. For this purposc, Borrower irrevocably grants and conveys to <br />Trustee, in trust. with power of sale, the f()llowing described property located in the <br />Coun ty of HALL <br />lType of R"l"lrding .JurisdictionJ [Name of Recording Jurisdiction] <br />LOT NINE (9), IN BLOCK ONE (1), IN JACK VOSS SECOND SUBDIVISION, IN THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br /> <br />ParccllD Number: 400164868 <br />4307 Michigan Ave <br />Grand Island <br />("PI' operty Address"): <br /> <br />which currently has the address of <br />l S lreel] <br />lCity]. Ncbraska 68803-1015 llip Code] <br /> <br />TOGETHER WITH all the improvements now or hereaftcr erected on thc property, and all <br />cascrncnts. 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 Instrurnent as the "Properly." <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 uneneurnbered, except fc)r encumbrances <br />of record. Borrower warrants and will defend generally thc title to the Property against all claims and <br />demands. subject to any encumbrances of record. <br /> <br />Initial,;: ~vJ (fYftJ <br /> <br />0110247977 <br /> <br />S-6(NE) (0407),01 <br />(t) <br /> <br />Pa;je 3 of 1 5 <br /> <br />Fonn 3028 1/01 <br />