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<br />200603823 <br /> <br />(0) "Periodie Payment" rneans the regularly seheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security lllstnlment. <br />(P) "RESPA" means the Real Estate Settlement Proeedun:s Aet (12 U.S.c. Seetion 2601 et seq.) and its <br />implementing regulation. Regulation X (24 C.F.R. Part 35(0), as they might be amended from time to <br />time, or any additional or successor legislation or regulation Ihat governs the same subject matter. As used <br />in this Security InstrulTlent, "RESPA" refers to all requiremenls and restrictions that are imposed in regard <br />to a "federally related mortg(lge loan" even if the Loan does not qualify as a "kderally related mortgage <br />loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" rneans any party that has taken title to the Property, whether or <br />not that party has assUlTled Borrower's obligations under the Note and/or this Security Instrument. <br /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br /> <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br />modifieations or the Note; and (ii) the performanee or Borrower's covenants and agreements under this <br />Seemity Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power or sale, the following described property located in the <br />Coun ty of HALL <br />rType 01' Rccnrding Jurisdiction] [Name of Recording Jurisdiction] <br />LOT FOUR (4), IN BLOCK ELEVEN (11), IN RUSSEL WHEELER'S ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br /> <br />l'arcellD Number: 400120224 <br />409 E 10th St. <br />Grand Island <br />("Property Address"): <br /> <br />which currently has the address of <br />[Street] <br />[City], Nebraska 68801-3923 IZip Code] <br /> <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtcnanccs, and fixtures now or hereafter a pan of the property. All replacements and <br />additions shall also be covered by this Security Instrumcnt. All of the foregoing is referred to in this <br />Security Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is lawrully seised of the estatc hereby conveyed and has <br />the right to grant and cOlivey the Properly and that the Property is unencumbered, l~xccpt for encumbrances <br />or reeord. Borrower wa rr:mt s and wi II defend general! y the ti lie to the Propen y ag,li nst all clai ms and <br />demands, subject to :lny l'lKurnbrances of n:eord. <br /> <br />Pa\Je 3 01 1 5 <br /> <br />Initlal5: -2-if- <br /> <br />0110252081 <br /> <br />G-6INE) (0407).01 <br />@ <br /> <br />Form 3028 1/01 <br />