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<br />200606735 <br /> <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <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 D.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, "RESP A" 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 TN THE PROPERTY <br />The beneficiary of this Security Instrument 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 Recording Jurisdiction] [Name of Recording Jurisdiction] <br />~= COIvI11u::, <: ~L ~~eruPfI8tJ li'ii('FIIiit' It 1 iXl 1181l' . J.. A" "'1.1"I~ IIIii'IIirQ ".,n I. ^ Ii'Ii ^ ~^ Ar WIiRWf. <br /> <br />LOT TWENTY (20) AND THE NORTHWESTERLY TWENTY (20) FEET OF LOT NINETEEN (\ 9), BLOCK THREE (3), <br />SECOND ADDITION TO THE HOLCOMB'S HIGHWA Y HOMES SUBDIVISION, A SUBDIVISION,OF A PART OF THE <br />NORTHEAST QUARTER OF THE NORTHEAST QUARTER (NEI/4NEI/4) AND A PART OF LOT FOUR (4) MAINLAND, <br />SECTION TWENTY-EIGHT (28), TOWNSHIP ELEVEN (I I) NORTH, RANGE NINE (9) WEST O~ THE 6TH PM., HALL <br />COUNTY NEBRASKA SAID TRACT BEING DESCRIBED AS STARTING AT A POINT WHERE CORNERS OF LOTS _ <br />NINETEEN (\ 9) AND T\VENTY (20) IN SAID BLOCK AND ADDITION MEET AND ABUT ON BRAHMA S,TREET, TJ:IENCE <br />SOUTHEASTERL Y ALONG THE FRONT LOT LINE OF SAID LOT NINETEEN (19) A DISTANCE OF TWENTY (20) FEE:, <br />THENCE SOUTHWESTERLY AND PARALLEL TO THE LOT LINE BETWEEN SAID LOTS NINETEEN (19) AND !WEN fY <br />(20) TO THE PLACE WHERE SAID LINE INTERSECTS WITH THE REAR OR SOUTHWESTERLY LOT LINE OF SAID LOT <br />NINETEEN (19), THENCE NORTHWESTERLY ALONG SAID REAL LOT LINE OF S~ID LOT NINETEEN (19) A . . <br />DISTANCE OF APPROXIMA TEL Y TWENTY (20) FEET TO THE WESTERLY REAR C<?RNER B~TWEEN S,AID LOl S <br />NINETEEN (19) AND TWENTY (20), AND THENCE NORTHEASTERLY AND ALONG mE LINE B.ETWEEN~AlD LOTS, <br />NINETEEN (19) AND TWENTY (20) A DISTANCE OF ONE HUNDRED FORTY AND FIVE TENTHS (\40.5) FEET, TO THE <br /> <br />PLACE OF BEGINNING <br /> <br />Parcel ID Number: 400046229 <br /> <br />2134 BRAHMA ST <br />GRAND ISLAND <br /> <br />[City], Nebraska <br /> <br />which currently has the address of <br />[Street] <br />[Zip Code] <br /> <br />68801 <br /> <br />("Property Address"): <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 Security Instrument. All of the foregoing is referred to in this <br />Security Instrument as the "Property." Borrower understands 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 sec:rity 111 <br />',,'rum,nt. ~ <br /> <br /> <br />VMP-6A(NE) (0407) Page3ot15 Fonn3028 1/01 <br />