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<br />200703580 <br /> <br />~~~tancial institution to debit or credit an account. Such term includes, but is not limited to, <br />point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire <br />transfers, and automated clearinghouse transfers. . <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or <br />proceeds 'paid by any third party (other than insurance proceeds paid under the coverages <br />described 10 Section 5) for: (i} damage to, or destruction of, the Property; (ii) condemnation or <br />other taking of all or any part of the Property; (Hi) conveyance in lieu of condemnation; or (iv) <br />misrepresentations of, or omissions as to, the value and/or condition of the Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or <br />default on, the Loan. <br />(0) "Periodic Payment" means the regularly scheduled amount d\le for (0 principal and <br />interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Proced1,l1'es Act (12 U.S.C. Section 2601 et seq.) <br />and its implementing regulation, Regulation X (24 C.P,R. Part 3500), as they might be amendeq <br />from time to time, or any additional or successor legislation or regulation that governs the same <br />subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and <br />restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loau <br />does not qualify as a "federally related mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, <br />whether or not that party has assumed Borrower's obligations under the Note and lor this Security <br />Instrument. <br /> <br />TRANSFER OF RIGmS IN THE PROPERTY <br /> <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, <br />extensions and modifications of the Note; and (ii) the performance of Borrower's covonants and <br />agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably <br />grants and conveys to Trustee, in trust, with power of salo, the following described property <br />located in the COUNTY of HAL L <br /> <br />[Typ", of Recording Jurisdiction] <br /> <br />[Name of Reoording Jurisdiotion] <br /> <br />ttJr/ Il/fIfittl U/3tAU1 fqtJ I'M 1fl/r/rAtlittJl'JtrJfflIPN IV jtn.~1.1f/ /FtIH1/3/11r <br />~~/~~~/'~~1/~~fl <br /> <br />Lot Twenty-one (21), Block One (1), in the MOrris Addition to the <br />City of Grand Island, Hall County, Nebraska. <br /> <br />Parcel ill Number: <br />204 W 11TH GRAND <br />NEBRASKA <br />("Property Address"): <br /> <br />400063614 <br />ISLAND <br /> <br />which currently has the address of <br />[Strellt] <br />[City] ,Nebraska 68801 [Zip Code] <br /> <br />41\ -6INE) 10401') <br /> <br />po,. 3 of 10 <br /> <br />Inltillls: ). N\ k.~ <br />. Form 3028 1/01 <br />