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<br />200706105 <br /> <br />(0) "Periodic Payment" means the regularly scheduled amouiltdue for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3. of this Security Instrument. . <br />(I') "RESPA" means the Real Estate Settlement Procedures Act (12 U,S;C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X (24C.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 Instru1llent, "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 />(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 OFRIGHTS IN TaE PROPERTY <br /> <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all reriewats.extensions and <br />modifications of the Note; and (ii) the performance of Borrower's covenants andagteements under this <br />Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following describedprbperty located in the <br />Court ty of HALL <br />ffype of Recording Jurisdiction] [Name of Recording Jurisdiction] <br />THE EAST FORTY-FIvE (45) FEET OF LO.TS ONE HtJNoREDFIFTEEN (115) AND ONE <br />HUNDREbSIXTEEN (116), HAWTHORNE PLACE, LOCATED ON PART OF THE NORTHWEST <br />QUARTER (NWl/4) OF SeCTION TWENTY-1'WO (22), TOWNSHIP ELEVEN (11) NORTH, <br />RANGE NINE (9) ,WESTOJi" THE 6TH P.M. ,HALL COUNTY ,NEBRASKA <br /> <br />ParcellD Number: 400044420 <br />405 EPhoeni:Jt Ave <br />Gra.nd!s1and <br />("Property Address"): <br /> <br />which currently has the address of <br />[Street] <br />rCity], Nebtaska GSSOl-8048 [Zip Code] <br /> <br />TOGETHER.. WITH all the.. iinprovements now.. or. . hereafter erected . on . the . property, and all <br />easements, appurtenances, and fixtures now or hereafter apart of the property. Allreplacements and <br />additions ,shall also be covered by this Security Instrument. All of the foregoing is referred to in this <br />Security Insrru'ment as the "Property. " <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby eonveyedand has <br />therightto grant and convey the Property and that the Property is unencumbered, excepUoren.cumbrances <br />of recotd.Borrower warrants and will defend geilet8Ily the title to the property against all claims and <br />derrllmds, subject to any encumbrances of record. . <br /> <br />Initialt: <br /> <br />l~jA <br /> <br />01102G9441 <br /> <br />S-6INEI(0407).02 <br />~. <br /> <br />pig. 3 of 15 <br /> <br />Form 3028 1/01 <br />