<br />200709607
<br />
<br />(0) "Periodic Payment" means the regularly scheduled amoun! due for (i) principal and interest under the Note, plus (ii)
<br />any amounts under Section 3 of this Security Instrument,
<br />(P) "RESP A" means the Real Estate Settlement Procedures Act (12 U.S.c {:i260l el seq,) and its implementing regulation,
<br />Regulation X (24 C.F.R, Part 3500), as they might be amended from time to time, or any additional or successor legislation
<br />or regulation that governs the same subject matter. As used in this Seeuriry Instrument, "RESP A" refcrs to all requirements
<br />and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a
<br />"federally relaled mortgage loan" under RESP A.
<br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has
<br />assumed Borrower's obligations under the Note and/or this Security Instrument,
<br />
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />
<br />This Securirylnstrument secures to Lender: (i) thc repayment of the Loan, and all renewals, cxtensions and modifications of
<br />the Note; and (ii) the performance of Borrowcr's covenants and agreements ll11der this Securiry Instrument and tlle Note,
<br />For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described
<br />propcrty located in the Ql.!'_n.!Y_..__. of Hall __
<br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction]
<br />Lot Eleven (11), Block Two (2), Northview First Subdivision, in the City of Grand Island, Hall County,
<br />Nebraska
<br />
<br />which currently has the address of~O?~.N:~rthview Drive
<br />
<br />[Ciry]
<br />
<br />, Nebraska 68803
<br />[Zip Code]
<br />
<br />[Street]
<br />("Property Address"):
<br />
<br />Grand Island
<br />
<br />TOGETHER WITH all the improvements now or hereafter erected On the property, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by
<br />tllis Security Instrument. All of the foregoing IS referred to in this Seeuriry Instrument as the "Property,"
<br />
<br />BORROWER COVENANTS that Borrower is lawfuIly seised ofthe estate hereby conveyed and has the right to
<br />grant and convey the Property and that the Property is ll11encumbered, except for encumbrances of record, Borrower
<br />warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbmnces of
<br />record,
<br />
<br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with
<br />limited variations by jurisdiction to constitute a ll11iform security instrument covering real property,
<br />
<br />UNIFORM COVENANTS, Borrower and Lender covenant and agree as follows:
<br />I, Payment of Principal, Interest, Escrow Items, Prepayment Char~es, and Late Charges, Borrower shall
<br />pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges
<br />duc under thc Note. Borrower shall also pay funds for Escrow Items pnrsuant to Section 3, Payments due under the Note
<br />and this Security Instrument shall be made in U.S. currency. Ilowever, ifany check or other instrument received by Lender
<br />as payment under the Notc or this Security Instrument is returned to Lender unpaid, Lcnder may require that any Or all
<br />subsequent payments due under the Note and this Security Instrument bc made in one or more of the following forms, as
<br />selectcd by Lcnder: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check,
<br />providcd any snch check is drawn npon an institution whose deposits are insured by a federal agency, instrumentality, or
<br />cntiry; or (d) Electronic Fll11ds Transfer.
<br />
<br />NEBRASKA-Single Family-.Fannie MaelFreddie M., UNIFORM INSTRUMENT
<br />9754.CV (t/05) 6898507i40
<br />
<br />Form 302S 1/0 I (page 2 ~f 8 pages)
<br />Creative Thinking, Inc.
<br />
<br />GOTO(00l(,.707)
<br />
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