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<br />200806925 <br /> <br />(0) "Periodic Payment" means the regularly sched,uled amount due for (i) principal and interest under the <br />Note.. plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedure.~ Act (12 V.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 />tinie, or any additional or successor legislation or regulation that governs the same subject matter. As used <br />in this SecuritY Instrument. "RESPA" refers t~l all requirements and restrictions that are imposed in regard <br />'to a "federally related mortgage loan" even if the ,Loan doestiot 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 Instnntlent. <br /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br /> <br />. , <br />'. " . , '""". ' <br />This Security Instrument s,ecu'restoLelider: (i)the.tepaYlncllt oithe Lo,an, a1i4 all teuewals,~xtenSions and. <br />modifi~ations :of the N()te; . and (ii) thepedol1i1ance of Borrower's covenants andagreemenrs 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 described property located i1i the <br />CO\1nty , of HALL <br />[fype ofR~ording Jurisdiction] , [Name of Reconling Jurisiliction] <br />LOT SEVEN; (7) I ElLOCK THRtE (3), IN BETTER HO}1ES StJSDIV1SION I AN ADDITION <br />'TO THE CITY OJ' GRAND ISI"AN'o, HALL COUNT1, NEBRASKA <br /> <br />Parcel ID Number: 400018$3$ <br />928-930 SEDDY 51' <br />Grand Island <br />("Property Address"): <br /> <br />TOGETl:lER 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 cbvered by this Security Instrument. All of the foregoing is referred to in this <br />Security Instniment as the: "Property. " <br />BORROWER COVBNANTS that Borrower is lawfully seised of the estate hereby conveyed and has <br />the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances <br />of record. Borrower wan'ailts and will defend generally the title to the Property agllinstalJ claims and <br />demands, subject to any encumbrances of record. <br /> <br />which currently has the address of <br />[Street] <br />[City], Nebraska 68801-6735 [Zip Code] <br /> <br />e-6INEII0407).02 <br />o ' <br /> <br />~ <br />Initials: . <br /> <br />0110283305 <br /> <br />POgo " of 15 <br /> <br />-lD <br /> <br />Form 3028 1/01 <br />