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<br />200901734 <br /> <br />(0) ''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 />(P) ''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 RESP A. <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 rmder the Note and/or this Security Instrument. <br /> <br />TRANSFER OF RIGHTS IN TIIE PROPERTY <br /> <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreements rmder 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 in the <br />County of HALL <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction] <br /> <br />A TRACT OF L1mD IN TIm NORTHWEST 1/4 OF SECTION 24, TOWNSHIP 10 <br />'NOlITH, RANGE ~l WBST OF THE: 6TH P _1101 _, HALL COUNTY I NEBRASKA.., <br />DESdUBED AS FOLLOWS: COMME:NCING AT A POINT ON THE SECTION LINE <br />335 FEET WEST OF THE NOR~ 1/4 CORNER OF SAID S'ECTION, THENCE <br />WEST ON SEcrION LINE A DISTANCE OF 166 FEETi THENCE TO THE LEF'T <br />J1.x AN ANGLE OF 900 SOUTH: A DISTANCB OF 263 FEET I THENCE To' THE <br />LEFT la: AN ANGLE OF 90 a EAST A DISTANCE of 166' FEET; THENCE TO <br />THE LEFT NORTH 26'3 F'lmT TO THE POINT OF :B2GINNING <br /> <br />Parcel ill Number: 400221403 <br />8587 W WOOD RIVER RD <br />WOOD RIVER <br />("Property Address"): <br /> <br />which currently has the address of <br />[Street] <br />[City], Nebraska 68883-9405 [Zip Code] <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." <br />BORROWER COVENANTS 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 rmencumbered, except for encwnbrances <br />of record. Borrower warrants and will defend generally the title to the Property against all claims and <br />demands, subject to any encumbrances of record. <br /> <br />Initials: ~;> <br /> <br />230451 <br /> <br />.-6(NE) (D4D7l-D2 <br />@ <br /> <br />Form 3028 1101 <br />f l \ '" <br />t " ,) j <br /> <br />Page 3 of 15 <br /> <br />qY\4l- <br />.\ ; I' ;1 <br />