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Feb -17 -05 03:59pm From - ARGENT MORTGAGE 18474399688 T-018 P- 002/004 F-643 <br />200501428 <br />(0) "Periodic paMent" means the regularly scheduled amount due for (i) principal and intert:st under the <br />Note, plus (iu) any amouutc under Section 3 of this Security Instrument. and its <br />(F) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 d iorn <br />implementing regulation, Regulation X (24 G.F.R. Part 3500), as they might be ameuded i'rom time to <br />time, or atiy additipnal or successor legislation or regulation that governs the same subject ma'ttedr. used <br />in this, Security Ins rumens, "RESPA" refers to all regturemeuta and restrictions that are imp g <br />to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage <br />loan" under RESPA. „ that has taken title to the Propert} , whether or <br />(Qa "Successor in; Interest of Borrower means any party <br />not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <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 agreetnelm ounderythis <br />Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys <br />in trust, with power of sale, the following described property located in the <br />C of HALL <br />County <br />[ <br />['type of 1;L-cording Jurisdiction] �Iamc of Recardirtg Jurisdiction I <br />LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF: <br />parcel 1D NurabFr: 400155427 which currently has the address of <br />[streci] <br />1825 FREEDOM DR. [cuy], Nebraska 68803 [zip Code] <br />GRAND ISLAND <br />( "Property Address'): <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 reft:rred 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 grat}r and convey die Property and that the Property is unencumbered, except for encumbrances <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 />006800 5 9701 <br />-6(NE) 100061 p6082of15 02/17/2005 2: 18 Farm 3028 1/01 <br />