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200910209 <br />(O) "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 />i~ "IZESPA" means the Real Estate Settlement Procedures Act (12 U.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 ar successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument, "RESFA" refers to ail 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 />(~ "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 />TRANSFER OF RIGHTS IN THE FROPERTY <br />This Security Instrtment 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 under this <br />Security Instrument and the Nate. 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 />Part of the Northeast Quarter of the Southeast Quarter (NE1/4 SE1/4) of Section Four (4), Township Twelve <br />(12) North, Range Eleven (11) West of the 6th P.M., in Hall County, Nebraska, more particularly described as <br />follows: Beginning at the northeast comer of said Northeast Quarter of the Southeast Quarter (NE1/4 <br />NE1/4); thence running southerly along the east line of said Northeast Quarter of the Southeast Quarter <br />(NE7/4 SE1/4), a distance of Five Hundred Fifty (550.0) feet; thence deflecting right 89°26'34" and running <br />westerly a distance of Eight Hundred Thirty One and Sixty Four Hundredths (831.64) feet; thence deflecting <br />right 90°33'26" and running northerly a distance of Five Hundred Fifty (550.0) feet, to a point on the north line <br />of said Northeast Quarter of the Southeast Quarter (NE1/4 SE1/4); thence deflecting right 89°26'34" and <br />running easterly along the north line of Bald Northeast Quarter of the Southeast Quarter (NEi/4 SEi/4), a <br />distance of Eight Hundred Thirty One and Sixty Faur Wundredths (831.64) feet, to the point of beginning. <br />Parcel ID Number: 400405334 <br />e4o6 x ilot:n Ra <br />Darinebrog <br />("Property Address"): <br />which currently has the address of <br />[Street) <br />[City], Nebraska 66831 [zip Code] <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fixtures now ar 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 Harrower is [awfully 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 warrants and will defend generally the title to the Property against all claims and <br />demands, subject to any encumbrances of record. <br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />-6(NEllos>>1 paae3ort5 initials: Form 3028 1/07 <br />? x `4 ~ i. <br />