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2oiooo3~~ <br />(O) "Periodic Payment" means the regulzrly 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) "Rh,SPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2fi01 et seq.) artd its <br />implementing regulation, Regulation X (24 C. F, R. Part 3500), as they might he ame~ttded horn tune to <br />time, or any additional or successor legislation or regulation that governs the same subject matter, As used <br />in this Security lnstrument, "RESPA" 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 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 Instrument, <br />TRANSFER OF RIGHT"S 1N THE PROPERTY <br />This Security Instrument secures to Lender; (i) the repayment of the l..oan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this <br />Security lnstrument 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 Kecording :ruristticti<~n] [Name of Raarrding ]urisdictionJ <br />A tract of land in the Northwest Quarter of the Northeast Quarter (NW1/4 <br />NE1/4), Section Twenty-Nine (29), Township Eleven (11) Narth, Range Nine <br />(9) West of the 6th P.M., Hall County, Nebraska described as: Beginning <br />at a point Thirty-Three (33) feet West and Five Hundred Eleven (511) feat <br />South of t~,e Northeast corner of such Northwest Quarter of the Northeast <br />Quarter (NW14 NE1/4), thence running Westerly and parallel to the Narth <br />line of such Northwest Quarter of the Northeast Quarter (NW1/4 N)Ca1/C), a <br />distance of One Hundred Seventy (170) feet; thence Northerly and parallel <br />to the East boundary of such section, a distance of Seventy-Ea.ght (7(3) <br />feet; thence Easterly and parallel to the North baundary of such <br />Northwest Quarter of the Northeast Quarter (NW1/4 NE1/Q) a distance of <br />pne Hundred Seventy (170) feat, thence Southerly and parallel to the East <br />line of such Northwest Quarter of the Northeast Quarter (NW1/9 NE1/4), a <br />distance of Seventy-Eight (78j f®et to the point of beginning, said tract <br />including a part of Lot Five (5), Block Two (2), Stewart Place <br />Subdivision, Hall County, Nebraska <br />Parcel ID Number: 400148994 which currently has the address of <br />2104 S BLAINE ST ~StrectJ <br />Grand Island Jc:iry], Nebraska 6$601-6900 iLip c'odeJ <br />("Property Address"): <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />casements, appurtenances, and fixtures now or hereafter a part of the property. All replacements arrd <br />additions shall also be covered by this Security Instrument. All of the forcgaing is referred to in this <br />Security Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has <br />the right to grant ~u~d convey the Property and that the Property is unencumbered, except for encumbrances <br />of record. Borrower warrants and will defend generally the title to the Property against all claims and <br />demands, subject to any encumbrances of record. <br /> <br />l <br />~i„~ua ig: <br />P$ge 3 of 15 <br />011000192 <br />Forrn 3028 1/01 <br />