201009650 - Laserfiche WebLink

Browse

2oiooss5o (0) "Periodic Payment" rneans the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amaunts under Section 3 of this Security Instrument. (P) "RESPA" rneans the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might bc amended fram cime to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that aze imposed in rcgard to a"federally related rnortgage laan" even if the L,oan does not qualify as a"federally related mortgage loan" under RESPA. (Q) "Succcssor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Npte and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument secures to Lender: (i) the repayment of the Laan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Bonower's covenants and agreements under this Security Instnunent and the Note. Far this purpose, Borrawer irrevocably grants and conveys to Trustee, in trust, with power af sa1e, the following described property located in the County of Hall . [Type of Recording Jurisdiction] [Name of Recording Jurisdiction] Lot Eleven (11), Block One (1), Ponderosa Lake Estates Third 5ubdivision, in the City of Grand Island, Hall County. Nebraska Parcel ID Number: 400364816 164 Ponderosa Ct Grand Island ("Property Address"): which currently has the address of [Sveet] [C�ry], Nebraska 688q3 [Zip Code] TOGETHER WITI� all the irnprovements now or hereafter erected on the property, and all easements, appurtenances, and �xtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." B�RROWER COVENANTS that Borrower is lawfully seised of the estate hereby canveyed and has the righC to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title ta the Property against all claims and demands, subject to any encumbrances of recard. NEBRASKA - Single Family - Fannia Mae/Freddia Mac UNIF4RM INS7RUMENT �-BINE) losi i I Page 3 of 15 Initfals: �� Farm 3028 9/09 � # �• ;« .