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�012�199� <br />(Q) "PerFr�ic Payment° means the regularly scheduled amount due for (i) priacipal and interest emder che <br />Note, plus (ii) any amounu under Sectlon 3 of [his Security Ir�stceiment. <br />(� "RESPA" means the Reai FstaCe Setttement Proceduress Act (12 U.S.C. S�tion 2601 et seq.) and i�[s <br />implementing regulation, Regul�tion X{24 C.F.R. Fart 3500), as they miglu he ameaded from time to <br />time, or any additional or successor legislation ar reg��ladon that governs the same subject matter. As used <br />in r.fiis Secarity Instn,ument, °RESPA" refers to all require�ents and restrictions that sre i�osed in regard <br />co a"fedeially related mortgage loan° evea if the Loan daes nat qu�lify as a"federally related martgage <br />loan" under RESPA. <br />(Q) "Succes�r in. Tnterest of Barrnwer" means anY P�Y that has taken title to the Prupertp, whether or <br />aot tl�at party has assumed Bortower'a obligaaans under the Note and/or this Sec�rity Instruaient. <br />TRANSFER OF RIGHTS IN THE PROPER�'Y <br />This Security Instrument secures to Lender: {i) the regaymeut of the Loan, and all renewals, extenslons and <br />modifications of the Note; and {'u} the perforurance of Borrower's coven�nts and agreements under this <br />S�urity Ins�ument and the Note. For this purgose. Barrower irrevocably grants and canveys to <br />Truscee, in trust, with gower of sale, ti�e following described property located in the <br />County of Hall • <br />ITYPe of Reoording Jurisdic[uon] [Nsnne of Recordtng 7ut3sdicrion] <br />Lot Fifteen t15), Block Five (5), College Addition to West Lawn, <br />in the City of Grand Island, Ha.11 County, Nebraska. <br />Parcei ID Number: 400033488 <br />2404 ft Lafayette, Grand Island <br />("PI'OpBrfy AC1C1TeSS°�. <br />which currendy bas the addr�ss af <br />Nebras�a � <br />[City] , ebraska 68803 [Zip Cnde] <br />TQGETHER WITH all the irnprovements now or hereaftei ezected on the pmpeny, sud all <br />easemeuts, appurtenauces, and fixtures now or hereafter a part of the property. All replacemeo�ts aad <br />additioas shall atso be cavered by this 5ecurity Instru�nent. ALl of the foregaing is refsrred w in this <br />S@CF2I�Ly �IIS�,TEllllt� 8S �1B °+ i"Y`"I�. <br />BORROWER COVENANTS tha3 Borrowet is lawfiiIly seised of the esta.te hereby conveyed and. has <br />the ri�ht to grant and oonvey the Pragerty and that the Praperty is tt�nc�un.bered, except for encumbrances <br />af recarct. Bc►rrower warrants and wili defend generatly the ci8e to the Property against all claims and <br />demands, subject ta anp eneumbsances �f record. <br />� -6G(atE} t000s�.o� Page 3 of 76 <br />� <br />E•� � <br />w,m 3a2$ �ro� <br />