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20120507� <br />(P) �RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. § 2601 et seq.) and its implementing <br />regulation, Regulation X(24 C.F.R Part 3500), as they might be amended from time to time, or any additional <br />or successor legislation or regulation that govems the same subject matter. As used in ttus Security Instrument, <br />"RESPA" refers to all requirements and restrictions that aze imposed in regazd to a"federally related mortgage <br />loan" even if the Loan dces not qualify as a"federally related mortgage loan" under RESPA. <br />(Q) �Successor in Interest of Borrower" means any pariy 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 PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br />modificarions of the Note; and (ii) the performance of Borrower's covenants and agreements under this <br />Security Insttvment and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in <br />trust, with power of sale, the following described property located in the County of <br />�„� , [Type of Recording Jurisdiction] <br />[Name of Recording Jurisdiction] <br />The Southerly Twenty Four and One Half Feet (S241/2') of Lot Sixteen, All of Lot Seventeen <br />(17) excepting therefrom a tract of land more particularly described in Survivorship Warranty <br />Deed recorded as Document No. 77-001367, of County Subdivision of Section Five (5), <br />Township Nine (9) Noth, Range Nine (9) West of the 6th P.M., Hall County, Nebraska <br />which currently has the address of <br />Doniphan Nebraska <br />, <br />[ciry] <br />320 N Church Street <br />[street] <br />68832 ("Property Address"): <br />[Zip Code] <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also <br />be covered by this Security Instrument. All of the foregoing is refened to in this Security Instrument as the <br />"Property." <br />BORROWER COVENANTS that Bonower is lawfully seised of the estate hereby conveyed and has <br />the right to grant and convey the Properiy and that the Property is unencumbered, except for encumbrances of <br />record Borrower warrants and will defend generally the tide to the Property against all claims and demands, <br />subject to any encumbrances of record. <br />THIS SECURITY INSTRiJMENT combines uniform covenants for national use and non-uniform covenants <br />with limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br />IJNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower <br />shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges <br />NEBRASKA—Single Family—Fannie Mae/Freddie Mac UNIFORM INS1'RUMEIVT <br />NEBRASKA <br />ITEM 1915L3 (072611) <br />Form 3028 1/Ol <br />GreatDas� <br />(Page 3 of 14) <br />128463 <br />