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20�207077 <br />(0) "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 S�urity Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. 5ection 2601 et seq.) and its <br />implementing regulation, Regularion X(24 C.F.R. Part 3500), as they might be amended from time to <br />time, or any additional or successor legislation or regulation that govetns the same subject matter. As used <br />in this Security Instrument, "RESPA" refers to all requirements and restrictions that aze imposed in regazd <br />to a"federally related mortgage loan" even if the Loan does not qualify as a"federally relatefl mortgage <br />loan" under RESPA. <br />(� "Successor in Interest of Borrower" means any party that has taken tifle to the Property, whether or <br />not that party has assum� Bonower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument s�ures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Bonower's covenants and agreements under this <br />S�uriry Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following describe�i property located in the <br />County of Hall . <br />[Type of Recording Jurisdicdon] [Name of Recording Jurisdiction] <br />Lot Thirty Four (34). Block One (1), Brentwood Subdivision, in the City <br />of Grand Island, Hall <br />County, Nebraska <br />Pazcel ID Number: 400024543 <br />2220 Woodridge Ln <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />[s�reet] <br />�city�, Nebraska 68801 Izi� coae� <br />" TOGETHER W1TH all the improvements now or hereai'ter erected on the property, and all <br />easements, appurtenanc�, and fixtures now or 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 Instnunent as the "Property. " <br />BORROWER COVENANTS that Borrower is lawfully 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 ritle to the Property against all claims and <br />demands, subject to any encumbrances of record. <br />Inhials: �� <br />�-6G1NE) (000s�.o� Page 3 of 15 Form 3028 1/01 <br />O <br />