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201209385 matter. As used in this Security Instrument, RESPA refers to all requirements and restrictions that are imposed in regard to a"fcderally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (Q) "Successor in Interest ofBorrower"means any party thathas taken title to the Property,whether or not that party has assumed Borrower's obligations under the Note and/or this Sectuity Instrument. Transfer of Rights in the Property. This Security Instrument secures to Lender. (i)thc repayment of the Loan; and all renewals, extensions and modifications of the Note; and(ii)the performance of Borro��er's cocenants and agrcements under this Security Instrument and the Note. For this purpose, Borro«�er irrevocably grants and conveys to Trustee,in trust,with power of sale,the following described property located in the County [Type of Recording Jurisdiction]of Hall[Name of Recarding Jurisdiction] LOT 7, EAGLE LAKE EST�ITES SUBDNISION,HALL COUNTY ,NEBRASKA. Parcel ID Number: 4002 1 0 1 42 which currently has the address of 4305 Quail LN [Sueet]Grand Island [City�,Nebraska 68801 [Zip Code] ("Property Address"): TOGETHER W1TH all the improvements now or hereafter erected on the property, and all easements, appurtenances,and fixtures now or hercafter a part of the property. All replacements and additions shall also be covered by this Security Instnunent.All of the foregoing is referred to in this Security Instrument as the "Property." BORROW ER COVENANTS that Borrower is lawfully seised ofthe estate hereby conveyed and has the right 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 to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform sccurity instrumcnt covering real property. Uniform CovenBntS. Borrower and Lcnder wvcnant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower sha71 pay when due the pnncipal of; and interest on,the debt evidenced by the Note and any prepayment charges and late charges due undcr the Note.Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall 6e made in U.S. cuaency. However, if anc check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequcnt paymcnts due underthe Note and this Securiiy lnstnunent be made in one or more of the following forms, as selected by Lender: (a)cash; (b)moncy order; (c) certified check,bank check,treasurer's check or cashier's check,providcd any such check is drawn upon an institution whose deposits aze insured by a federal agency, instrumentality, or entity; or(d) EleeVonic Funds Transfer. Payments arc deemed receivcd by Lender when received at the location designated in the Note or at such other location as may bc designated by Lender in accordance with the notice provisions in Section 15. Lender may retum an}�payment or partial payment if the pay�nent or pardal pacments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the HCFG-00359 NEBRASKA-Single Famiy-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1I01 VMP� 05112 Wol[ers Kluwer Financial Services 201 21 0 31 4.1 1 233GJ20120529V Pape 3 W 16 II�II,I,IIII,IIIII'lll�lll��,��l,llllllllll�llllll