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201806880 <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et <br />seq.) and its implementing regulation, Regulation X (12 C.F.R. Part 1024), as they might be <br />amended from time to time, or any additional or successor legislation or regulation that governs <br />the same subject matter. As used in this Security Instrument, RESPA refers to all requirements and <br />restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does <br />not qualify as a "federally related mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, <br />whether or not that party has assumed Borrower's obligations under the Note and/or this Security <br />Instrument. <br />Transfer of Rights in the Property. This Security Instrument secures to Lender: (i) the repayment <br />of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of <br />Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, <br />Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following <br />described property located in the County [Type of Recording Jurisdiction] of Hall [Name of Recording <br />Jurisdiction] SEE ATTACHED LEGAL DESCRIPTION <br />Parcel ID Number: 400384477 which currently has the address of 331 PONDEROSA DR [Street] <br />GRAND ISLAND [City], Nebraska 68803 [Zip Code] ("Property Address"): <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 <br />shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security <br />Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and <br />has the right to grant and convey the Property and that the Property is unencumbered, except for <br />encumbrances of record. Borrower warrants and will defend generally the title to the Property against <br />all claims and demands, subject to any encumbrances of record. <br />THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform <br />covenants with limited variations by jurisdiction to constitute a uniform security instrument covering <br />real property. <br />Uniform Covenants. Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late <br />Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the <br />Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds <br />for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument <br />shall be made in U.S. currency. However, if any check or other instrument received by Lender as <br />payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require <br />that any or all subsequent payments due under the Note and this Security Instrument be made in one <br />or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, <br />bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution <br />HCFG-00359 1107100018212 <br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VM POD 12/ 7 <br />Wolters Kluwer Financial Services 2018101217.1.0.4574-J20180529Y Page 3 of 17 <br />ii' • <br />101 <br />