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200302298 2127002 (0) "Periodic Payment" means the regularly scheduled amountdue for (i) principal and interestunder the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (P) "RESPA" means the Real EstateScUlementProcedmesAct (12 U.S.C. Section 2601 at seq.) and its implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulationthat governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirementsand restrictions that me imposed in regard to's "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note and /or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrumentsecures to fender: (i) the repaymentof the Loan, and all renewals, ecmions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreementsundet this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Tnrstee, in trust, with power of sale, the following desabed property located in the Recorder of Ball County [1S1. of Records, lurin diov] IName of Reconling laisaidion] Lot Five (5), Jeffrey Oaks Eighth Subdivision, in the City of Grand Island, Hall County, Nebraska. Parcel ID Number400398338 which currently has the address of 4075 Norseman ]street] Grand Island Icuyl, Nebraska 68803 [Zlp Curie] ( "Property Address!): TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the properly. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWERCOVENANTSthat Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencermbered,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. n yrL_ YYr: ® -6lNEl moon >y. a m rs Form 3026 1101