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200303268 (0) "Periodic Payment" means die regularly scheduled amount due for (i) principal and interest under the Note, plus (i) any amounts under Section 3 of this Security Instrument. (P) "RESPA" means the Real Fstate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X (24 C.F.R. Pair 3500), as they might be amended from time to tune, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan' even if the Loan does amt 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 patty has assumed Borrower's obligations under the Note and /or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument secures to Lender: (i) the repayment of the Iran, and all renewals, extensions slid modifications of the Note; and (it) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this propose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of HALL [Type of Recording Jurisdiction [Same of Recording Jurisdiction I Legal Description Attached Hereto and Made a Part Hereof. rjLX `1 wtieeler`S rx.da �F}t(I�uG) Parcel ID Number: which currently has the address of 319 W 12 ST [sorodl GRAND ISLAND leityl, Nebraska 68801 Iz"Cwel ( "Property Address'): TOGETHER WITH all the improvements now or hereafter erected on the properly, and all easements, appurtenances, and fixtures now or hereafter a part of the property. 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." BORROWER COVENANTS that Borrower is lawfully seised of the 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 tide to the Property against all claims and demands, subject to any encumbrances of record. 0 0 4 4 15-40 6 00 =Sy 55 _ �®e1NEl wooai 1,e.11 03/05/2003 5:24: rm3028 1/01