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200303486 (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (it) any amounts under Section 3 of this Security Instrument. (P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X (24 C.F.R. Put 3500), as they might be amended from time m time, 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 Tederatly 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 tide 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 Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (it) the performance of Borrower's covenants and agreements under this Security Instrument and the Now, For this purpose, Borrower irrevocably grants and conveys in Toaster, in trust, with power of sale, the following described property located in the COUNTY of HALL IT,i, of Recording lumdiet —o [Name A Recording Jnriedimionl LOT 9 OF ABRAHAMSON'S SUBDIVISION NUMBER THREE LOCATED ON AND BEING A SUBDIVISION OF BLOCK 20 IN SCHIMMER'S ADDITION TO THE CITY OF GRAND ISLAND. HALL COUNTY. NEBRASKA. Parcel ID Number: 400008157 which currently has the address of 608 W 16TH ST GRAND ISLAND [Sneeq (CityL Nebraska 68801 [Zip Cede] ( "Property Address "): TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a put 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 esmte 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 in the Property against all claims and demands, subject to any encumbrances of record. �� 0000825188 mmai >: .6(NE) i000si vage 3 e rs ,�. � Form 31128 1101