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200303721 (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any mmemrts under Section 3 of this Security Instrument. (P) "RESPA" means the Real Estate Settlement Pruccdums Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X (24 CA R. Pan 3500), as they might he amended from time to 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 'federally related mortgage loan" even it the Loan does not quality 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 Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants mid conveys to Tmslec, in trust, with power of sale, the following described property located in the County Of Hall [Tree of RecoNing mrlsnicrianl [Name of Becoming luriwlicnon] LOT FOUR (4,) CASTLE ESTATES SUBDIVISION, HALL COUNTY, NEBRASKA Parcel ID Number 400202212 which currently has the address of 4025 REGAL DRIVE [Street] GRAND ISLAND [City 1, Nebraska 68803 [Zi, Cade] ( "Property Address "): TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a par[ 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 imencumfiered, 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. (M- 61NE)asi.o1 >enea0 i5 "po mo i.._ Form3028 1101