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2003059.35 (0) 'Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) 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. Part 3500), as they might be 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 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 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 and conveys to Trustee, in trust, with power of sale, the following described property located in the County of - HALL [Type of Recording Jurisdiction] [Name of Recording Jurisdiction] LOT SEVEN (7). IN IMPERIAL VILLAGE SEVENTH SUBDIVISION. EXCEPT A TRACT OF LAND MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEASTERLY CORNER OF SAID LOT SEVEN (7): THENCE RUNNING NORTHWESTERLY ALONG THE EASTERLY LINE OF SAID LOT SEVEN (7). A DISTANCE OF ONE HUNDRED TWENTY FIVE AND SIXTY EIGHT HUNDREDTHS (125.68) FEET TO THE NORTHEASTERLY CORNER OF SAID LOT SEVEN (7); THENCE RUNNING SOUTHWESTERLY ALONG THE NORTHERLY LINE OF SAID LOT SEVEN (7), A DISTANCE OF FIVE (5.0) FEET: THENCE SOUTHEASTERLY TO THE POINT OF BEGINNING, HALL COUNTY. NEBRASKA. Parcel ID Number: 400047942 1816 HOWARD CT GRAND ISLAND ( "Property Address'): which currently has the address of [Street] [City], Nebraska 68803 -2520 [zip Codel 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 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 title to the Property against all claims and demands, subject to any encumbrances of record. 03 -03- 000030 m,. rii kK 229441 IT.M1y -aINH (000s) Pace Ot;S t9 /-�� 71 �/ Form 3020 1101