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200307282 <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 of seq.) and its <br />implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instmment, "RESPA" refers to all requirements and restrictions that are imposed in regard <br />to a "federally related mortgage loan" even if the Low does not qualify as a "federally related mortgage <br />loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party [list has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and /or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Horrowcr's covenants and agreements under this <br />Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described property located in the <br />County of Hall <br />ITym or Recordiag)erisdienunl [Name ul Re"o:dl"g lurMictionl <br />Lot Six (6), Block Threw (3), Colonial Estates Subdivision in the City of <br />Grand Island, Hall County, Nebraska. <br />['.ircel ID Naml:u: 400035928 which wnrn0y hag (he address et <br />2915 HANCOCK PLACE IS""1I <br />GRAND ISLAND ICfryl, Nebraska 68803 Ism Cody <br />( "Property Address "); <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fixtures now or hereafter a pan of t e property. All replacements and <br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this <br />Security Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has <br />the right to grant and convey the Property and that the Property, is unencumbered, except for encumbrances <br />of record. Borrower warrants and will defend generally the title to the Property against all claims and <br />demands, subject to any encumbrances of record. <br />®- 6(NEli�aa�.ot wpeamm Form 8tl3a "1)tlt <br />L^ <br />