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200205743 (0) "Periodic Payment" means the regularly scheduled amount due for in principal and interest under We 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 260t et seq.) and its implementing regulation, Regulation X (24 C.P.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 Ivan" 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 d) 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 Nile. For this purpose, Borrower irrevocably grants and conveys to Trustee, in must, with power of sale, the following described property located in the COUNTY of HALL ffype of Recording Jurisdiction] [Name of Recording Jurisdiction] Part of the Southeast Quarter of the Southeast Quarter (SET /4SE1 /4) of Section 20, Township 11 North, Range 9 West of the 6th P.M., Hall County, Nebraska, more particularly described as folows: Beginning at the Southeast corner of Bel -Air Addition to the City of Grand Island, Nebraska; thence in a Southerly direction along and upon the East line of the SEl /4SE1 /d of said Section '0, for a distance of 225 feet to the actual point of beginning; thence continuing on said line in a southerly di rction for a distance of 85 feet; thence turning and running Westerly parallel to the South line of said ;'section 20, a distnuce of 115 feet; thence turning and running Northerly on a line parallel with the Fast line of the SEI /44EI /4 of said Section 20, a distance of 85 feet; thence turning and running Easterly parallel to the South I itoe of said Section 20, a distance of 115 feet to the point of beginning Parcel ID Number: 400146797 which currently has the address of 1823 S Arthur Istreeq Grand Island [City], Nebraska 68803 [Zip Conic] ( "Property Address "): 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 Burrower 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. 1583556823 4 -601E1 i000si vaya s of is Form 3028 1/01 a