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200205776 (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (a) 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 amendul from time No 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 in 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 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 TI4E PROPERTY This Security Instrument secures to Lender: (i) the repayment of We 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 I'fy c of Recording Iu,isdicrionl [Nome of Recording lurledkion] LOT ONE (1) IN BLOCK TWO (2) IN WIESER SUBDIVISION OF THE WEST HALF OF THE SOUTHWEST QUARTER (W 1/2 SW 1/4) OF SECTION TWO (2), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA. Parcel lE Number 400169786 which currently has the address of 4315 BLAINELT ROAD 69rmorl Grand Island Coyl, Nebraska 68803 IZip Cc&] ( "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 die property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is rr:ferred to in this Security Instrument as the "Property." BORROWER COVENANT'S 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 unenomnhcnal, except for encumbrances of record. Borrower warrants and will defend generally the tide to the Property against all claims and demands, subject to any encumbrances of record. ooC k.d15133 nvBL tl. ao r616s3s5 �N n: oulti lr5355 (M- 6G(NE)tn111i vaeoaons "�n,i Form3028 1/01