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200205853 (0) "Periodic Payment' means the regularly scheduled anount due for (i) principal and interest under the Note, plus (ii) any mnounts 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.D.R. Part 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 if the Loan does not quality as a "federally related mortgage loan" under RF.SPA. (0) "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 Insnumem secures to Lender: Q) 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 properly located in the County of Hall [Type of Rewrding RnisUlcnmp Name of Recordag lunevlldionl Lot Two (2), Block Two (2), Southern Acres Addition to the City Of Grand Island, Hall County, Nebraska. Parcel ID Number 2411 COCHIN STREET GRAN➢ ISLAND ( "Property Address "): which currently has the address of Istmetl ICtryL Nebraska 68801 Izip Cmel 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 wnvey the Property and that tire 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. m,„a -mNE) [000t.o1 Form 3028 1101 b