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2002063'x0 (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 of seq.) and its implementing regulation, Regulation X (24 C.F.R. Pan 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the sane, 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" cvcn 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 ,litigations under the Note and /or this Security Instrument, TRANSFER OF RIGHTS IN THE PROPERTY This Security Inshurncni 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 agrcernmts 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 JT,pe or Rew.dl"g ]uri¢Ilgioitl lName of Recordiq". Jun Winionl LOT TWO (2), BLOCK THREE (3), COLONIAL ESTATES SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. Parcel III Number: 400035863 which currently has the address of 2905 HANCOCK PLACE [Streetl GRAND ISLAND [ctyl, Nebraska 68803 [zip 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 pan of the property. All replacements and additions shall also be covered by this Security histrumcnt. All of the foregoing is referred to in this Security Instrument e, 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 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. `cote -61NE1 i000erot r,e,ia �,na - Form3028 1101 I