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200207538 (0) "Periodic Payment' means the regularly scheduled amount due for fit principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (P) "RESPA" morns the Real Estate Settlement Pruculurea Act (1'2 U.S.C- Section 2601 et scl -) and its implementing regulation, Regulation X (24 C.F.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 requiremenls and n;striclions that are imposed in regard to 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 title to the Property, whether or not that party has assume(] Borrower's obligations under the Note and /or this .Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY 'Phis Security lnstmment 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 agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grams and conveys to Trustee, in truss, with power of sale, the following described property located in the County of Ha11 I'fypc or Recording Jurisdiction] ]Name of Recording Jurisdiction] LAND SITUATED IN THE CITY OF HALL, HALL COUNTY, NEBRASKA DESCRIBFD AS: PART OF LOTS 12 AND 13, OF SEER SUBDIVISION OF LOTS 6,7,8 OF GARRETT'S SUBDIVISION OF PART OF THE E 1/2 OF SECTION 9, TOWNSHIP 11 NORTH, RANGE 9 WEST Oh "1'HE 6TH P.M., HALL COUN'T'Y, NEBRASKA, MORE PARTICULARLY DESCRIBED AS FCTTLCWS: FTRST TO ASCFRTATN TIIE. ACTUAL POTNT OF BEGINNING AT THE INTERSECTION OF THE SOUTHERLY LINE OF 20TH STREET AND THE WESTERLY LINE OF' LOT 13 EX'T'ENDED; THENCE IN A SOUTHERLY DIRECTION ALONG AND UPON THE WF.STRRLY T,TNE OF LOT 13 A DISTANCE. OF 115.' /0 FEET; THENCE RUNNING EASTERLY A DISTANCE OF 132 FEET TO THE EASTERLY LINE OF LOT 12; THENCE RUNNING NORTHERLY ALONG AND UPON THE EAS'T'ERLY LINE OF LOT 12 A DISTANCE OF 115.60 FEET TO THE SOUTHERLY LTNE OF 20TH STRRFT; THFNCE IN A WESTERLY DIRECTION ALONG AND UPON THE SOUTHERLY LINE OF 20TH STREET A DISTANCE OF 132 FEET ID THE POINT OF BEGINNING. Parcel ID Number: 4 a n 31 S 54 8 which currently has the address of 581 E 20TH IStreeN GRAND ISLAND [Cava, Nebraska 68851 7i,Cedcl ( "Property Address' TOGETHER WITH all the improvements now or hereafter eructed on the property, and all easmn ous, appuurmmucs, and Osnues now or hereafter a part of the properly. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is mfcrrcd to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is [awfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is mtencurnbered, 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. -6(NE) ioa05) Pau" 0 m 15 Form 3028 1/01