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200211214 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 qualify as a "federally related mortgage loan" under RESPA. (Q) `Successor in Interest of Borrower" means any party that has taken fide to the Property, whether or not thatpanyhas assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This Security Inswment 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 grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of Hall [Type of Recording Jurisdiction] [Name of Recording Jurisdiction] The Westerly Sixty (60) Feet of Lot Four (4), in Block One (1), Stewart Place Subdivision, in the City of Grand Island, Hall County, Nebraska. which currently has the address of 2903 W Stoney Park Rd [Street] Grand Island , Nebraska 68801 ( "Property Address "): [City] [Zip Code] 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 seized of the estate hereby conveyed and has the right to grant and coney the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the ti de to the Property against all claims and demands, subject to any encumbrances of record. TFBS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: as payment under the Now or this Security Instrument is returned to Lender unpaid, Lender may, reVire that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lendermayaccept any Payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice w its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. Ifeach Periodic Payment is applied as of its schedule date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payment to bring the Loan current If Borrower ddoes not do so within a reasonable periods of time, Lender shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Now immediately prior in foreclosure. No offset or claim which Borrower an t have now or in the future a ainst Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or performing the covenants and or Proceeds. Except as otherwise described in this in the order in which it became due. Any remaining amounts shall be applied first to late charges, second to amounts due under this Security Instrument, and then to reduce the principal balance of the Note. NEBRASKA-- Siagle Family -- Fannie Mae/Freddie Mac UNIFORM INSFRUMENT F.. 3028 1 /01 (page 2 oj8 pager) 9754.CV (M) G11916