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200211248 <br />240809433 <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 of scgJ and its <br />implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, <br />or any additional or successor legislation or regulation that governs the same subject matter. As used in this <br />Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a <br />"federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan' <br />under RESPA. <br />(Q) "Successor in Interest of Borrower" means any parry that has taken title to the Property, whether or not <br />that party has assumed Borrower's obligation., under die Note and /or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender (t) the repayment of the loan, and all renewals, extensions and <br />modifications of die Note; said (ii) the performance of Borrower's covenants and agreements under this <br />Security I ern ment and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described property located in the <br />COUNTY of HALL <br />[Ty, of Recording koodictmn l [Name of Recording lun,diamr] <br />All that tract or parcel of land as shown on Schedule "A" attached hereto <br />which is incorporated herein and made a part hereof. <br />HOMESTEAD EXEMPT <br />Parcel ID Number: 400007495 <br />315 EAST 1ST STREET <br />GRAND ISLAND <br />( "Property Address "): <br />which currently has the address of <br />[Streetl <br />[city]. Nebraska 66801 tz, cwi ] <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and Estates now or hereafter a part of the property. All replacements and additions shall also <br />be covered by Otis Security Instrument. All of the foregoing is referred to in this Security Instrument as the <br />"Property." <br />BORROWER COVENANTS than Borrower is lawfully seised of the estate hereby conveyed and has <br />the right to grant and convey the Property and that One Property is unencumbered, except for encumbrances of <br />record. Borrower warrants and will defend generally the title to the Property against all claims and demands, <br />subject to any encumbrances of record. <br />�6lNR) tu�asn weeeons imnir,� Form 3 @8 1101 <br />