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200511127 (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 D.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X (24 C.P.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, "RESP A" 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" underRESPA. (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 obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument 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] PARCEL 1: A TRACT OF LAND BEtNG A PART OF BLOCK 3, PLEASANT HOME sUBDNISmN, AN ADDmON TO THE em OF GRAND ISUN'D, HALL COUNTY, NEBllASlCA DESCRllIED AS BEGINNING AT TIt! NORTHEASt CORNER OF .s.uD BLOCK 3,THENCE WESTERLY ALONG THE NOltnJ LINE OF SAID B~ 3. A DISTANCE OF 102.0. J.lEET; THENCE SOUTHERLY I'A.RA.LLEL TO 'l'Hi. EAST LINE OF SAID BLOCK 3, A DISTANCE OJ!' %5.0 FEET; THENCE WESTERLY PARALLEL TO THE NORm LINE OF SAID BLOCK 3, A DISTANCE OF 30 FEET; THENCE SOurHERLY PARAU.EL 10 THE E..4St' LINX OF SAID BLOCK 3 A'DlSTANCE OF 1!l.o FEn: 'I1IENCE ):ASTERLY t'AIlAU.EL TO 'l1IE NOR:m LJNlt OF SAID BLOCK 3, A nlS'J'~CE O'13%.D FEET TO mE Ji'AST LINE OF SAIIJ BlOCK 3111lENCE NORnmRLY ALOl'tG Tfn; EA..~"T Ll)IIE OF SAID BLOCK 3, A nlS1'ANCX OF 100.0 nEI 'It) TIm !'lACE OF BEGINNING. PARCEL :1 PART OF BLOCK 3, OF f'lEASANT HOME liUBDIVISlON OF PART OF THE i.AST l/l or THE SOt.rnfEAS1 QUAJU'ER or SE.,."'TJONZl, IN TOWNSHIP 11 NORIH, RANGE !1 WEST OF THE /i'l'H P.M., MORE PARTlctJL.UU.Y DESCJWlltD AS FOllOWS,TO-WIT: COMMENCll'/G AT A POINT ON 'IBE N"OR'I1lI LINE OF S4J1D BLOCr;: 3. WHICH FOINT IS 102. FE:ET WEST OF TIlE NORTHEAST CORNER OF SAID BLOCIt, R.UNNING THENCE SOtml, PARALLEL WITH THE EAST UNE OF SAID BUX:~ FOR A DISTANCE OF ::6 FEET, THENCE WEST. I:'A.RALLEL WITtl THE NORTH .LINE or SAID BLOCK, FOR. A. DISTANCE OF 30 FEET. RJINNlNG THENCI: NORTH, PARAU,EL WITH THE EAST LlNEOF SAID BLOCK FOR. A DISTANCE OF %$ FEEt, RUNNING THENCE EAST, UPON AND ALONCTHE NORTJl SIDE OF SAID BLOCK. FOR A mSfANCE Of' 30 FEET TO THE PLACE OF BEGINNING, HALL eoUNn, NEBItASIU.. Parcel ID Number: 4.00078155 1204 S LINCOLN AVE GRAND ISLAND ("Property Address"): which currently has the address of [Srreet] [City], Nebraska 68801-7136 [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 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. .. -6INE) 10005) @ ,n't,a,s:k 229996 Page 3 of 15 1<rL- Form 3028 1/01