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<br />200601775 <br /> <br />(0) "Perindic Payment" means tbe regularly scheduled amount due for (i) principal and inten:st under the <br />Note. plus Oi) any amounts under St:ction ::; of this St:curity Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.c. Section 260] et seq.) and its <br />implementing rt:gulation. Regulation X (24 C. F. R. Part 3S(0), as they Inight be amended from time to <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument, "RESP A" rcfers to all requircments and restrictions that arc imposed in regard <br />to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage <br />loan" under RESPA. <br />(Q) "SuccessOI' in Interest of Borrnwel'" means any party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br /> <br />TRANSFE R OF RIGHTS IN TH E PROPER TV <br /> <br />This Security Instrument secures to Lender: (i) tbe repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this <br />Security Instrument and the Note. f'or this purpose, Borrower irrevocably grants and conveys to <br />Trustee, III trust, with power of sale, the following described property located III the <br />Coun ty of HALL <br />[Type or Recording Jurisdidion] [Name of Recording Jurisdiction] <br />SEE ATTACHED EXHIBIT "A" <br /> <br />PareellD Number: 400205645 <br />540 E CAPITAL AVE <br />Grand Island <br />("Property Address"): <br /> <br />which currently has the address of <br />[Stredl <br />[City]. Nebraska 68801-2414 [Zip CodeJ <br /> <br />TOCiETHER WITH all the improvements now or hereafter erected on the property, and all <br />casements, appurtenanet:s. and fixtures now or hereaftt:r a part of the property. All replacements and <br />additions shall also be covered by this Security Instrument. A II of the foregoing is referred to in this <br />Security Instrumcnt as the "Property." <br />BORRO\VER COVENANTS that Borrower is lawfully scised of the estate hereby conveyed and bas <br />the right to grant and convey the Property and that the Property is unencumbered, except tlK encumbrances <br />of record. Borrower warrants and will defend generally thc title to tbe Property against all clainls and <br />demands, subject to any encumbrances of record. <br /> <br />P<(Je 3 of 1 5 <br /> <br />'"''''f:(kr? <br /> <br />0110247550 <br /> <br />e-6(NE) (0407).01 <br />@ <br /> <br />Fonn 3028 1/01 <br />