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200702602 (P) "RESP A" means the Real Estate Settlement Procedures Act (12 U .S.C. 9260 I et seq.) 1111<.1 its implementing regulation, Regulation X (24 c.r.R. Part 3500), as they might be amended ITom 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 relnted mortgage loan" even ifthe Loan does not qualify as a "federally related mortgage loan" under RESPA. (Q) "Successor in Intel'cst 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 or RIGHTS IN TIlE 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] Lot Eleven (11), Block C, Parl{-View Subdivision, city of Grand Island, Hall County, Nebraska which currently has the address 01'2503 Park Drive [City] , Nebraska 68801 [Zip Code] [Street] ("Property Address"): Grand Island 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 ofthe 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 jor encumbrances of record. Borrower warrants and will delend generally the title to the Property ngainst all claims and demunds, subject to any encumbrances of record. TillS 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: l. Paymcnt of Principal, Interest, Escl'Ow Items, "rcpayment Chnrges, and Lute Charges, Borrower shall pay when due the principal of, and interest on, the debt eVidenced by the Note and any prepaynient charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, ifany check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, LeOder may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more oHhe 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 tederal 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 IS. Lender may return any payment or partial payment if the payment or partial payments are insutftcient to bring the Loan current. Lender may accept an>, payment or partial payment insutftcient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the fhture, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due 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 IJorrower does not do so within a reasonable period oftime, Lender shall either apply such funds or return them to Uorrower. Ifnot applied em'lier, such funds will NJ<:ImASKA--Single Fal11i1y--Fnllllle Mae/Freddie Mae tlNlFOJ{M INSTIHJMENT 17213.CV (3106) 01.2112 1I0rm 3028 1/01 (paKe 2 r~f 8 pages) C1'clIlIve Thinking, Inc. ~ fVtJ GOTO(OOOba7f3)