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200702891 (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 V.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X (24 C.F.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" under RESP A. (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 Rccording Jurisdiction] [Name of Recording Jurisdiction] PIn ., ... Welt IWf (W1/3) of the North Wat QaaaUr {NWl/(J of SectlOIl .... (10), ~ ..... (11) North, BaDge NJne (9) Wed of tbo 6th PM., BID eo..." lDon partleaIarIJ Wa:thecl as foIlon; "~I at a :pohat OD the North IiDc of the Welt Ball (WJ.lJ) of the Nurthwat Quarter(NWJ./~ 01. Sedlon 10, wbiela pobIt 18 660.0 feet West of the Northeaat (NE) COl'Da.' of the West Half ~fJ.) of the North West Q.wo:ter (NWl/4) of 88id SedlOll 10; rmmIDa theDce Soutll peraI1d to the Kaat JIae of the West BaJt (WIn) of the NertIntest Quarter (NWJ./() of said. SecdOll 10.L..~!ft_fed; ~ tbace West paraIIe1 to the North Jbae of tbe Weat Half (WI"') of the North Welt ~ (NWl/(J of aald SecdOll 10, moO feet; rmmIDa tbace Nardt paraDeI to tile mut Un. of the Welt Ball ~/2) of the NOI.1h Wed Quarter (NW1/4) of II8Id Section 10, 33t.o filet, to . poIDt OIl the NOl'th JIbe of the West Half CWlfJ) of the Nerih West Quarter (NWl/4) of said. SedlOD 10; l'UJIIdDa theace Bast upoD ad aIoag the North ilia. of the West Half (WJ.fJ) of" Nadia West Quarter (NWl/4) of wa SectlOD 10, 1310 feet, to dae MtaaI pomt ofbfcJnning. Parcel ID Number: 400206013 727 E CAPITAL AVE GRAND ISLAND ("Property Address"): which currently has the address of [Street] [City], Nebraska 68801 (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) (0407),02 @ Initials: Q__S . ~ <:~ Page 3 of 1 5 Form 3028 1/01