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200708697 (0) "Periodic Payment" meaDS the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any IUl10UIlts under Section 3 of this Security Instrument. (p) "RESPA" means the Real Bstate Settlement Procedures Act (12 U.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 chat governs the same subject matter. As used in this Secnri1y Instrument, "RESPA. refers to all requirements and restrictions that arc imposed in regard to a "fedbraUy 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" meanIl any party that has taken title to the Property, whether or not that party bas asSUDled Bonower's obligatiot.ls 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 renflwals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrumont and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust. with power of sale, tho following described property located in the COUNTY of BALL [Type of :&ttoll1inJ Jurisdictioo] {Name ofltl:eorclma Jurlsdietion] LOT E'IGBTY-SBVEN (81), 'IN COPPBR CREEK BSTATES SUBD'IVISION IN T.BB CITY OP GRAND ISLAND, BALL COUNTY, NEBRASKA, ACCORDXNC TO THE PLAT In:LBD JULY 31, 2006 AS IXSTROMBNT #200606776 THZS IS A PURCHASE MONBY SBCtJRJ:TY J:NSTRUMlIrr. Pucel 10 Number: 400431279 4309 ASTER DRIVE GRAND ISLAND ("Property Address"): 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 encumbram:es of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. . , ( ~~~ _-eCNE) (00061 ......3'" 16 FOfm 3028 1/01 which currently bas the address of [Street) (City), Nebraska 68803 . [Zip Codo)