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<br />200710340 <br /> <br />(0) "Periodic Payment" means the regularly scheduled amount dUt: for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 D.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X (24 C.F. R. Part 3500), as they might 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, "RESPA" reft:rs to all requirements and restrictions that are 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 RESP A. <br />(Q) "Successor in Interest of Borrower" 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 />TRANSFER OF RIGHTS IN THE PROPERTY <br /> <br />This Security Instrument secures to Lender: (i) the 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. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described property located in the <br />Coun ty of HALL <br />[Type of Recording Juri~diclion] [Name of Recording Jurisdiction] <br />LOT NINETEEN (19), WESTWOOD PARK SIXTH SUBDIVISION, IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br /> <br />Parcel ID Number: 400406098 <br />4150 FAIDLEY AVE <br />Grand Island <br />("Property Address"): <br /> <br />which currently has the address of <br />[Street] <br />[City], Nebraska 68803-3327 [Zip Code] <br /> <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this <br />Security Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has <br />the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances <br />of record. Borrower warrants and will defend generally the title to the Property against all claims and <br />demands, subject to any encumbrances of record. <br /> <br />P~e3 of 15 <br /> <br />,.......' <br /> <br />(, -'nilials: 8 0 . R) <br />, 'e.'H.f2P <br /> <br />0110273783 <br /> <br />.-6(NE) (0407),02 <br />@ <br /> <br />Fonn 3028 1/01 <br />