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<br />200803900 <br /> <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 ofthis Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.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" refers 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 RESPA. <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 Borrowcr'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 />County of HALL <br />[Type of Recording JurismctionI [Name of Recording Jurisdiction] <br />REAL PROPERTY IN THE CITY OF GRAND ISLAND, COUNTY OF HALL, STATE OF <br />NEBRASKA, DESCRIBED AS FOLLOWS: <br /> <br />FRACTIONAL LOT 6, IN FRACTIONAL BLOCK 20, IN WALLICH'S ADDITION AND ITS <br />COMPLEMENT, FRACTIONAL LOT 6, IN FRACTIONAL BLOCK 4, IN THE BONNIE BRAE <br />ADDITION, BOTH ADDITIONS TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA <br /> <br />Parcel ID Number: 400022079 <br />1322 w 5TH ST <br />GRAND ISLAND <br />("Property Address"): <br /> <br />which currently has the address of <br />[Street] <br />[City], Nebraska 68801-4420 [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, subj ect to any encumbrances of record. <br /> <br />.-6(NE) (0407).02 <br />@ <br /> <br />P~e 3 of 1 5 <br /> <br />Initials: P, ""'J1t. <br />, <br /> <br />0110280350 <br /> <br />1f~ <br /> <br />Fonn 3028 1/01 <br />