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<br />200804681 <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 of this Security InstnJment. <br />(P) "RESPA" means~heaeal Estate Settlement ProcedUres Act (12 U:S.C. Section 2601 etseq.),and its <br />irnplementingtegulation, 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 thatgovems the same subject matter~ As used <br />in this,Security Inslrument, "RESPA" refers tOllllrequiremetits and restrictions that are imposed in regard <br />to a "federaIly ',related mortgage ,loan" even if the LOan does nOt qualify as' a "federally related mortgage <br />loan" ,tinder RESP A. <br />(Q) "Su(.'cessor ,in Interest of Borroweri' means ariypartYlhat has taken title to the Property , whether or <br />notthat partyhas assumed Borrower's obligations under the Note and/or this Security lnstrumeilt, <br /> <br />TRANSFER OF RIGHTS.IN THE PROPERTY <br /> <br />. " . . <br />.. , <br />, . .. ',', '." . ". .,;' ''''.' ". ,'" .' .' '.' . <br /> <br />, ThisS,eci.1rityI(lStrumentsecur~stpLell;der:(i) the repaymtmtof Ute Loan, J\11d~Ur(mewl,ll.s"extensiot1sand , .' <br />tnodificati6nsofthe Note; : and (ii) tbeperformanceOf)3orrower' scoVenahts andagreementsuMer this, . ' . <br />Security Instrument and ,the NOte. For tbispurpose, Borrower irrevocably grants and conveys .to ' <br />Trustee, in trust, with power of sale, 'the followirig describedpropcJtYlocatedjij the <br />. Countt of H~L .', ' <br />[type of RecoriHngJl,lriSdicQOii.) [Nanie of Recording Juris dictl 011] <br />LOT SI~(6);' BLOCKlr()UR (4), WOOP~PARKlrOUR1'ij SusPIVISION, 'IN THl!: <br />CITY OF GRANOISLAND,H~LCOUNTY/NEaRA;;KA <br /> <br />Parcel ID Number: 400429292 <br />2743 IoAfiO AVE <br />GRAND ISLAND <br />("Property Address "): <br /> <br />which currently has the address of <br />[Street I <br />[City], Nebraska 68803 [Zip Code] <br /> <br />TOGEtHER WlTH all the improvements now or hereafter erected on, the property,. and 'all <br />easemerits, appurtenances, and fixtures nowor hereafter a part of the property. All replacements and <br />additions shall' also be covered by this Security Instrunient. All of the foregoing is referred to in this <br />Security InstrUlilent as the" Property. " <br />BORROWER COVENANTS that Borrower is lawfully seised Qf the estate hereby conveyed and has <br />the right to grant and convey the Property aM that the Property is unencumbered, except for encumbrances <br />of record. Borrower, warrants alidwill defend generally the title to the Property against allc1aims and <br />demands; subject to any encumbrant~s of record._ <br /> <br />aa.SINEII04071.02 <br /> <br />Pag.3 ot 16 <br /> <br />,._,.~ <br /> <br />0110280606 <br /> <br />Form 3028 1/01 <br />