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200904630 (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 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 that governs the same subject matter. As used in this Security Instrument, "RESPA" 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 RESPA. (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 Recording Jurisdiction] [Name of Recording .lurisdiction] Part of Lot Ten (10) of Home Subdivision of that part of the Northwest Quarter NW(1 /4) of Section Nine (9), Township Eleven (11) North, Range Nine (9) West of the 6'h P.M., Hall County, Nebraska which lies West of Wheeler Avenue (as now located) and North of Seventeenth Street (as now located) and Westerly from a tract of land deeded to Ernest M. Ruff and Viola Ruff as recorded in Book 706, Page 362 of the Deed records of Hall county, Nebraska and more particularly described as follows; Beginning at a point on the Easterly boundary line of said Lot 10 which point is 391.2 feet southerly and 179.86 feet westerly from the Northeast corner of said Lot 10 and which point is the actual point of beginning; running thence Westerly along and upon the Northerly boundary line of 17'h Street (as now located) for a distance of 84.2 feet to a point which is 16.3 feet Easterly from the Westerly boundary line of said Lot 10; running thence Northerly, at right angles, for a distance of 29.7 feet to a point on the Westerly boundary line of said Lot 10; running thence North along and upon the West boundary line of said Lot 10 for a distance of 116.4 feet; running thence Easterly 27.95 feet at an angel of 118'44' to a point which is 180.65 feet westerly from Wheeler Avenue (as now located); running thence Southerly at an angle of 90 °00' for a distance of 132 feet to the Northerly boundary line of 17`h Street (as now located) and to the point of beginning, and being the same premises conveyed by deed recorded in Book 1 16, Page 459 of the Deed records of Hall County, Nebraska. Parcel ID Number: 400046563 320 W 17TH 5T which currently has the address of [Street] GRAND ISLAND [City], Nebraska 68801 -3522 [Zip Code] ( "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 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. 230545 NEBRASKA - Single Family - Fannie Mae /Freddie Mac UNIFORM INSTRUMENT f -6(NE) (0811) Page of 15 1mfiais: Form 3028 1101 0