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2oa9os7i~ (U) "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 lnstrument. (P) 'RESPA" means the Real Estate Settlement Procedures Act (] 2 ll. S. C. Section ?60 I 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 lnstrument, "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 al] renewals, extensions and modifications of the Note; and (ii) the performance of Harrower' s covenants and agreements under this Security lnstrument 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 Jurisdiction] Part of the East One Half of the Southeast Quarter (E112SE1/4) of Section Twenty (20), in Township Eleven (11) Nortlx, l~tange Nine (9} West of the 6th P.M., Hall County, Nebraska, mere particularly described as follows: Commencing at a point an the Southerly Line of llel Monte Avenue, which point is One Hundred Seventy-Sig (176) Feet southwesterly from Lot One (1), Block Five (5), Bel Air Addition to the City of Grand Island, Nebraska, runnlug Southeasterly parallel with the Southwesterly Lot Line of said Lot one (1) and One Hundred Seventy-Sig (17.6) feet distance therefracn far a distance a one Hundred Twenty-Sits (X26) feet; thence running Southwesterly an a line parallel with the Southerly Line of Del Monte Avenue for a distance of Eighty-Efght ($8) feet; thence running Northwesterly on a line parallel with. a Southwesterly Lot Line of said Lot Ono (1}, Block Five (5), Bel Air Addition and Two $undred Sixty-Four (264) feet distance therefrom, far a distance of One Hundred Twenty-Sig (126) Beet to the Southerly line of Del Monte Avenue; thence. running Northeasterly on and upon the Southerly Iine of Del Monte Avenue far a distance of Eighty-Eight (88) Feet to the paint of beginning. Parcel ID Number: 4001.46711 which currently has the address of 2515 DEL MONTE AVE [Street) GRAND ISLAND [city], Nebraska 68803-6329 [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. A11 replacements and additions shall also be covered by this Security Instrument. Al] of the foregoing is referred to in this Security lnstrument 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. 230632 NEBRASKA -Single Family -Fannie MaelFreddie Mac UNIFpRM INSTRUMENT •~-6(NE) ~oe11~ Page 3 of 15 Initials: ~ Form 328 1101