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<br />2oioo24so <br />(O) "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 Instrument. <br />(~ "RESPA" means the Real Estate Settlement Procedures AM (12 U.S.C. Section 2b01 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 ail requirements and restrictions that are imposed in regard <br />to a "federally related mortgage loan" even if the Loan does rat qualify as a "federally related mortgage <br />loan" under RESPA. <br />(~ "Sutce~sor in lntexest 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 Instrtunent. <br />TRANSFER OF RIGHTS IN ?FIE PROPERTY <br />This Security Instturnent secures to Lender: (i) the repayment of the Loan, and ail tunewals, 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 greats and conveys to <br />Trustee, in trust, with power of sale, .the following described property located in the <br />Country of Hall <br />(TYl~ of Recording JurisQiedon] (Name of Recording 7urisdicafan) <br />Lot Three (3) Block Five (5) in Claussen Country View Addition to the <br />City of Grand Island, 11x11 County, Nebraska <br />Parcel ID Number: 400031 b55 which turreatly has the address of <br />910 S Vine St. (5trea) <br />Grand Island[~~'), Nebraska 6$$01 CZlaCodcl <br />{"Property Address"}: <br />TOGETHER WITH all the impmvements now or hereafter erected an the ,property, and all <br />easements, appurtenances; and fixttu~es xtow or hereafter a part of tlxe property: AI[ repiacetrients and <br />additions shall also be coveted by this Security Instrument. All of the foregoing is referred to in this <br />Security Instrument as the. "Property." <br />BORROW1aR COVENANTS that Barrorver is lawfully seised of tht ctstate hereby conveyed and has <br />the right to grant and convey toe Ply 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 encutnbrannes of record. <br />intnew: ~~ <br />-SOtN~I iooos~.o~ a,~. s or is <br />dorm 3028' 1/t]1 <br />