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zoiooz7ss <br />(P) "ItESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 26D1 et seq.) and its implementing <br />regulation, Regulation X (24 C.F.R Aart 3500), as they might be amended from time to time, or any additional or successor <br />legislation yr regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all <br />requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not <br />qualify as a "federally related mortgage loan" under RESFA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title W the Property, whether or not that party has <br />assumed Borrower's obligations under the Note and/or this Security Instrument, <br />TRANSFER OF RIGHT5IN THE PROPERTY <br />This Security Instrument secures [o Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications Of <br />the Nate; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For <br />this purpose, Borrower irrevocably grants and conveys. to Trustee, in trust, with power of sale, the following described <br />property located in the County of Hall <br />[Type of Recording Jluisdiction] [Name of Recording 7urisdicaon] <br />Lot Two (2), Springdale Second Subdivision, in the City of Grand Island, Hall County, Nebrassa <br />Parcel t17Number: 400494837 <br />1004 Centre St <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />[Street' <br />IGitY) ,Nebraska 688D3 I2ip CodFl <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and <br />fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security <br />Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." <br />BORROWER COVENANT'S that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and <br />convoy the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will <br />defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. <br />THIS SECURITY 1NSTRUMETVT combines uniform covenants for national use and non-uniform covenants with limited <br />variations by jurisdiction to constitute a uniform security instrument covering. real property. <br />UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: <br />1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due <br />the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the <br />Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security <br />Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender as payment under <br />the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments <br />due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) <br />cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn <br />upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds <br />Transfer. <br />NlcBRASKA -Single Family -Fannie MaelFraddfe Mac l1NIFpRM INSTRI~IIENT ~~ ,~- <br />~[NE) (0811) P4ga 3 of 14 Ingialt: / !` <br />DAS-NE9 <br />Forlm 328 1I1-'I <br />~191~OIII~IIBII <br />