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~~11004~25 (P) "RESPA" means the Rea] 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 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. (~ "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 OP RIGHTS IN THE PROPERTY This Security Instrnment 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] [[dame of Recording Jurisdiction] Lot One (1), Block Three (3), in Westerhoffs Second Subdivision, in the City of Grand Island, Hall County, Nebraska Parcel ID Number: 400113414 3227 W 17th St which currently has the address of [Street] Grand Island [city] ,Nebraska 65803 [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 histnunetll as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby cvm~eyed 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. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-urriform covenants with limited variations by ,jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1, Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and arty prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3, Payments due under the Note and this Security Instrument shall be made in U.S, currency. However, if any check or other instrument received by Lender as payment under the Note or ibis Security lrrstrument is returned to Lender unpaid, Lender rttay require that ar-y or all subsequent payments due under the Note and this Security Instnunent be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrwnentaliry, or entity; or (d) Electronic Funds Transfer. NEBRASKA -Single Famlly -Fannie MaalFraddie Mac UNIFORM INSTRUMENT ~~ O(NE) (~~ ~~ Page 3 d 14 Initials: AIDS-NE9 I INUI I^II VIII III IIII~ ICI III III VIII VIII I~u VIII III /III ~I Op00N E9fi22316 Farm 3028 1101