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2414454'76 (O) "Periodic Payment" means the regularly scheduled amount due far (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 I3orrawer's obligations under the Nate and/or this Security Instrument. TRANSFER Oh RTGHTS IN THE PROPERTY This Security Instrument secures to Lender; (i) the repayment of the Loan, and all renewals, extensions and modifications of the Nate; and (ii) the performance of T3orrawcr's covenants and agreements under this Security Instrument and the Note. Por this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the Count:.y of HALL [Type of Recording 7urisdictinn] [Name of Recording ,Turiadiction] LOT SEVEN (7), BLOCK TWp (2), LE HEIGHTS SECOND SUBDIVISION, HALL COUNTY, NEBRASKA. Parcel ID Number: 4001574d6 which currently has the address of 2320 GATEWAY AVE [Street] GRAND ISLAND [Cary], Nebraska 68803-1437 [Gip C'odc] ("Property Address"): TOGETHER WITH all the improvements now or hereafter erected c>n 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." BURROWER 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 far 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. -6(N~) ~Uan7).oz C9 ~~ 0110303252 Initlu Is: P~{ye 3 nt t 5 Form 3028 1 /01