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201047571 (0) "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 Instrument. (P) "RESPA" means the Rea1 Estat� Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X(24 C.F.R. Part 3SOQ), as they rnight be amended frorn time to tirne, or any additional or successor legislation or regulation that gaverns the same subject matter. As used in this Security Instrument, "RESPA" refers to a11 requirements and restrictions that are imposed in rega�rd to a"federally related mortgage loan" even if the I.oan does not qualify as a"federally related rnortgage loan" under RESPA. (Q) "Successor in Interest of Borrower" rneans 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 all renewals, extensions and rnodifications of the Note; and (ii) the perfor.m.ance of Borrower's covenants and agreernents under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, che following described property located in the County [Type of Recording Jurisdiction] Lot 1"hree (3), Block Five (5), in to the City of Grand Island, Hall of Hall [Name of Recording JurisdicdonJ Replat of Riverside Acres, an Additian County, Nebraska. Parcel ID Number: �00093620 2710 Apache Rd Grand Island ("Property Address"): [sneec] (Ciry], Nebraska 68801 [zip Code] TOGETHER WITH all the improvements now or hereafter erectcd on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall a�so be covered by this Security Instrument, All of the faregoing is referred ta in this Security Instrument as the "Property. " BORROWER COVENANT5 that Barrower is lawfully seised of the estate hereby conveyed and has tk�e 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 clairns and demands, subject to any encumbrances of record. NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT /� �-6�NE) 1Da� �I Page 3 of 18 Initia �� Form 3Q2$ 9/01 v � � L� w� 1�-� which currently has the address of + �? � '� '? � �.� ; �