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2010��709 (0) "Periodic Payment" means the regularly scheduled amount due fpr (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Inatrument. (F) "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 rnight 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 I,oan does nat qualify as a"federally related mortgage loan" under RESPA. (Q) "Successor in lnterest af Borrower" nneans any party that has taken title to the Property, whether or not that pazty has assumed Sorrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE FROPERTY This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensians and modifications pf the Nate; and (ii) the performance of Borrower's covenants and agreements under this Security Tnstrument and the Note. For this purp�se, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the of HALL : [T'ype of Recording Jurisdiction] [Name of' Recording JurisdictionJ LOT THREE (3), BLQCK TWO (2), G�LpNIAL ESTATES SEVENTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL CQUNTY, NEBRASKA Parcel iD Nu�nber: 1112 KENNEDY DR Grand Island ("Property Address"): which currently has the address of ($treet] �c��y�, N�braska 68803 �Zip Code� TOG�THER WITH all the improvements now or hereaftear erected an the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. A11 replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Froperty." BORROWER 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 for encumbrances of record. Borrower warrants and will defend generally the title to the Property against a11 claims and demands, subject to any encumbrances of record. NEBRASKA - 5ingle Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT � �-6(N�) (oe11) Page3 of 15 Initial � 230925 Form 3028 1/01