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2oioo��33 <br />(0) "Periodic Payment" means the regularly schedule� amount due for (i) principal and interest under the <br />Nate, plus (ii) any amounts under Section 3 of this Se�urity Instrument. <br />(� "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulatian X(2�4 C.F.R. Part 3500), as they might be amended frozn time ta <br />time, or any additional or successor legislation or regulation that governs the same subject rnatter. As used <br />in this Security Instrument, "RESPA" refers to all requirements aa�d restrictions that are imposed in regazd <br />to a"federally related martgage loan" even if the Loan does not qualify as a"federally related mortgage <br />lpan" under RESPA. <br />(Q) "Successor in �nterest of Borrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Barrower's obligations under the Note and/or this Security Instn�ment. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrunnent secures to Lender: (i) the repayment of the Loan, and all renewals, extensioz�,s and <br />modifications of the Note; and (ii) the perforniance of Barrower's covena�nts and agreements under this <br />Security Instnunent and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described property located in the <br />County af Hall . <br />[Type of Recording Jurisdicdon] [Name of Recording Jurisdicdon] <br />Lots Thirteen (13) and Fourteen (14), in Marylane Subdivision, in Hall <br />County. Nebraska. <br />Parc81 ID Number: 400158949 40015893D <br />3809 Mary Ln <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />[s�cec] <br />(Ciry�, Nebraska 68803 [z�p Cod�] <br />TOGETHER WITH all the improvements npw or hereafter erected on the property, and all <br />easements, appurtenances, and �xtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this Se�cu.rity Instnunent. All of the foregoing is referred ta in this <br />Security Instnunent as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of tbe estate hereby conveye� and has <br />the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances <br />of record. Borrower warrants and will defend generally the title to the Property against all claims and <br />demands, subject to any encumbrances o:f z�ecord. <br />NEBRA$KA - Single Family - Fannie Mae(Freddie Mac UNIFORM INS7RUMENT <br />�_g�N�) 108��� Page 3 of 15 Initials: �I,�,� 3028 7/07 <br />� <br />. � t � � � y 1 , { ' • 1 <br />3 <br />