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20100�525 (0) "Periodic Payment" means the regularly scheduled amownt due for (i) principal and interest under the Note, plus (ii) an:y amaunts under Section 3 of this Security Instrument. (� "RESPA" means the Real Estate Settlernent 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 frorn tirne to ti�ne, or any additional ar successor legislation or regulation that governs the same subject matter. As used in this Security Instnumen�t, "RBSPA" refers to all requirernents and restrictions th�at are imposed in regazd to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (Q) "Successar in Interest of Borrower" means any party t.�at has taken title to the Property, whether or nat that party has assurned 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 Laan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Se�urity Instrument and the Note. For this purpose, Borcower irrevacably 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] [Name of Recording lurisdicdan] Lot Five (5), in Block Two (2), in Southern Acres Addition to the City of Grand Island, Hall County, Nebraska Parcel ID Numb�r: 400093073 2507 Cochin St Grand Island ("Property Address"): which currently has the address of [Street] [Ciry], Nebraska 68801 [Zip Code] 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 Se�urity Instrurnent. All of the foregoing is referrexl ta in this Security Instrurnent as the "Property." BORROWER COVENANTS that Barrower 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 recard. Borrower warrants and will defend g�n�rally the title to the Froperty against all claims and demands, subject to any encunnbrances of record. NEBRASKA - Single Family - Fannie Mpe/Freddie Mac UNIFORM INSTRUMENT �-61NE) 1oa� � 1 Page 3 of 15 i�rc�ais:�� Form 3028 7/07 � .. ;! i .i!! , , , ,