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�01007877 (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Npte, plus (ii) any amounts under Section 3 of this Security lnstrument. (P) 'RESPA" means the Real Estate Settlement Procedures Act (12 U. S. C. Section 2601 et seq. ) and its implernenting 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 nnatter. As used in this 5ecurity Instrument, "RESPA" refers to all requirements an.d restrictions that are izzxposed in regard to a"fedcrally 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 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 modifications of the Note; and (ii) the performance of Borrower' s covenants and agreements under this 5ecurity Instrument and the Note. For this purpose, Barrpwer irrevocably 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 Jurisdiction] LOT ONE (1), BAXTER FIRST SUBDIVISIDN, IN HALL COl1NTY, N�BRASKA Parcel ID Number: 400424185 2121 N Monitor Rd Grand Island ("Property Address"): which currently has the address of [Street] [c�ry1, Nebraska 68803 [zip cocle� TOGETHER WTTH all the improvem�nts now or hereafter erected on the property, and all easernents, appurtenances, and fixtures zaow or hereafter a part of the property. All replacements axad additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Secuxity Instrument as the "Property. " BORROWER COVENANTS that Borrower is lawfully seised of the estate her�by 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 all claims and dexnands, subject to any encumbrances of record. 230935 NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �-B�NE) (0811) Page3 of 15 Initials: FOrtll 3028 1101 �