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2oloo�s�� <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amaunts under 5ection 3 of this Security Instrument. <br />(� "RESPA" rneans the Real Estate Settlement Pracedures Act (12 U.S.C. Section 26(11 et seq.) and its <br />implernenting regulativn, Regulation X(24 C.F.R. Part 3500), as they might be arnended from tnne to <br />time, or any additional ar successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument, "RESPA" refers to all requirements and rescrictions that are imposed in regard <br />ta a"federally related mortgage loan" even if the Loan daes not qualify as a"federally related m.ortgage <br />loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" rneans any party that has taken title to the Praperty, whether or <br />not that party has assumed Borrower's obligations under the Note and/or this S�urity Instrument. <br />TRANSFER OF RIGHTS IN THE PROFERTY <br />This Security InsCrument secures to Lender: (i) the repayrnent of the Loan, and all renewals, extensians and <br />modi�cations of the Note; and (ii) the perfarmance of Borrower's cavenants and agreements under this <br />Security Instniment 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 of Hall . <br />[Type of Recording lurisdiction] [Name of Recording Jurisdicdon] <br />Lot �ighteen (18), Block Eleven c11� in Ashton Place, an Addition to the <br />City of Grand Island, Hall Coun�y, Nebraska. <br />Farcel ID Number: 40 0 011735 <br />2504 W Koenig St <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />CStreet] <br />CCiry�, Nebraslca 68803 [Zip Code] <br />TOGETHER WITH al.l the improvements now or hereafter erected on the property, and all <br />easennents, appurtenances, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this Security Instrumen.t. All of the foregoing is referred to in this <br />Security Instrurnent as the "Property. " <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has <br />tt�e right to grant and convey tkxe Property and that the Property is unencumbere�l, 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 encunr�brances of record. <br />NEBRASKA - Single Family - Fannia Mae/Freddie Mac UNIFORM INS7RUMENT � <br />�-6(N6) 108111 Page 3 of 15 Initlals: � <br />� <br />Form 3Q28 1(01 <br />Y �� � ��,,� : � .' +' <br />