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20�007950 <br />(0) "Pe� Payment" means the regulazly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time ta <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument, "RESPA" refers to all requirennents and restrictions that are impased in regard <br />to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage <br />loan" under RESPA. <br />(Q) "Successor in Interest of Borrrower" rneans any party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER O� RIGHTS IN THE PROPERTY <br />This Secnrity Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this <br />Security Instrument 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 <br />[Type of Recording 7urisdiction] <br />See Attached Exhibit "A" for <br />of <br />Hall <br />[Name of Recording 7urisdicrion] <br />Legdl Description <br />Parcel ID Nurnber: 400072777 / 400072858 <br />523 W Hwy 34 <br />Grand Island <br />("Froperty Address"): <br />which currently has the address of <br />[Street] <br />[Ciry], Nebraska 68801 [Zip Code] <br />TOGETHER WITH a11 the improvements now or hereafter erected on the property, az�d all <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this <br />Security Instrwraent as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estaCe hereby conveyed and has <br />the right to grant and convey the Froperty and that the Froperty 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 of record. <br />NEBRA5KA - 5ingle Family - Fannie MpelFreddie MeC UNI�ORM INS7RUMEN7 � � <br />�-6(�I�) (0811) Page 3 of 15 Initials: T � �/ `( <br />��� <br />Form 3028 7/07 <br />,'y t � � , � �J � � r r� � � <br />