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2o��o�is� <br />(0) "Periodic Payment" means the regularly scheduled arnount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Tnstrument. <br />(P) "RESPA" means the Real Estate 5ettlement 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 frorn tirne to <br />time, ar any additional or successar legislation pr regulation that governs the same subject rnatter. As used <br />in this Security Tnstrument, "RESPA" refers to all requirernents and restrictions that are imposed in regard <br />to a"federally related mortgage laan" even if the I.oan daes not qualify as a"federally related mortgage <br />loan" under R�SPA. <br />(Q) "Successor in Interest af Borrawer" means 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 OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayrnent of the Loan, and all renewals, extensions and <br />mpdificatians of the Note; and (ii) the perfarmance of Borrower's cavenants and agreements under this <br />Securiry Instruxnent and the Npte. For this purpose, Borrower irrevocably grauts 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 Jurisdiction] <br />See Attached fxhibit "A" for <br />Parcel ID Number: 400408554 <br />3111 N North Rd <br />Grand Island <br />("Property Address"): <br />[Name of Recording Jurisdicdon] <br />which currently has the address of <br />[3treet] <br />[ciry], Nebraska 68803 [zip coae] <br />TOGETH�R WITH all the improvernents now or hereafter erected on the property, and all <br />easements, appuRenances, 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 foregaing is referred ta in this <br />Security Instrument as the "�'roperty. " <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby canveyed 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 tk�e title Co the Property against all claims and <br />demands, subject to any encumbrances of record. <br />Legal Descrip�ion <br />NEBRASKA - Single Family - Pannie Mae/�reddia Mac UNIFORM INS7RUMEN7 <br />�-6�NE) loet 11 Page 3 of 15 initiais: Form 3028 1/O1 <br />a (3 ♦1 / � ! ' V � <br />1 � � i� � � � <br />