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2Q1008337 <br />(0) "Periodic Payment" rneans the regularly 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 Rea1 Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulatian, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instnunent, "RESPA" refers to a11 requirements and restrictions that are imposed in regard <br />to a"federally related mortgage loan" even if the I.oan does not qualify as a"fetlerally related mortgage <br />loan" under R�SPA. <br />(Q) "Successor in Interest of Borrower" 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 Instnunent. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment af the Loan, and all renewals, extensions and <br />modificatians af the Note; and (ii) the performance of Sorrower's covenants and agreements under this <br />Security lnstrument and the Note. Far this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described property lacated in the <br />County of Hall . <br />[Type of Recording Iurisdiction] [Name of Recording Jurisdiction] <br />All of Lot One (1) and the Easterly Eight and Two Tenths (8.2) Fe�t of <br />Lot Two (2). Block Twenty (20), Wallich's Addition to the City of Grand <br />Island, Hall County, Nebraska. <br />Parcel ID Number: 4 0 010 6 91 �F <br />524 N Adams St <br />G�rand Island <br />("Property Address"): <br />which currently has the address of <br />[Street] <br />(ciry] , Nebraska 6$$01 [Zip Code] <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and �xtures now or hereafter a part of the property. All replacernents and <br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this <br />Se�urity Instrurnent as the "PropeRy. " <br />BORROWER COVENANTS that Bor,rower is lawfully seised of the estate hereby conveyed 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 the title to the Prroperty against all claims and <br />demands, subject to any encumbrances of record. <br />�-6G�NE) l000al.oi <br />� <br />Page 3 of 15 <br />Initials: <br />Form 3028 1/01 <br />'r \ <br />♦ a*� �� F 1� �� r L�., <br />��v � , C.. �-. <br />