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2oioos400 (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under 5ection 3 of this Security Instrument. (P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Sectian 2601 et seq.) and its irnplementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended fram time to time, or any additional or snccessor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictians that are impased in regard to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related rnortgage 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, extensians and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrurnent and the Note. For this purpose, Borrower 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 Jurisdicdon] [Name of Recording Jurisdiction] Lot Tw�nty Four (24), Block Two (2), Southern Acres, an Addition to the City of Grand Island. Mall County, Nebraska Parcel TD Nunnber: 400093294 2406 Brahma St Grand Island ("Property Address"): which currently has the address of [3treet] [City], Nebraska 68801 (Zip Code] TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacernents and additions shall also be covered by this Security Instnunent. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby 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 demands, subject to any encumbrances of record. N�BRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �,[�,� �-B(NE) loai �1 Pege 3 of 16 inieiais:U'�� Form 3028 1/01 ' '. iM f � �