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2oioos4o� (0) 'Periodic Pa,yme�nt" zneans the regularly sch�duled amount due for (i) principal and interest under the Note, plus (ii) any aznounts under Section 3 af this Security Instrument. (P) "RESPA" means the Real Estate Settlement Procedures Act (12 U. S. C. Section 2601 et seq, ) and its implementing regulation, Regulatian X(24 C.F.R. Fart 3500), as they might be amended from time to time, tir any additional or successor legislatian or regulation that govarns the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a"federally related mortga�e loan" even if the Loan does not qualify as a"federally related mort�age loan" under RESPA. (Q) "Successor in Interest of Barrower" means any party that has taken title to the Praperty, whether ar not that party has assumed Borrower' s obligatipns under the Note and/or this 5ecurity Instruzz�ent. TRANSFER OF RIGHTS 1N THE PROPERTY This Security Instrument s�cures to Lender: (i) the repayment of the Lnan, and a11 renewals, extensions and madi�cations of the Note; and (ii) the performance of Borrawer's cove�iants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys ta Trustee, in trust, with pnwer of sale, the following described property located in the County af HALL . �Type of Recording )urisdiction'] �Name of Rccording Jurisdiction] A tract of land comprising a part of the Sautheast Quarter of the Sputhwest Quarter (SEl/45W1/4) of Section 7'hree (3), Township Elevcn (11) North, Range Nine (9) West of the 6th P.M., in Hall County, , Nebz'aska, more particularl}� described as fpllows: Seginning at fl ppint pn the Sputh line af said 5ection Three (3), said ppint being 1$Z3.33' east of the Southwest corner of said Sactipn Three (3r; thence Northerly parallel to the West line of said Section Three (3), a distance of 5l6'; thence dellectine right 90° 40' 3A" and running easterl}� a distance of 156.12' to the Westerly right-pf-way line pf Ord Branch of the Union Paci�c Railroad; thence Southeasterly along said railrvad right-ot=way line a distance of 515.61' to the South line of said Section Three (3); thence Westeri,y along the South line of said Section Three (3), a distance af 172.3' to the place of' Ibe�inning Parcel ID Number: 400205327 1025 E CAPITAL AVE Grand Island ("Property Address"): which cuzxently has the address of [Street] (ciry�, Nebraska 6$8D1 [Zip Code] TOGB'I'HER WITH all the improvet�aents now or herea�ter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall alsa be covered by this 5ecurity Instrument. All of the foregoing is referred tn 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 ar�d that the Property is unencumbared, except for encumbrancEs af record. Borrower warrants and will defend generally the title to the Properiy against all claims and demands, subject to any encumbrances of record. NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUM�NT ��j7(,[J v - �-B(NE) (0811� Page 3 0( 15 Initials: � �3Q961 Form 3028 1/01