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201008409 (0) "Periadic Payment" means the re�ularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of 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. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictipns that are imposed in regard to a"fedarally related mortgage loan" even if the Loan does not qualify as a"federally related mart�age loan" under RESPA. (Q) "Successor in Interest of Borrower" means any pariy that has taken title to the Properiy, 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 rnodifications of the Note; and (ii) the performance of Borrower' s covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, che following described praperty located in the County of HALL . [Type of Recording Jurisdaction] [Name of Recording Jurisdiction] LOT FQUR (4), IN BLDCK TWENTY ONE (21), OF "PALM�R Sl1BbIVISION", OF LOT NUMB�R SEVEN (7), OF COUNTY SUBDIVISION OF THE SOUTH�AST QUARTER OF THE SOUTHWEST QUARTER OF SECTIpN NUMBER SIXTEEN (16), IN TOWNSHIP Nl1MBER ELEVEN (11) NORTH OF RANGE NUMB�R NINE (9) WEST OF THE 6TH P.M., IN GRANd ISLAND, HALL COUNTY, NEBRASKA. Parcel �D Nurxaber: 40007268$ 1421 W 1ST ST Grand Island ("Property Address"): which currantly has the address of [strect] [city], Nebraska 68$01 [7,ip Code] TOGETHER WITH all the improvernents now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. A11 of the foregoing is referred to in this Security Instrument as the "Property." BORROWEK COVENANTS that Borrower is lawfully seis�d 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. 230960 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENt �-6�NE) (ost�) Page3 of 15 inicieis Form 30Z8 1/01 �