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20104846� (0) "Periodic Payment" means the regularly 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.) az�d its implementing regulation, Regulatian X(24 C.F.R. Part 3500), as they rnight be amended frozzi time to time, or any additianal or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are impased in regard ta a"federally related rnortgage loan" even if the Loan does not gualify as a"federally related mortgage loan" under RESPA. (Q) "Succ�ssor in Interest af Borrawer" means any party that has taken title to the Property, whether or not that party has assunned Bonrower's obligations under the Note and/ar this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this S�curity Tnstrument and the Nate. Por this purpose, Borrower irrevacably grants and conveys to Trustea, in tzust, with pawer of sale, ihe follawing described property located in the County of Hall . [Type of Recording Jurisdicrion] [Name of Recording 7urisdicdon] Lot Eight (8), Grand West Third 5ubdivision in the City of Grand Island, Hall County, Nebraska. Parcel ID Number: 400405075 4146 Allen Ave 6rand Island ("Prpperty Address"): which currently has the address of [Street] �ciry�, Nebraska 68803 [Zip Code] TOGETHER WITH all the improvernents now or hereafter erected on the property, and all easements, appurtenances, and �xtures now or hereafter a part of the property. All replacements and additions shall alsa be cavered by this Security Instrurnent. All of the foregoing is referred to in this Security Instrument as the "1'roperty. " BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right tp grant and convey the Praperty and that the Property is unencurnbered, except for encuxnbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. NEBRASKA - Singla Family - Fennie Mae/Freddie Mac UNIFORM INSTRUMENT �-B1NE) 1o8t t 1 Pege 3 of 16 INtlals: ( `,V � �� Fvrm 3028 1 /01 , B�, 4 , i: /' p a Y.