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201008467 (0) "Periodic Payment" means the regularly scheduled arnount due for (i) principal and interest under Che Note, plus (ii) any amounts under Section 3 of this Security Instrument. (� "RESPA" means the Real Estate Settlement Pror,edures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulatian X(24 C.F.R. Part 3S�(1), as they might be amended frorn time to time, ar 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 restrictions that are imposed in regard to a"federally related mortgage loan" even if the T.,oan does not qualify as a"federally related mortgage loan" under RESPA. (Q) "Saccessor in Interest of Borrowe�r" means any party that has taken title to the 1'roperty, whetlxer 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 Instrurnent secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modi�cations of the Nate; and (ii) the performance of Barrower's covenants and agreernents under this Security Instruruent and the Nate. 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 7urisdiction] [Name of Recording Jurisdiction] Lo� Twenty (20), in Block One (1), in Southern Acres Addition to the City of Grand Island, Hall Gounty, Nebraska. Parcel ID Number: 4 p 0 0 9 3 014 which currently has the address of 2412 COCh1 n St [Street] Grand I s1 and [ciry], Nebraslca 68801- 7632 �zip coae� ("Property Address"): TOGETHER WITH all the improvements now or hereafter erected on the property, and a11 easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrawer is lawfully seised of the estate hereby conveyed and has the right t� grant and convey the Property and that the Property is unencurnbered, except for encumbrances af record. Bonower warrants and will defend generally the title to the Property against all claims and demands, subject ta any encumbrances pf record. NESRASKA - Single Family - Fannie MaelFreddie Mec UNIFORM INSTRUMENT �� �-61NE) losi t1 Page 3 of 15 inisisis: � Form 3028 7/07 ��/ "1 �� ,�'� d� r �� S,