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201008851 <br />(0) "Periodic Payment" means the regularly scheduled aznount due for (i) principal and interest under the <br />Note, plus (ii) any amou�xts under Section 3 of this Security Tnstnunent. <br />(P) "RESPA" means the Reai Estate Settlentent Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X(24 C.�.R. Part 3500), as they might be amended from tune to <br />tim�, ar any additionai or successor legislat�on or regulation that governs the same subject matter. As used <br />in this Security Instrumen.t, "RESPA" refers to all requirements and restrictions that are imposed in regard <br />Co a"federally relaCed tnortgage laan" even if the Loan does not qualify as a"federally related mortgage <br />loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instnunent secures to Lender: (i) the repayment af the Loan, and all renewals, extensions and <br />modi�ications of the Note; and (ii) the performance af Borrower's covenants and agreements under this <br />Security Instrument and the Note. For ttus purpose, Bor;rower irrevocably grants and conveys to <br />Truste�, in tntst, with pawer of sale, the fallowing described praperty lacated in the <br />County af Hall . <br />[Type of Recording 7urisdiction] [Name of Record'u►g Jurisdicrion] <br />Lot Twenty (20), and the Westerly Thirty f3Q) feet of Lat Twenty-One <br />(21), all in Block One (1), in Knickrehm Addition to the City of Grand <br />Island, Hall County, Nebraska <br />Parcel ID Number: 4p 0 052 �0 7 <br />206 W 2Qth St <br />Grand Island <br />("Property Address"): <br />which currently has thc address af <br />(screec] <br />[Ciry], Nebraska 68801 [Zip code] <br />TOGETHER WTTH all the improvemeats now or hereafter erected on the pmperry, and all <br />easements, appurtenauces, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covere�i by this Security Instnunent. All of the foregoing is referred to in this <br />Security Instivment as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has <br />the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances <br />of record. Borrower warrants and will defend generally the title to the Property against all claims and <br />demands, subject to any encumbrances of ra:ord. <br />NEBRASKA - Single Family - Fannie Mae/Froddl� Mac UNIFQRM INSTRUMENT <br />�-B�NE) �os�i� Pppe 3 of 16 i�icia -• Form 3028 7/01 <br />� : 1�i;��� <br />