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2oioo9i5� <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Securiry Instrume�nt. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 L7. S. C. Section 2601 et seq. ) and its <br />implementing regulation, Regulation X(24 C.F.R. Part 3500), as they mighC be amended from tirne to <br />time, or any additipnal or successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument, "RESPA" refers ta all requirements and restrictions that are imposed in regard <br />to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage <br />loan" under RESPA. <br />(Q) "Successor in Interest of Sorrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations undar the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE FROPERTY <br />This Security lnstrunnent secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br />modi�cations of the Nate; and (ii) the performance of Borrower's covenants and agreements under this <br />5ecurity Instrument and the Nate. For this purpose, Borrow�r irrevocably grants and conveys to <br />Trustee, in trust, with power oF sale, the following described property located in the <br />County of HALL . <br />[Type of Recarding Jurisdiciion] [Name of Recording Jurisdiction] <br />LO7 5EVEN (7) AND THE EAST 1�HREE (3) FEET OF LOT ETGHT (8), IN BLOCK <br />THREE (3), IN CUNNINGHAM SUBDIVTSION, IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />Parcel ID Number: 400039966 <br />2415 W 15th St <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />(Street� <br />[City�, Nebraska 6$803 [z;p Code] <br />TOGETHER WITH a11 the improvements now or hereafter erected on the property, and all <br />ea.sements, appurtenances, and �ixtures now or hereafter a part of' the property. All replacements and <br />additians shall also be covered by this Security Instniment. All of the foregoing is referred to in this <br />Security Instrument as the "Property." <br />BORROWER COVENAr1TS 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 unencuznbered, except for encumbrances <br />of recvrd. Sarrower warrants and will defend generally the title to the Property against all claims and <br />demands, subj�ct to any encumbrances of record. <br />230992 <br />NEBRASKA - Single Family - Fannie M aelFreddie M ac UNIFORM INSTRUM �NT <br />�-B'NE) (0811) Page 3 oi 15 iniciais: Form 3028 1/01 <br />� / � ( / ' �'�J <br />