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2fl��9�� (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal an.d interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (P) "RESPA" rneans the Real Estate Settlernent Procedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X(24 C.F.R. Part 3500), as they rnight be amended frorn tirne to tirne, or any additipnal or successor legislation or regulation that governs the same subject matter. As used in this Security Tnstrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a"federally related mortgag� loan" even if th� Laan does not qualify as a"federally related martgage loan" under RE5PA. (Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrawer's obligatians under the Note and/or this Security Instrument. TRANSFER OF RTGHTS 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 Security Instrurnent and the Note. For this purpose, Borrawer 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 Jurisdicuon] [Name of Recording 7urisdiction] Lo� Seven (7), Westwood Park Six�h 5ubdivision in the City of Grand Island, Hall County, Nebraska. Parcel ID Number: 400405970 717 Redwood Rd Grand Island ("Property Address"): which currently has the address of [Street] �c�ry�, Nebraska 68803 [Zip Code] TOGETHER WITH all the irnprovements now or hereafrer 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 Instrurnent. All of the foregoing is referred to in this Security Instrument as the "Property." BORRQWER COVENANTS that Bonower is lawfully seised af 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 wazrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances af record. NEBRASKA - Single F�mily - Pannie Mae/Freddie Mac UNIFORM INSTRUMENT �-61NE) loai i i Page 3 of 15 i��c�ais:� � Form 3028 1/01 '� t; � f� 1i ;d Y .. ,