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2o�aos5s� (0) "Periodic Payment" means the regularly scheduled amount due far (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Jnstxwnent. (P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its irnplernenting regulation, Regulation X(24 C.F.R. Part 3500), as they rnight be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Securiry lnstrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a"federally related mortgage laan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (Q) "Successor in Interest of Sorrower" tneans any party that has taken title to the Property, whether or not that party has assumed Borrowez''s obligations under the Note and/or this Security Tnstnunent. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions anci modifications of the Note; and (ii) the performance of Bonower's covenants and agr�rts �r �as Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in ttust, with power of sale, the following described property located in the County of Hall . [Type of 12ecording Jurisdiction] [Name of Recording Jurisdiction] Parcel 1: Lot Four (4), in West Heights Second Addition, an Addition to the City of Grand Island, Hall County. Nebraska. Parcel 2: Lot Fourteen (14), in Block One (1). Dickey Third Subdivision in the City of Grand Island. Hall County, Nebraska. Parcel ID Number: P a r c e 1 1: 4 0 0114 5 4 2 P a r c e 1 2: which currently has the address of 517 West Ave/2740 �'Flannagan �s�c� G r a n d I s 1 a n d �c��y� , Nebraska 6 88 0 3 (z� caae� ("Property Address"): TOGETHER WITH all the irnprovements now or hereafter crected on the property, and all easements, appurtenances, and �xtures now ar hereafter a part of the property. All replacernents and additions shall also be covered by this Security Instrument. All af the foregoing is referred to in this Security Instrwnent as the "Property." BORROWER C�VBNANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encurnbrances of record. Borrower warrants and will defend generally the title to the Property against all claitns and demands, subject to any encumbrances of rec�rd. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-61NE) 108i t1 Page 3 of 15 in�ciais: Form 3028 1/01 � \\ ) a �U" t ; " t Y � ` � � � %.� 1 � �, � p . . r L�