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2�1��9�i� <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 Security Instrument. <br />(P) "RESPA" means the Real �state Settlernent Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to <br />time, or any additional or successar legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument, "RESPA" refers to all requirements and restrictions that are irnposed 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 Borrower" means any party that has taken title to the Property, whether or <br />not that party has assurned Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />'This Security Instrurnent secures to L,Qnder: (i) the repayment of the Loan, and all renewals, extensions and <br />nnodi�cations of the Note; and (ii) the performance of Borrower's covenants and agreements under this <br />Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described property located in the <br />County of Ha11 . <br />[Type of Recording 7urisdiction) [Name of Recording 7urisdiction] <br />Lot Twelve (12), Country Meadows Second Subdivision, in the City of Grand <br />Is1and, Hall County, Nebraska. <br />Parcel ID Number; 400414880 <br />353 Redwood Rd <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />[3treet] <br />[Ciry], Nebraska 68503 [zip code� <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this <br />Security Instrument 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 fox encumbrances <br />of recard. Borrower warrants and will defend generally the title to the Property against all claims and <br />demands, subject to any encurnbrances of record. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT � <br />�-BIN�) 1os� i I Paga 3 of 15 i�n�ais: _l� �%�,fYC Form 3028 1/01 <br />� -� <br />