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20iD09789 (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (P) "RESPA" means the Rea1 Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to titne, or any additional or successor legislation or regulatian that governs the same subject matter. As used in this Security Instnur►ent, "RESPA" refers to all requirements and restrictions that are imposed an regard ta a"federally related rnortgage loan" even if the Loan does not qualify as a"federally relateci mortgage loan" under RESPA. (Q) "Successor in Tnterest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrawer's obligations under the Note and/or this Security Instnunent. TRANSFER OF RIGHTS IN THE PROPERTY 7fiis Security Instruxnent secures to Lender: (i) the repayment of the L.van, and all renewals, extensions and modi�cations of the Note; and (ii) the performazice of Borrower's covenants and agreements w�der this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of Hall . [Type of T2ecording Jurisdiction] [Name of Recording lurisdiction] The Southerly Five (5) Feet of Lot Seven (7) and all of Lot Nine (9) and the Northerly Twenty Four (24) feet of Lot Ele�ven (1�.), all in Block Three (3), in University Place, an Addition to the City of Grand Island. Hall County. Nebraska. Parcel ID Number: �4 0 0 0 9 9 3 5 7 2420 N Sherman Blvd Grand Island ("Property Address"): which currently has the add�s Qf I�] [C�ry�, Nebraska 6$$U3 t��] TOG�THER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions sha11 also be covered by this Security Instrument. All of the foregoing is referred to in this Security Tnstn�ment as the "Property." BORROW�R COV�NANTS 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 unencuzx►bered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. NEBRASKA - Single Family - Fannie Mae/Fraddie Mac UNIF�RM INSTRUMENT �-6(N�) loai il page 3 of 15 i��uais: Form 3028 1/01 � ,;. ' • ' r I