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2oiiooi�� <br />(0) "Periadic Payment" means the regularly scheduled amaunt due foz' (i) principal and interest under the <br />Note, plus (ii) any amaunts under Section 3 of this Security Instrument. <br />(P) "RESPA" tneans the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />irnplementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be arnended from time to <br />time, or any additional or successar legislation or regulatian that govems the same subject matter. As used <br />in this Security Instnunent, "RESPA" refers to all requirements and restrictions that are irnposed in regard <br />to a"federally related mo�tgage loan" even if the Loan does not qualify as a"federally related rnortgage <br />loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title ta the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and/or this S�curity Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrurnent secures to I.ender: (i) the repayment of the Loan, and all renewals, extensions and <br />rr►odifications of the Note; and (ii) the performance of Borrower's covenants and agreetnents under this <br />Security Instrument and the Note. For this purpose, Barrower irrevacably grants and conveys to <br />Trustee, in trust, with power of sale, the fallowing described property located in the <br />County of Hall . <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction] <br />The East Five (5) Feet of Lot Three (3) and all of Lot Four (4), Block <br />One (1), Pleasant View Third Addition, City of Grand Is1and. Hall Caunty. <br />Nebraska. <br />Parcel ID Number: 400079380 <br />704 Sun Valley pr <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />�sa�u7 <br />[C�ry], Nebraska 68801 Iz;��� <br />TOGETHER WITH all the irnprovernents now or hereafCer erected on the property, and all <br />easernents, appurtenances, and �ixtures now or hereafter a part of the property. All replacements and <br />additions shall alsa be covered by this Security Instnunent. All of the foregoing is referred to in this <br />Security Tnstrument 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 for encumbrances <br />of record. Borrower warrants and will defend generally the title to the Property against all clairns and <br />demands, subject to any encumbrances af record. <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNI�ORM INSYRUMENT <br />�-6�NE) �osi i� Page 3 of 15 in�t�ais: Farm 3p2$ 1/07 <br />W <br />�� , , � <br />`�C. <br />