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2011Q0315 <br />(0) "PeriotlicPayment" mcans the tegularly scheduled a►nount due for (i) principal and intcrest ur�dcr thc <br />Nc�te, plus (ii) any amounts under Seclion 3 of this Sectu Instrument. <br />(P) "RESPA" means thc Real Estute Setticment Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regu]atic�t�, Regulation X(24 C.I'_.R. Part 3500), as they mighl be amended Irom time to <br />time, or any aaditional ot succes�or Iegislation or regulation that govern� the same subject matter. As used <br />in this Sccurity Instrument, "RI:SPA" refet� 1.o all requirement� and restrictions that arc imposed in regard <br />to a"federally related mortgage loan" even i£ the Loan docti n��t qualify as a"federally rclated rtzortgage <br />Inan" under RESPA. <br />(Q) "Successorin Interest nf Borrowcr" means any party that has takcn titic to thc Property, whether or <br />not tk�at party has assumed Borrower'� nbligations under thc Note and/or this Scci�rity In�tn�ment_ <br />TRANSFER OF RIUH'1'S IN TIIE PROPER"1"Y <br />This Security Instrument secures to Lender: (i) the repay►nent of the Loan, and all renewals, extensions and <br />mndificatic�ns of the Nole; and (ii) the petfonnance of Borrnwcr's covenant� and agreements undcr this <br />5ccurity Inslrument and thc Note. For lhis purposc, .T3orrower irrevucably grants and conveys to <br />7'rustee, in trust, with power of sule, the following aescribea pmperty located in t}�e <br />CQUNTY o f HALL : <br />�'1'ype of Recording JurisdictionJ �1Vame nf Rccording 7urisdiclion� <br />LOT TWO (2), LIVERMORE SUBDIVISION, IN THE CITY OF GRAND ISLAND, <br />unr.L COUNTY, NEBRASKA. <br />THIS IS A PURCHASE MONEY SECURITY INSTRUMENT. <br />Parcel ID Nwnber: <br />2320 PARKVIEW DRIVE <br />GRAND ISLAND <br />("Property Address"): <br />which currently has the addretia of <br />[5treetJ <br />�c:ity], Nehzatika �$$p1 [Gip C'ode] <br />TOGETIIER WITH all the improvements now or berea�er erected on the praperty, and all <br />easemenis, appurtcnances, at�d iixtures now on c�reafter a part of the propetly. All teplacements and <br />additions shall also be coveted by this Sccurity Insttument. All of the foregoing is referred to in this <br />Security Instrumetat as tha "Ptoperty_" <br />i3ORR(7WER COVENAN"TS that B��trowet is lawfully sciscd of the estate k�ereby convcyed and has <br />thc ri�ht tn grant and convey thc Pri�periy and that the Prnperty is uneT►cumbercd except fi�r encumbrances <br />of record. Borrower warrants an,d will deFend generally the title to the Property against all claimti and <br />dumand5, subjecl lo any enc«tnbrances ol�record_ <br />NEBRASKA- Single: Family - Fannie MaelFreddie Mac UNIFORM INSTRUM�NT <br />�-6(NE) �os�i� Page 3 of15 iniTiais: Form 3028 1/U1 <br />