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2011U0480 (0) "Periodic Payment" means the regularly scheduled arnount due for (i) principal and interest under the Nate, plus (ii) any amounts under 5ection 3 of this Security Instrument. (P) "RESPA" means the Real Estate Settlement Pracedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X(24 C.F.R. Part 3SOp), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirennents and restrictions that are imposed in regard to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OP RIGHTS IN THE PROPERTY This Security Instrurnent secures to Lender: (i) the xepayment of the I.oan, and all renewals, extensions and rnodifications of the Note; and (ii) the performance of Borrower's covenants and agreements under 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 Recording Jurisdiction] [Name of Recording Jurisdiction] Lot Two (2), Eaglewood Acres Subdivision, Hall County. Nebraska. Parcel ID Number: 4 0 0 210 2 6 6 647 5wan Ln Grand Island ("Property Address"): which currently has the address of [Street] [Ciry] Nebraska �$801 [Zip Code] TOGETHER WITH all the irnprovements now or hereafter erected on the property, and a11 easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions sha11 also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Praperty and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claixx►s and demands, subject to any encumbrances of record. NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-61NE) �oa�i� Page 3 of 15 Initials: �� Form 3A2$ 1/01 �