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201�OQ4�4 (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 Instru�nent. (P) "RESPA" means Che Real 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 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 requirements and restrictions that are imposed in regard to a"federally related mortgage loan" even if the I,.oan does not qualify as a"federally related mortgage loan" under RESPA. (Q) "Successor in Interest of Borrower" rneans any party that has taken title to the Praperty, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrurnent secures to Lender: (i) the repayment of the Loan, and all renewals, extensians and modi�cations 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 sa1e, the following described property located in the County of Hall . [Type of Recording 7urisdiction] [Name of Recording Jurisdiction] Lot Two (2), Block Three (3), 5ummerfield Estates First Subdivision, City of Grand Island. Hall County. Nebraska. Parcel ID Number: 400378744 3940 Meadow Way Trl Grand Island ("Property Address"): which currently has the address of [Streetj [C�ry], Nebraska 68803 L��p Code] TOGETHER WITH all the improvernents 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 shall also be cavered 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 Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend g�nerally the title to the Praperty against all claims and demands, subject to any encumbrances of record. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRIJMENT `•.=� �-6�NE) los� t1 Page 3 of 15 miciais: � ��--f Form 3028 9/09 � �.