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201100528 (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 time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to a11 requirements and restrictions that are imposed in regazd to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (� "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Bonower's obligations under the Note and/or this 5ecurity Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (u) the performance of Bonower'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 Jurisdicdon] Lot Eight (8), in Block Eight (8), in Dill and Huston's Addition to the City of Grand Island, Hall County, Nebraska, and a tract of land being a part of platted Beta Street vacated by Ordinance No. 4932 of the City f Grand Island, Nebraska and being in Dill and Huston's Addition in said city, more particularly described as follows: The East one-half of said vacated Beta Street abutting the west line of Block Eight (8), in Dill and Huston's Addition from the south line of Tenth (lOth) Street to the south line of said Dill and Huston's Addition. Pazcel ID Number: 400127326 2231 W lOth St Grand Island ("Property Address"): which currently has the address of [street] [Ciry�, Nebraska 68803 [zip Code) TOGETHER 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 addirions shall also be covered by this Security Instrument. All of the foregoing is refened to in this Security Instrument as the "Property." . BORROWER COVENANTS that Bonower 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. Bonower warrants and will defend generally the ritle to the Property against all claims and demands, subject to any encumbrances of record. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-61NE) (oai t) Page 3 of 15 Inkials: � Form 3028 1/01