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20�10119� ; � � (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 Real Estate Settlement Procedures Act (12 U.S.C. S�tion 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 aze 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 Properiy, whether or not that party has assumed Borrower's obligations under the Note and/or this S�urity Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This Security Instrument secures to Lender: (i) the repayment of the Loan, and ail renewals, extensions a�d modifications of the Note; and (ii) the perfornu�ice of Borrower's covenants and agree�nts unde� i�is Security Instrument and the Note. For this purpose, Bonower irrevoca�ly grants and ccmveys to Trustee, in trust, with power of sale, the following described property located in tbe County of Hall . [Type of Recording Jurisdiction] [Name of Recording Jurisdiction] Lot One (1), "U-" (U Bar) Subdivision, an Addition to the City of Grand Island, Hall County, Nebraska. Parcel ID Number: 400379155 4701 W Husker Hwy Alda ("Property Address"): which currently has ti�e addi�ess of tsa+cec3 [ciry] , Nebraska 6 8$1 U t� C�3 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 additions shall also be cover� 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. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �-61NE) Ioei �) Page 3 of 15 �nitials: Form 3028 1/01 � � : i i � �w