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2011013g3 <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instnu�nt. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument, "RESPA" refers to a11 requirements and restrictions that are imposed in regard <br />to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage <br />loan" under RESPA. <br />(Q) "5uccessor in Interest of Borrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Bonower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the rc,payment of the Loan, and all renewals, eates�sions and <br />modifications of the Note; and (ii) the performance of Borrower's covenants and agr�ts under t�is <br />Security Instrument and the Note. For this purpose, Borrower irrevocably grants and ccmveys to <br />Trustee, in trust, with power of sa1e, the foilowing described property locaied in �e <br />County <br />[Type of Recording Jurisdiction] <br />Lot Five (5), LeHeights Fourth <br />Hall County, Nebraska. <br />Parcel ID Number: 400157993 <br />4228 Kay Ave <br />Grand Island <br />("Property Address"): <br />of Hall <br />[Name of Recording Jurisdiction] <br />Subdivision, in the City of Grand Island. <br />which currently has #i�e add�s +c�f <br />[s�arct] <br />[ciry�, Nebraska 68803 Izq�c�ode� <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this Security Instnunent. All of the foregoing is refened to in this <br />Security Instnunent as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has <br />the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances <br />of record. Borrower warrants and will defend generally the title to the Property against all claims and <br />demands, subject to any encumbrances of record. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6�NE) (0811) Page 3 ot t5 Initials: <br />cq <br />V' ° � . r , � , <br />Form 3028 1/07 <br />��� <br />