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20i10165� (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 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 Property, whether or not that party has assumed Bonower's obligations under the Note and/or this Security 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 (ii) the perforniance of Bonower's covenants and agreements under 13�is Security Instnunent and the Note. For this purpose, Borrower irrevocai�ly grants and conveys to Trustee, in tnzst, with power of sale, the following described property located in ti�e of Hall . [Type of Recording Jurisdicrion] [Name of Recording Jurisdiction] Lot Three (3), in Block One (1), in Jack Voss Second Subdivision, Hall County. Nebraska. Parcel ID Number: 400164795 4319 Michigan Ave Grand Island ("Property Address"): which currently has i�e ad� Qf I�] (ciry�, Nebraska 68803 T�+c'.vde) 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 sha11 also be covered by this Security Instnunent. All of the foregoing is refened 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 generally the title to the Property against all claims and demands, subject to any encumbrances of record. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT K y �-61NE) tosi i� Page 3 of 15 Initials: �/� Form 3028 1/01 �