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2011019z� <br />S�` <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 Instrurr�eni. <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 alI 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 />(� "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and/or this Securiry Instrument. <br />TRANSFER OF RTGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreemenis ��us <br />Security Instrument and the Note. For this purpose, Bonower irrevocably grants and canveys io <br />Trustee, in trust, with power of sale, the following described pmperty located in tlre <br />County of Hall . <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction] • <br />Lot Four (4), in Block One (1), in Le Heights Second Subdivision, in the <br />City of Grand Is7and, Hall County. Nebraska. <br />Parcel ID Number: 4 0 015 7 314 <br />4331 Kay Ave <br />Grand Island <br />("Property Address"}: <br />which currently has the add� �f <br />ts�7 <br />�c,ry�, Nebraska 68803 izz�coa�] <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and ail <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this Securiry Instrument. All of the foregoing is referred to in this <br />Security Instrument 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 claixns and <br />demands, subject to any encumbrances of record. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6(NE) (oszi� Page3of 15 inrc�ais: form 3028 1/01 <br />� <br />� <br />