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2011021"� i <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 Instrument. <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 3�00), 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 all requirements and restrictions that are imposed in regard <br />to a"federally related mortgage Ioan" even if the Loan does not qualify as a"federally related mortgage <br />Ioan" under RESPA. <br />(Q) "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 Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and a11 renewals, extensions and <br />modifications of the Note; and (ii) the perfonmance of Bonower's cavenants and agreements under this <br />Security Instrument and the Note. For ttzis gurpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described properry located in the <br />COUNTY p� HAT• . <br />jType of Recording Jurisdiction] <br />[Name of Recording Jurisdiction] <br />Lot Eleven (11), Block (2), Woodland Park Faurth Subdivision, in <br />the City of Grand Island, Hall Connty, Nebraska <br />Parcel ID Number; <br />4146 IOWA AVE <br />GRAND ISLAND <br />("Property Address"): <br />which currently has the address of <br />[Stteet] <br />[Ciry], Nebraska 68803 [Z;p Code) <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fiYtures now or hereafter a part of the property, AIl repiacements and <br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this <br />Security Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is Iawfully 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 clairns and <br />demands, subject to any encumbrances of record. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />� 6(NE) rosi i � Page 3 ot 15 Initials: � Form 3028 1/01 <br />�� <br />