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201103382 (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. 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 u�d in this Securiry Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regazd to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (� "Successor in Interest of Borrower" means any party that has taken ritle 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 rene�vals, extensions and modifications of the Note; and (ii) the performance of Bonower's covenants and agre�ments under this Security Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys �o Trustee, in trust, with power of sale, the following described �roperty locatsd in the County of Hall . [Type of Recording Jurisdiction] [Name of Recording Jurisdiction] Lot Two (2), Bick's Fourth Subdivision. Grand Island. Hall County, Nebraska. Pazcel ID Number: 400151642 4260 W US Hwy 30 Grand Island ("Properiy Address"): which cunently has the addr�cs of Is�l [ciry�, Nebraska 68803-0000 [zi�coae] TOGETHER WITH all the improvements now or hereafter erected on the properiy, and all easements, appurtenances, and fixhues now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is refened to in this Securiry Insm�ment 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 ritle to the Property against all claims and demands, subject to any encumbrances of rec:ord. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6fNE) loai iJ Page 3 of 15 InRials� m Form 3028 7l01 2� � � � ��. ,r �