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2011034�� (0) 'Teriodic 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 used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are 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 Borrower'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 alI renewals, extensions and modifications of the Note; and (ii) the performance of Borrower` s covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sa1e, the following described property located in the County of HALL . [Type of Recording Jurisdiction] [Name of Recording Jurisdicrion] Lot Two (2), in Block Two (2), in Wiebe's Addition to the City of Grand Island, Hall County, Nebraska Parcel ID Number: 400138611 809 W Charles St. Grand Island ("Property Address"): which currently has the address of jSUeet] [city�, Nebraska 68801 [Zip Code] TOGETHER WITH all tb.e 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 Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the esta.te hereby conveyed and has the right to grant and convey the Property aud that the Property is unencumbered, except for encu.mbrances of record. Borrower warrants aud will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �-6(�IE� (0811) Page 3 of 15 Initia ' � 11-03-000024 Form 3028 1101