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201104623 (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 Securiry 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 legislat'ron or regulation that governs the same subject matter. As used in this Security Inshument, "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 Inferest of Borrower" means any pariy 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 RIG�-iTS 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 performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpase, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of HALL . [Type of Recording JurisdictionJ [Name of Recording Jurisdiction] Lot Eight (8) in "Buck Subdivision" located on part of the Southwest Quarter (SWI/4} of Section Two (2), in Townsl�ip Eleven (I1) North, Range Ten (10) West of the 6ttt P.M., Hall County, Nebraska EXCEPT a tract of land to be used for road purposes comprising a part of the Souih�vest Quarter (SWl/4) of Section Two (2) in Township Eleven (I1) North, Range Ten (TO) West of the 6th P.M, HaII Couniy, Nebraska, and a part of �.ot Eight (8) of Buck Subdivision in said Soufl�west Quarter (SW1/4) and more particularly described as follows: Beginning at the Saatheast corner of Buck Subdivision, thence running Westerly along the South line of said subdivision, also being the South line of said Southtivest Quarter (SWl/4), a distance of Thirty feet (30') ; thence running Northerly and parallel to the West line of said Soutliwest Quarter (SWll4) a distance of Trvo Hundred Sixty Four feet (264.0') to a point on the North line of Lot Eight (S) Buck Subdivision; thence running Easterly along the North line of said Lot Eight (8) a distance of Thirty feet (30') to the Northeast corner of said Lot Eight (8); thence running Northei•ly and parallel to the West line of said Southwest Quarter (SWI/4) a distance of Eight Hundred Ninety Seven and Seven Tenths feet (897.7' ), thence running Easterly and parallel to the South line of the Southwest Qnarter {SW1l4) a distance of Thirty feet (30'), thence rUnning southerly and paralleI to the West line of said SWl/4 a distance af One Thousand One Hundred Sixiy One and Seven Tenths feet (1,161.7') to a point on the South line of said SWl/4, thence running Westerly along the South line of said SWlJ4 a distance of 30 feet to the point of beginning. P arcel ID Nuanber: 4 0 015 2 6 2 2 which currently has the address of 2504 Northwest Ave [Street] Grand Isl and [ciry7, Nebraska 68803 [zip code� ("Property Address"): TOGETHER WITH all the improvements now or hereafter erected on the property, and all _ _ easements, appurtenances, and fixtures now or hereafter a parf of tfie property. AIl replacements arid additions shall also be covered by this Security Tnstrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Bonower 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. 231121 NEBRASKA - Single Family - Fannie MaelFreddie Mac UNiFORM INSTRUMENT --6(NE) �ost�� Page3 of 15 Initials: ,/j/�L-'. _ Form 3028 1101 �