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20��0526� (0) "Periodic Payment" means the regulazly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Se,ction 3 of this Security Instntment. (P) "RE5PA" means the Real Estate Settlement Proc.edures Act (12 U.S.C. Section 2601 et seq.) and its implementing regularion, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regularion that governs the sazne subj�t ma.tter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a"f�erally 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 title to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this S�urity Instrument. TRANSFER OF RIGHTS IN THE PROPERTY This S�urity Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Bonower's covenants and agre�ments under this Sec�tt�ity Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys to Tnistee, in m�st, with power of sale, the following describefl properiy located in the County of Hall . [Type of Recording Jurisdicflon] [Name of Recording Jurisdiction] The West Forty Feet (40') of Lot Eight (8) and the East Twenty Feet (20') of Lot Seven (7), in Grace Lutheran Church Subdivision to the City of Grand Island, Hall County. Nebraska. Pazcel ID Numher: 400136864 826 E Bismark Rd 6rand Island ("Property Address"): which currently has the address of [street) [ciry�, Nebraska 68801 [zi� coae] TOGETHER WITH all the improvements now or hereafter erected on the properly, and all easements, appurtenanc�.s, and fixtures now or hereafter a part of the properly. All replacements and additions shall also be covered by this Security Instnunent. All of the foregoing is refened to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyefl and has the right to grant and convey the Property and that the Properiy is unencumbered, except for encumbrances of re�ord. Bortower warrants and will defend generally the ritle to the Properly against all claims and demands, subje�t to any encumbrances of record. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) (0811) Page 3 of 15 Initials: � �Z . �= Form 3028 7 /01 ��. ) � ��. l� �