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2 41105407 (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 subj�t matter. As used in this S�urity Instrument, "RESPA" refers to all requirements and restrictions that aze imposed in regard 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 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 Security Instrument se�ures 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 agr�ments under this 5ecurity Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property l�ated in the County of Hall . [Type of Recording Jurisdicdon] [Name of Recording Jurisdiction] Lot One (1), Block Two (2), Woodland Park Tenth Subdivision, in the City of Grand Island, Hall County, Nebraska. Parcel ID Number: 400470116 4161 Vermont Ave Grand Island ("Property Address"): which currently has the address of (streec7 [ciry), Nebraska 68803 CLip Code� TOGETHER WITH all the 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 shall also be covere� by this S�urity Instrument. All of the foregoing is referred to in this Security Instrument as the "Properly." BORROWER COVENANTS that Bonower is lawfully seised of the estate hereby conveyefl 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. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) loatt) Pape3of15 iorc�eig: N� Form 3028 1/07 �