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201105552 � � (0) "Periodic Payment" means the regularly scheduled amount due far (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (P) "RESPA" means the Rea1 Estate 5ettlement 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 aze imposed in regazd to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" under RE5PA. (� "Successor in Interest of Borrower" means any party that has taken title 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 renewals, extensions and modifications of the Note; and (u) 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 sale, the following described property located in the County of Hall . [Type of Recording Jurisdicrion] [Name of Recording Jurisdicdon] Parcel 1: 106 W 3rd St - Alda, NE 68810 Lot Eight (8), and the East Half of Lot Seven (7), in Block Three (3), Clarkson's First Addition to the Village of Alda, Hall County, Nebraska. Parcel 2: 13 Venus St - Alda, NE 68810 Lot Thirteen (13), Argo Fourth Subdivision, in the Village of Alda, Hall County, Nebraska. Parcel ID Number: 400174286 / 400173204 106 W 3rd St and 13 Venus St Alda ("Property Address"): which currently has the address of [Street] [Ciry], Nebraska 68810 [zip 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 covered by this 5ecurity Instrument. All of the foregoing is refened 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. Bonower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. NEBRASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT �-B�NE) (08111 Pege 3 of 16 inntais: Form 3028 1/01 � 1 i