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�Q1�09624 <br />(N) " Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(0) "PeriodiePayment" m�ns ihe regularly scheduled amotmt due f'or (i) principal and interest under the <br />Note, plus (ii) any amounts under 5ection 3 of this Security Instrument. <br />(P) " RESF14 " means lhe Rc;al F,tilate Settie,�nent Proceclures Act (12 i1.S_C. Sec:liun 2601 el s�{.) dnd ils <br />implementing regulation, Regulation X(24 CF_R. Part 3500), as they might be amendr� from time to time, <br />or any additional or successor legislation or regulation that governs the same subject matter. As used in this <br />Secutity Instrument, "RESPA" refers to all requirements and restrictions thal are imposed in regard to a <br />"fcdcrally rclatcd mortgagc loan" cvcn if thc Loan docs not qualify as a°fcdcrally rclatcd mortgagc loan" <br />under RESPA. <br />(Q) " Suecessor in Interest of Borrowe�" meaus any p:u�ty that has taken title to ihe Property, whelher or not <br />lhat party hus assumdd Borrower's obiigations under the Note anJ/or this �;urity Instrument. <br />Transfer of Righ� in �e Property <br />This Security Instntment secures to Lender_ (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Nole; and (ii) the performance of Borrower's covenanls and agreements under <br />this Sccurity Instrumcnt and thc Notc. For this purposc, 13orrowcr irrcvocably grants and convcys <br />to Tntstee, in tnist, wiYh power of sale, the following described property located in the <br />County . (Type qf Reco�•c/i�ag Jt�risclic•livfz} <br />of Hall �]V[I!?Z�OrRBCO/YI(/I�Q.I[[lT.CCIfC1lO1IJ: <br />Al1 that certain lot orparcel of land situate in the County of Hall, State of <br />Nebraska, and being more particularly described as follows: <br />Lot Thirty-£ive(35), Grand West Subdivision in the City of Grand Island, Hall <br />County, Nebraska. <br />Parcel ID Number. 400396750 <br />1605 Mansfield Rd <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />(Slreel) <br />(City), Nebraska 68803 (Zip Code) <br />TOGETHER WITfI all thc improvcmcnts now on c�rraftcr crcctcd on thc property, and all cascmcnts, <br />appurtenances, and fixtures now or hereafier a parl of the property_ All replacemenis and additions shall also be <br />covered by this Security Instrument_ All of the foregoing is refened to in this Security Instrument as the <br />"Properly_" <br />1111023724 <br />N�RASKASingle Farnily-Fannie Mae/Freddie Mac UNIFORM INSTl�1M�IT <br />VM P (n� <br />Wolters Kluwer Fin�cial Services <br />1111023724 <br />Form 3028 1l01 <br />VM PB(NE) (1105) <br />P�e 3 of 17 <br />