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201109915 <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />I.oan. <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii} any amounts under S�tion 3 of this S�urity Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.5.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, <br />or any additional or successor legislation or regulation that governs the same subject matter. As used in this <br />Security Instnunent, "RESPA" refers to all requirements and restrictions that are imposed in regazd to a <br />"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" <br />under RESPA. <br />(Q) "Successar in Interest of Borrower" �reans any party that has taken title to the Properiy, whether or not <br />that pariy has assumed Borrower's obligati�ns under the Note and/or this Security Instivment. <br />Transfer of Rights in tfie Property <br />This Security Instcvment secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modificarions of the Note; and (ii) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys <br />to Ttvste�, in trust, with power of sale, the following described property located in the <br />C o u n t y (7ype of Recording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdiction): <br />Suite Two (2), in the Ravenoaks Condominium, in the City of Grand Island. Hall <br />County, Nebraska, as shown on the plat and plan for the Ravenoaks Condominium <br />and the Declaration thereof, and any amendments thereto, and subject to the <br />Declaration grants, covenants, easements, conditions, and restrictions <br />establiishing a plan for condominium ownership of the Rvenoaks Condominium, as <br />set forth therein and of record as Instrument No. 98-105717 and (any <br />amendments) thereto, all as contained in the records of the Register of Deeds <br />of Hall County, Nebraska. <br />ParcellD Number:400389568 <br />3130 W 14th St Unit 2 <br />Grand Island <br />("Property Address"): <br />which cuirently has the address of <br />(Street) <br />(City), Nebraska 58803 (Zip Code) <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be <br />covered by this Se,curity Instnunent. All of the foregoing is referreri to in this Security Instrument as the <br />n�. � <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financlal Services <br />Form 3028 7/O1 <br />VMP81NE) (1106) <br />Page 3 of 77 <br />