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201200048 (N) "M ortgage InsuranCe" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (0) °'Periodic �ayment" 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 migh�be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Securiry Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assurned Borrower's obligations under the Note and/or this Security Instrnment. Transfer of Rights in the Property This Security Insl�uinent secures 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 agreements under this Security Institiinient 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 C o u n ty (Type of Recording JuYisdiction) of H A L L (Na�ne of Recording Jurisdiction): LOT TWENTY SIX (26) AND THE NORTH SIXTEEN (16) FEET OF LOT TWENTY FIVE (25) , IN REUTING'S SECOND SUBDIVISION> CITY OF GRAND ISLAND, HALL COUNTY> NEBRASKA Parcel ID Number:400161117 which currently has the address of 1710 Vi rgi ni a Dr (St�eet) G r a n d I s 1 a n d (City), Nebrask� 6 8 8 0 3 (Zip Code) ("Property Address"): TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fiYtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instr�unent. All of the foregoing is referred to in this Security Insiru�zent as the "Properiy." 24000018 NEBR4SKA-SingleFamily-FannieMae/FreddieMacUNIFORM INSTRUMENT Form30281/0'I VMP Q VMP6(NE)(1105) Wolters Kluwer Financial Services Page 3 oi 17