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201200541 <br />(N) "Mortgage Insurance" means insurance prot�ting Lender against the nonpayment of, or default on, the <br />Loan. <br />(0) "Periodic Payment" means the regulazly 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.S.C. Section 2601 et seq.) and its <br />implementing regvlation, Regvlarion 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 Inslxument, "RESPA" refers to all requirements and restrictions that aze 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) "Successor in Interest of Borrower" means any party that has taken ritle to the Property, whether or not <br />that party has assumed Borrower's obligarions under the Note and/or this S�urity Instnunent. <br />Transfer of Rights in the Property <br />This S�urity Instnunent secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modificarions of the Note; and (u) the performance of Bonower's covenants and agr�ments under <br />this Security Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys <br />to Trustee, in trust, with power of sale, the following described properly located in the <br />C o u n t y (7ype of Recording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdiction): <br />Lot Three (3), in R& B Subdivision, in the City of Grand Island. Hall County, <br />Nebraska. <br />Parcel ID Number:400159848 <br />4019 Zola Ln <br />Grand Island <br />("Property Address"): <br />which currently has the addr�s of <br />(Stred) <br />(City), Nebraska 68803 (Zip Code) <br />TOGETHER WITH all the im�rovements now or hereafter er�ted 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 Security Instrument. All of the foregoing is referre� to in this S�urity Instrument as the <br />"Property." <br />NEBRASKA-Single Femily-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3028 1/01 <br />VMPBINE) (1105) <br />Page 3 of 17 <br />