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2012007�21. <br />(1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, <br />or default on, the Loan. <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and <br />interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) <br />and its implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be <br />amended from time to time, or any additional or successor legislation or regulation that governs <br />the same subject matter. As used in this Security Instrument, "RESPA" refers to all <br />requirements and restrictions that are imposed in regard to a"federally related mortgage loan" <br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. <br />(� "Successor in Interest of Borrower" means any party that has taken title to the <br />Properiy, whether or not that party has assumed Borrower's obligations under the Note and/or <br />this Security Instrument. <br />TRAN5FER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, <br />extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and <br />agreements under this Security Instrument and the Note. For this purpose, Borrower <br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described <br />property located in the COUNTY <br />[Type of Recording Jurisdiction] <br />of HALL <br />[Name of Recording Jurisdiction] <br />LOT FOURTEEN (14), EXCEPT THE SOUTHEASTERLY FIVE (5) FEET THEREOF, IN <br />KNICKREHM SEVENTH ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA <br />which currently has the address of 2411 N LOCUST ST <br />[StreetJ <br />GRAND ISLAND , Nebraska 68801 ("Property Address"): <br />!�'�rY1 <br />[Zip CodeJ <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and <br />all easements, appurtenances, and fixtures now or hereafter a part of the property. All <br />replacements and additions shall also be covered by this Security Instrument. All of the <br />foregoing is referred to in this Security Instrument as the "Property." <br />�B�.SI{�l — Single Family — Fannle Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/Ol ��� <br />GCC - G302&03 (09/Ol) (Page 3 of 19) Init�els: <br />