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201200750 <br />(N) "Mortgage Insurance" means insurance protecting 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 Se,ction 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Se,ction 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 Instniment, "RFSPA" refers to all requirements and restrictions that are imposed in regard to a <br />"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" <br />under RESPA. <br />(a) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not <br />that party has assumed Bonower's obligations under the Note and/or this Security Instrument. <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 modifications of the Note; and (ii) the performance of Bonower's covenants and agrcements 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 property located in the <br />C o u n ty (T�pe of Recording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdiction): <br />Lot Two (2), Indianhead Subdivision, in the City of Grand Island, Hall County, <br />Nebraska <br />Parcel ID Number: 400379716 which currently has the address of <br />4135 Bucki ngham Dr (Street) <br />Grand Isl and (City), Nebraska 68803 (Zip Code) <br />("Property Address"): <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 Security Instrument. All of the foregoing is referred to in this Security Instrument as the <br />„�, oPeri3 , � <br />NEBRASKA-Single Family-Fannie Mae/Fraddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wotters Kluwer Financfal Services <br />Form 3028 1 /01 <br />VMP8INE) (1106) <br />Page 3 of 17 <br />. a >, ' <br />