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201200890 <br /> (N) "M ortgage Insurane�" means insurance pmtecting Lencler against the nonpayment o� ar default on, the <br /> Loan. <br /> (0) "Periodic Pdyment" means thc regulazly scheduled ainount due for(i)principal and interest under lhe <br /> Note, plus(ii) any amounts imder Secti,on 3 of this Security Instrmuent. <br /> (P) "RESPA" means the Real Pstate Settlement Proceclures Act(J2 U.S.C. Sec6on 2601 et seq.)and its <br /> implementing regulation, Regulaliou X(24 C,F.R. Part 3500), as they might be amended from time to time, <br /> or any addirional or suceessor le�slafion or regulation that governs the saavo subject matter. As i�sed in this <br /> Sec�s3ty Instniment, "RESPA" refers to all requirements and restricriong that are unposed In regazd to a <br /> "federally related mortgage loan" ev�ifthe Loai�does not qualify as a"federally related mortgage loan" <br /> under RESPr1. <br /> (Q) "Successor in Interest of Borrower" means any party that has taken ritle to the Property, whether or not <br /> that parry has assumed Bonower's obligatiorus under the Note and/or this Security Instrmncnt. <br /> Transfer of Rights in the Property <br /> This Seeuriry Instnunent secures to L ender: (i) the repa�snent of the L oan, and all renewals, extensions <br /> and modifications of the Note; and(ii) the performance of Borr6u�er s covcnants and agreements Lmder <br /> tkus Security Instrument and the Note. For fYus purpose, Borrowex irxevocably granYs and conveys <br /> to Trustee, in tnist, with powex of sale, the following described properiy located in the <br /> C a u n ty (Type of Recording Turisdiction) <br /> of HALL (NameofR�cordingJwisdietion): <br /> LOT ONE (1) AND LOT TWO (2) , SMILEY SUBDIVISION, CITY OF GRAND ISLAND, HALL <br /> COUNTY , NEBRASKA <br /> Parcel ID Number: 40D119684 & 400119676 whichcurrentlyhastheadciressof <br /> 418 N Wetzel St (Street) <br /> Grand Island (Cisy), Nebraska68801 (ZipCode) <br /> ("P;oparty Address"): <br /> TOGETHER WITH all the itnproveinents now or heaeafter erecteci on the properry, and all easements, <br /> appurtenances, and hxtures now or hereafter a pazt of the properry. AII replacemeats and addirions sY�a11 aLso be <br /> covered by this Security InsCrument All of the faregoing is referred[o in this Security Instnunent as the <br /> "Property." <br /> zaoco�eo <br /> NEBRASKASIn9�eFamily-FdnnieMa�Preatlie Mac uVIFORM INSTRUMENT Form 3�2a�Ipi <br /> ���P� Vbi P6(NE)(1�OS) <br /> NoltersKluwe�Financial5ervires Pa�e3 of'I] <br />