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�Q120096� <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(0) "Periodic Payment" means the regvlarly schedule� amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this S�urity Instnunent. <br />(P) °RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regularion 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 Instrument, "RFSPA" refers to all requirements and restrictions that are imposed in regazd to a <br />"federally related moRgage 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 pazty that has taken ritle to the Property, whether or not <br />that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />Transfer of Rights in the Property <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under <br />tlus S�urity Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys <br />to Trustee, in trust, with power of sale, the following described property located in the <br />Co unty (T ype of Recording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdiction): <br />Lot Eighty SIx (86) and the North Six (6) Feet of Lot Eighty Seven (87), West <br />Lawn, An Addition to the City of Grand Island. Hall County. Nebraska. <br />Parcel iD Number:400115778 <br />1708 N Grand Island Ave <br />Grand Island <br />("Property Addr�s"): <br />which currently has the address of <br />fs�'�I <br />(City), Nebraska 68803 (Zip G,�de) <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 Insm�ment. All of the foregoing is refened to in this Security Instrument as the <br />p � �J . M <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3028 1 /01 <br />VMPB(NE) (1105) <br />Page 3 of 17 <br />� N ;J ;��, �: <br />