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20120117� <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(0) "Periodic Payment" means the regularly 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. Secrion 2601 et seq.) and its <br />implementing regulation, Regulation X(24 C.F.R. Part 35(?0), as they might be amendefl from time to time, <br />or any additional or suc.cessor legislation or regulation that governs the same subject matter. As usefl in this <br />Security Instrument, "RESPA" refers to all requirements and restrictions that are impose�i 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 />(Q) "Successor aa ��terest of Borrower" mea�us any party that has taken title to the Property, whether or not <br />that party has assumed Bonower's oblig� under the Note and/or this Se�urity Instrument. <br />Transfer of Rights in the Property <br />This Security Instrument s�ures to Lender: (i) the repayment of the Loan, and all z�newals, extensions <br />and modifications of the Note; and (ii) the performance of Borrower's covenants and agre�ments under <br />this Se�urity Instrument and the Note. For this pur�se, Bonower irrevocably grants and conveys <br />to Trust�, in trust, with power of sale, the following described properry locaied in the <br />County ('lj�pe of Recording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdiction): <br />Lot Thirty-Six (36). Country Meadows Subdivision, in the City of Grand Is7and, <br />Hall County, Nebraska. <br />PercellD Number:400410419 <br />4121 Prairie Ridge Ln <br />Grarud isl and <br />("Pro�rI.Y Address"�: <br />which cunently has the add�ress of <br />(Street) <br />(City), Nebraska 68803 (7ap Corle) <br />TOGETHER WITH all the improvements now or hereafter ere�ted on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shaU also be <br />covered by this Security Instrument. All of the foregoing is referred to in ttus Security Instrument as the <br />�� � <br />NEBRASKA-Single Family-Fannie Mae/Freddia Mac UNIFORM INSTRUMENT <br />VMP � <br />Wol[ers Kluwer Finencial Servic� <br />Form 3028 1 /01 <br />VMP6(NE) (1105) <br />Page 3 of 17 <br />, , x <br />