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201201199 (N) "Mortgage Insurance" nieans insuranqe protectiug Lender agains[[he nonpay�ueiit of, or default on, Yhe Loan. (0) "Periodic PaymenY" means the regularly sclieduled amouilt due for (i)principal aud in[erest under tlie Notc, plus (ii) any amounts under SecYion 3 of tl�is ,Security Instruincnt. (P) "RESPA" means thc Rcal hsCaCe SetdemenC Prpcedures Act (12 U.S.C. Sectio�2601 eC seq.) and ite in�plcmonting regulation, Regulation X (24 C,P.R. Part 3500), as they mighC be amended fre�tn time to tiine, or any additional or successor legislation or eegulation that govcrns Cfie same subject matter. As used in this Security I��strument, "RESPA" refers to all requirements and restrictions thlt are imposed in re�ard to a "federally relfited nzortgagc loan" even if the Loan does not qu2lify as a "federally rclaCed mortgage loan" under RESPA, (Q) "Successor in InteresY of Borrower" means any party tliak has taken title to the Property, wlie[her or nol that party has assumed Borrower's obligations under thc Noce and/or this Secw iCy Insh�ument. Transfer of Rights in the Property This Securiry bist��umenC secures to Lender; (i) the repayment of the Loan, and all renewals, exCensions and inodifications of Ihc Note; and (ii) the performane�of Boxrower's covenants and agreements under this Security InstrumenY.anc7 th� Note. Por This purpose, Borrower irrevocabl,y grants and conveys to 'frustee, in Crust, witli power of sale, the t'ollowin�;described property Iocated in the C o u n C y (Type of Xecorctif2g JurisdictionJ of HALL (Narr�eo�RecordiiagJul°isddcriora): LOT ONE (1) AND THE NORTHERLY SIXTY (6D) FEET OF LOT TWO (2T IN BLOCK TW0 (2) , IN FARMINGTON SECOND SUBDIVISION , GRAND ISLAND, HALL COUNTY, NEBRASI<A, Parcel ID Number: 400130459 whicEi eurrently lias the address of 1609 SRRING R� (Street� GRAND ISLAND (Ciry), Nebraslca 6880�1 (%if� Code) ("Praperty Address"): TOG�THER WITH all the improvemcnCs now or hereaPter erected on tlie property, and all eaeements, appurtenaiices, and fixtures now or hereafter a part of the propexty. All replacemen[s and acldirions sliall also be cover�d by Chis Security InstrumenY. All of fhe foregoing is rePcrred Co in this SecuriYy Instivmeiit as Uie "1'raperfy,„ -- --._. . .. zn0002ai NFRRASKA-Sinqle Famlly-fannie MaelFredJin Mac UNIFORM INSI'HUMENT Form�028 V01 VMP� VMPfiMF)11105� Woltera Kluwer PI»enolal 3ervlces P�3o 3 of 1'!