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201201859 <br /> (N) "M ortgage InsuranCe" means insurance protectina Lender against the nonpayment of, or default on, the <br /> Loan. <br /> (0) "Periodic Payment" means the regulazly scheduled ainount due for(i)principal and intcrest under the <br /> Note, plus (ii)anp unounts Lmder Section 3 0£this Seciaity Insh-mnent. <br /> (P) "RESPA" meaus the Real Estate 3ettlement Proeedures Act(12 U.S.C. Sectipn 2601 et seq.) and its <br /> Implementing regula�aon, Regulation X(24 C.F.R. Part 3500), aS they might be amended from time to fvne, <br /> or any additionai or;uccessor legislation ar regulation that govems the same subject matter. As used in this <br /> Securily Instrument, "RESPA" refcrs to all reguirea�ents and restricflons fliat are imposed in regazd to a <br /> °federally re]ated mortgage loan" even if the Loan.does not qualify as a°federally related mortgage loan" <br /> under RESVA. <br /> (Q) "SuCCessor in Interest of Borrow er" n,eans any party that has taken 6fle m the Property, whether ox not <br /> that parry has assuxned Borrower's obligations under the Note and/or this Security Instriunent. <br /> Transfer of Rights in the Proper4y <br /> This Security Instrument secures to Lender: (i) the reyayment of Yhe Loan, and all renewals, exteavsions <br /> and modifications of the Note; and(ii)tlie performance of Borrower's covenants and agreements under <br /> this Security Instrument and the Note. For this purpose, Borrower irrevocably gants and conveys <br /> to Trustee, in tmst, wifli power of sale, the following described property lc�cated in the <br /> C a u n ty (Type of Recording.lurisdiction) <br /> of HALL (NameofRecorcZingJuriscliction): <br /> LOT TWO (2) . BLOCK TWO (2) , COLONIAL ESTATES SUBDIVISION, IN THE CITY OF GRAND <br /> ISLAND, HALL COUNTY, NEBRASKA <br /> Parcel ID Number.400035766 which currenfly has thc address of <br /> 1034 N Hancock Ave (Sireet) <br /> Grand Island (Ciry), Ncbraska68803 (ZipCode) <br /> ("Property Addtess")- <br /> TOGETI�R�ITH all the improvements now ar hereatter erected on the property, and all easements, <br /> appurtenances, and fist�es now ar herea$er a pazt of the pxoperty. 911 replacements and addifions shall also be <br /> cov�'ed b5�tlus Security Instrwnent. A11 of the foregoing is referred to in this Security Instnunent as the <br /> "Praperty_" <br /> zaaoassn <br /> NEB2ISKA-Sing:e ramily-Fannia ldaelFredtlie Mlac UNIFOfUA INSTRUA9 EIJT Form 3028 i ICt <br /> VM P�a VM P6(NE)(1105) <br /> W oltsrs Kluw et Fnanciai Servi:es Page 3 af�� <br />