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20120216G (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Secrion 2601 et seq.) and its implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RFSPA" refers to all requirements and restrictions that aze imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (a) "Successor in Interest of Borrower" means any party that has taken ritle to the Property, whether or not that pazty has assumed Bonower's obligations under the Note andlor this Security Instrument. Transfer of Rights in the Property This Security Instrument s�ures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this S�urity Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys to Trustee, in nvst, with power of sale, the following described property located in the County (Type of Recording Jurisdiction) of H a 11 (Name of Recording Jurisdiction): Lots Two (2) and Four (4), in Block Eight (8), in Scarff's Addition to West Lawn, an Addition to the City of Grand Island, Hall County, Nebraska. Parcel ID 111umber:400087510 2025 N Lafayette Ave Grand Island ("Properly Address"): which cuirently has the addr�ss of (Stred) (City), Nebraska 68803 (Zip Code) TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is refened to in this Security Instrument as the "Property." NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP Q Wolters Kluwer Financial Services Form 3028 1/01 VMPBINE) (1105) Page 3 of 17