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201202��� <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />I..oan. <br />(0) "Periodic Payment" means the regulazly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, <br />or any addirional or successor legislation or regulation that governs the same subj�t matter. As used in this <br />Security Insmunent, "RESPA" refers to all requirements and restrictions that are imposed in regazd to a <br />"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" <br />under RFSPA. <br />(Q1 "Successor in Interest of Borrower" means any parly that has taken title to the Property, whether or not <br />that party has assumed Borrower's obligarions under the Note andlor this Security Instrument. <br />Transfer of Rights in the Property <br />This Security Instrument secures to I,ender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (n) the performance of Borrower's covenants and agreements under <br />this Security Instivment and the Note. For this purpose, Borrower inevocably grants and conveys <br />to Trustee, in trust, with power of sale, the following described property located in the <br />C o u n t y (Type of Recording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdiction): <br />Lot Five (5). R& B Subdivision, in the City of Grand Island, Hall County, <br />Nebraska. <br />Parcel ID Number:400159864 <br />4048 Lambchop Ln <br />Grand Island <br />("Property Address"): <br />which cturernly has the address of <br />(Stree.t) <br />(City), Nebraska 68803 (Zip Code) <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 shall also be <br />covered by this Se.curiry Insmiment. All of the foregoing is referred to in this S�urity Instrument as the <br />«�, � <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financiel Servicas <br />Fa� soza �ro� <br />VMPB(NE) (7105) <br />Page 3 of 77 <br />. ` ? <br />