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2012U2242 <br />(N) "M ortgage 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 Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlernent 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 rnight be amended from time to time, <br />or any additional or successor legislation or regulation that governs the same subject matter. As used in this <br />Security Instrument, "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 RESPA. <br />(Q) "SuCCessor in Interest of Borrower" means any party that has taken title to the Property, whether or not <br />that party has assumed Borrower' s obligations under the Note and/or this Security Instrument. <br />Transfer of Rights in the Property <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under <br />this Security Instruxnent and the Note. For this purpose, Bonower irrevocably grants and conveys <br />to Trustee, in trust, with power of sale, the following described properiy located in the <br />C o U n ty (Type of Recor^ding Jurisdiction) <br />of H A L L (Name of Recording Jurisdiction): <br />LOT FOUR (4), BLOCK THIRTEEN (13). LAMBERT'S ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY. NEBRASKA. <br />Parcel ID Number: 400058715 <br />1405 E 6th St <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />(Street) <br />(Ciry), Nebraska 68801 (Zip Code) <br />TOGETHER WITH all the improvements now or hereafter erected 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 Security Instrument. All of the foregoing is referred to in this Security Instrulnent as the <br />"Property." <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VM P p <br />Wotters Kluwer Financial Services <br />24000678 <br />Form 3028 1/01 <br />VMP6(N� (1105) <br />Page 3 of 17 <br />