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201202409 <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(0) "Periodic Payment" means the regulazly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under S�tion 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 />implemaenting regulation, Regulation X(24 C.F.R. Part 3500), as they might be aznended from time to time, <br />or any additional or successor legislation or regularion that governs the same subject matter. As usefl in this <br />Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a <br />"federally related mortgage loan" even if the Loan does not qualify as a"federally relat� 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 5�urity Instrument. <br />Transfer of Rights in the Property <br />This Se�urity Instrument secures to Lender: (i) the repayment of the L.aan, and all renewals, extensions <br />and modifica.tions of the Note; and (u) the performance of Borrower's covenants and agr�ments under <br />this Security Instrument and the Note. For this pwpose, Bonower iri�evocably grants and conveys <br />to Trust�, in trust, with power of sale, the following described property located in the <br />County (Type of Recording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdiction): <br />Lot One Hundred Fifty-Two (152). Buenavista Subdivision, an Addition to the <br />City of Grand Island. Hall County, Nebraska. <br />Parcel ID Number:400028328 <br />404 Nebraska Ave <br />Grand Is1and <br />("Property Address"): <br />which cittrently has the addr�s of <br />(Street) <br />(City), Nebraska 68801 (Zip Code) <br />TOGE1'HER 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 />coverefl by this 5�urity Instrument. All of the foregoing is referred to in this 5ecurity Instrument as the <br />"Property." <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP Q <br />Wolters Kluwer Financtal Servlces <br />Fo.�, soza iroi <br />VMP8INE) (1105) <br />Page 3 of 17 <br />