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20120338� (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (0) "Periodic Payment" means the regulazly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under S�rion 3 of this Security Instrument. (P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 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 Instn�ment, "RFSPA" refers to all requirements and restrictions that are impose� in regard to a "federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Bonower's obligations under the Note and/or this S�urity Instn�ment. Transfer of Rights in the Property This Security Instrument secures 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 Se�urity Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in tnist, with power of sale, the following described property locatefl in the C o u n ty (7ype of Recording Jurisdiction) of H a 11 (Name of Recording Jurisdiction): The East Twelve and Fifty Seven Hundredths (12.57) feet of Lot Twelve (12) and the West Fifty Eight and Eighty Six Hundredths (58.86) feet of Lot Eleven (11), West Spelts-Schultz Addition to the City of Grand Island. Hall County, Nebraska. ParcellD Number:400119048 2712 W Stolley Park Rd Grand Island ("Properly Address"): which currently has the address of (Stred) (City), Nebraska 68801 (Zip Code) TOGETHER WITH all the improvements now or hereafter erected on the properiy, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this S�uriry Instrument. All of the foregoing is refened to in this Security Instrument as the „�,�P�m, „ NEBRASKA-Single Famfly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP � Wolters Kluwer Financial Services Fo� so2s �ro� VMP6INE) (1105) Page 3 of 17 u ° ' � ,.�►, '. ! " 4 , °i ,f�