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�'012� 4 � � � <br />(N) "Mortgage Insurance" means insurance prot�ting 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 S�urity 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 rime to time, <br />or any addirional or successor legislation or regularion that governs the same subj�t 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 pazty that has taken title to the Property, whether or not <br />that party has assumed Bonower's obligations under the Note and/or this S�urity Instrument. <br />Transfer of Rights in the Property <br />This S�urity Insixument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modificarions of the Note; and (ri) the performance of Borrower's covenants and agreements under <br />this Security Insmiment and the Note. For this purpose, Borrower irrevocably grants and conveys <br />to Truste�, in trust, with power of sale, the following described property located in the <br />C o u n ty (Tj�pe of Recording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdiction): <br />Lot Seventeen (17). Block One (1). Summerfield Estates Seventh Subdivision, in <br />the City of Grand Island. Hall County. Nebraska. <br />Parcel ID Number:400438267 <br />1624 Summerfield Ave <br />Grand Island <br />("Property Address"): <br />which cuaently has the addr�s of <br />(Street) <br />(City), Nebraska 68803 (Zip Code) <br />TOGETHER WITH all the improvements now or hereafter er�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 Security InstTUment. All of the foregoing is referred to in this Security Instrument as the <br />"Property." <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP Q <br />Woltera Kluwer Flnancial Servic� <br />Fo� soza �roi <br />VMP6{NE) (110b) <br />Page 3 of 17 <br />. ` <br />, � �� , . �� : � ��. <br />