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20120476� <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 aznount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />iP) "RESPA" means the Real Esta.te 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 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 aze 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 />iQ) "Successor in Interest of Borrower" means any party that has taken tifle to the Property, whether or not <br />that parry has assumed Borrower's obligations under the Note andlor this S�urity Instrument. <br />Transfer of Rights in the Property <br />This Security Instrument s�ures 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 agr�ments under <br />this Security Instrument and the Note. For this purpose, Borrower inevocably grants and conveys <br />to Trustee, in trust, with power of sale, the following describerl property located in the <br />County (Type of Recording Jurisdidion) <br />of H a 11 (Name of Recording Jurisdidion): <br />Lot Ten (10), Block Three (3), Pleasant View Addition to the City of Grand <br />Island, Hall County, Nebraska. <br />Parcel ID Number:400079178 <br />715 Joehnck Rd <br />Grand Island <br />("Property Address"): <br />which cunently has the address of <br />(Street) <br />(City), 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 addirions shall also be <br />covered by this Security Instrument. All of the foregoing is refened to in this Security Instrument as the <br />"Properly. " <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Servtces <br />Fom, aoza �roi <br />VMPB(NE) (1105) <br />Page 3 of 17 <br />.i ' ; <br />. . . .,r '�� , . <br />