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20120497� <br />(N) <br />(0) <br />"Mortgage Insurance" means insurance rotectin Le�'der a ainst the non a ent of, or default on, the <br />P g S P Ym <br />Loan ' <br />"Periodic Payment" means the regulazly scheduled am l unt due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Sec�ty 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 500), as they might be amended from time to time, <br />or any additional or successor legislation or regulation t governs the same subject matter. As used in this <br />Security Insmiment, "RESPA" refers to all requirements land restrictions that aze imposed in regazd to a <br />"federally related mortgage loan" even if the Loan does �et qualify as a"federally related mortgage loan" <br />under RESPA. I <br />(a) "Successor in Interest of Borrower" means any partX that has taken title to the Property, whether or not <br />that party has assumed Bonower's obligations under the �Tote and/or this Security Instrument. <br />Transfer of Rights in the Property I <br />This Security Instrument secures to Lender: (i) the repayment bf the Loan, and all renewals, extensions <br />and modificarions of the Note; and (u) the performance of Bor�rower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Borrojwer irrevocably grants and conveys <br />to Trustee, in trust, with power of sale, the following describe�d property located in the <br />C o u n t y ' (T ype of Recording Jurisdiction) <br />of H a 11 ' (Name of Recording Jurisdiction): <br />Lot Five (5), having a lake frontage of 88 feet; situated on the East side of <br />the West portion of Kuester Lake, and bein a part of the East Half of the <br />Southwest Quarter (E1/2 SW1/4) of Section l�hirteen (13), Township Eleven (11) <br />North, Range (9) in Hall County, Nebraska.i <br />Parcel ID Number:400482037 <br />60 Kuester Lk <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />(Street) <br />(City), Nebraska 68801 (Zip Code) <br />TOGETHER WITH all the improvements now or hereafter er�cted on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part of the pro�erty. All replacements and additions shall also be <br />covered by this Security Instrument. All of the foregoing is re�erred to in this Security Instrument as the <br />��, „ <br />NEBRASKA-Single Femily-Fannie Mae/Freddie Mec UNIFORM INSTRUMENT <br />VMP � <br />Woltera Kluwer Finencial Servicea <br />Form 3028 1/01 <br />VMPB(NEI (17061 <br />Page 3 of 77 <br />i <br />., � . b .�, h 7 . , � <br />