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2Q1205252 <br />(N) "Mortgage Insurahce" means insurance protecting 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 Security 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 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 are imposed in regard to a <br />"federally related mortgage Ioan" even if the Loan does not qualify as a"Federally related mortgage loan" <br />under RESPA. <br />(�1) "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 obIigations under the Noce and/or this Security Instrument. <br />Transfer of Rights in the Property <br />This Security Instnunent secures to I�ender: (i) the repayment of the Loan, and all renewals, extensions <br />and modif'ications of the Note; and {ii) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. Por this puipose, Borrower irrevocably grants and conveys <br />to Trustee, in trust, with power of sale, the following described property located in the <br />COIINTY (Type of Recording Jurisdiction) <br />of SALL (Name of Recording Jurisdiction); <br />Lot Eighty-seven (87), in Copper Creek Estates Subdivision in the City of Grand Island, Hall County, <br />Nebraska, according to the plat filed July 31, 2006, as Instrument # 200606776 <br />Parce) ID Number: which currently has the address of <br />4309 ASTER DRIVE (5treet) <br />GRAND ISLAND (City), Nebraska 68$03 (,�p ) <br />Code <br />("Property Address"): <br />TOGETHER WITH all the i�provements now or fiereafter erected on the property, and all easements, <br />appurtenances, and fixhires now or hereafter a part of the properly. All replacements and additions sha1I also be <br />covered by this Security Instrument, All of the foregoing is referred to in this Security Instrument as the <br />�� � <br />NE9RASKA-Si�le Femfly-Fannie Mae/Fraddia Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP 0 VMPBWEI (1708I.00 <br />Woltara Kluwar Financial Sarvicea Page 3 of 17 <br />