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20�205470 <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(0) "Periodic Payment" means the regulazly scheduled amount due for (i) principal and interest under the <br />Note, plus (ri) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Secdon 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 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 />((1) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not <br />that pariy has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />Transfer of Rights in the Property <br />This S�urity Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (n) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys <br />to Trustee, in trust, with power of sale, the following described property located in the <br />REGISTER OF DEEDS (Type of Recording Jurisdiction) <br />of HALL COUNTY (Name of Recording Jurisdicrion): <br />LOT TEN (10�, BLOCK SIX �6�, DALE ROUSH SECONO SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />Parcel ID Number: which currently has the address of <br />401 COMMANCHE AVE (Street) <br />� GRAND ISLAND (City), Nebraska 68803 (Zip Code) <br />Q"Property Address"): <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 additions shall also be <br />eovered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the <br />u n <br />PI'0�11y. <br />NEBRASKA-Single Femily-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Fmm 3028 1/07 <br />VMP � VMP61NE) 111061.� <br />Wolters Kluwer Flnancial Servicas Page 3 of 17 <br />