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2 0120587� <br />(N) "Mortgage Insurance" means insurance protecting Lender against the no�ayment of, or default on, the <br />I.oan. <br />(0) "Periodic P�yment" 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 />IP) "RESPA" means the Real Estate 5ettlementProcedures Act (12 U.S.C. Section2601 et seq.) and its <br />implementing regula.tion, 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 requtirements and restrictions that aze im.posed in regard to a <br />"federally related mortgage loan" even if the Loan does not qualify as a"federally relaked mortgage loan" <br />under RESPA. <br />(O,) "Successor in Interest of Borrower" means any party that has taken tifle to the Property, whether or not <br />that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />Transfer of Rights in the Property <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (u) the gerFormance of Borrower's covena.nts and agreements under <br />this Security Instrument a.nd the Note. For this purpose, Borrower irrevocably grants and conveys , <br />to Trustee, in trust, with power of sale, the following described property located in the <br />COUN'!'Y (�ype ofRecording Jurisdiction) <br />of BALL (Name of Recording Jurisdiction): <br />T� EASTERLY FORTY FEET (EQO') OF LOT EIGSTY (80) AND T� <br />WESTERLY THIRTY FEET {W30') OF LOT EIGSTY-ONE (B1) IN WOLFE'S <br />StJBDIVISION, IN TI� CITY OF GRAND ISLADID, AALL COUNTY, NESRASRA. <br />TAX STATEMENTS SHOUZD BE SENT TO: WELLS FARGb $OME MORTGAGE, P.O. SOX 11758, <br />NEWARR, NJ 071014758 <br />Parcel ID IVumber: 400142325 which currently has the address of <br />544 JO�iSON DRIVE (Street) <br />GRAND ISLAND (City), Nebraska 68803 (Zip Code) <br />("Properiy 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 />covered by this Security Instrument. All of the foregoing is referred to in this 5ecurity Instrument as the <br />�proPeri3'. � <br />NEBRASKA-Singla Fam(Iy-Fannfe MaeJFreddte Mec UNIFORM INSTRUMENT ' Form 3028 1/01 <br />VMP � VMPB�NE) 111061.00 <br />Woltars Kluwer Pirrencfal Services Page 3 of 17 <br />