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201206044 <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, die <br />Loan. <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and intcrestiander the <br />Note, plus (it) any amounts under Section 3 of [his Security Instrument. <br />(P) "RES PA" means the Real Estate SettloincruProcedi-Ires Act (12 U.S. C. Section 2601 etseq.) 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 i egulation 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 loan" even if the Loan does not qualify as a "federally related mortgage loan" <br />tinder RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that hag taken title to the Property, whether or not <br />(I party has assumed Borrower's obligations under the Note and/or this Security InstrUnlent, <br />Transfer of Rights in the Property <br />ThN Security instrument secures to Lender: (i) the repayment of the Loan, and all renewals, oxicitsions <br />and modifications of (lie Note; and (it) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and Conveys <br />to Trustee, in trust, with power of sale, the following described properly located in the <br />County (Type of Rwording Jurisdiction) <br />of HALL (Arame of RScording.lurisdiction): <br />LOT TWENTY-SEVEN (27), JEFFREY OAKS EIGHTH SUBDIVISION, IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />Parcel ID Number: 400398567 which currently has the address of <br />4151 Norsettan Ave (Street) <br />Grand Island (Cit.y), Nebraska 68803 (lip (lode) <br />(" Proper ty Address"): <br />TOGETHER WITH all the improvernents now or hereafter erected on the property, mid all casements, <br />appurtenances, and fixtures now or hereafter a part ofthe property. All replacements and additions shall also be <br />covered by this Security Instrutnent. All of the foregoing is referred to in this Security Instrument as the <br />"Property. <br />24001511 <br />NFSR�SKA-S Ingle Famlly-Fannle N1 ae/Feddle M ac UN I FORM IN STRUM ENT Form 3028 1101 <br />VM P q�) VMP6(NE)(110 E) <br />Wolhr� Klu� er FInanclal ServIces P.ge 3 of I <br />