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201206070 <br />(N) "Mortgage Insurance" means insurance protecting Lender against thenoripayment 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 lostrunicut. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U- S. C. Section 2601 ct 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 succc�sor legislation or regulation that governs the same subject matter. As used in t1his <br />Security Instniment, "R-ESPA!' refer s to all requirements and restrictions that are imposed in regard to a <br />"federally related mortgage loan" even if the Loan does not quality as a "federally related mortgage loan" <br />under RESPA- <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not <br />that parry 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 (ii) the performance of Borrower's covenants and agreements under <br />this Security Tustrument and the Note- For this purpose, Borrower irrevocably grants and canveys <br />to Trustee, in trust, with power of sale, the following described property located in tile <br />County (Type ofR�cordlng Jurisdiction) <br />of HALL (Arame ot'Recording Jurisdiction): <br />LOT THIRTEEN (13), RAINBOW LAKE SUBDIVISION, HALL COUNTY, NEBRASKA <br />Parcel ID Number: 400214253 which curremlv has the address of <br />1903 Bass Rd (Street) <br />Grand Island (City), Nebraska 68801 (Zip Code) <br />("Property Address"): <br />TOGETHER WITH all the improvements now or hereafter erected oil the property, and all easements, <br />appurtenances, and fixtures now or hereafter apart 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 Security Instrument as the <br />"Prope,ty.11 <br />NEB�SKA-Gjngle Family-FannismaeTreddle Mae UNIFORM INSTRUMENT 24001528 <br />VMPO F.,. 3028 1101 <br />R�e�eV VHP6ANE)(1105) <br />ge 3 of 17 <br />