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�o������� <br />(1� "Mortgage Insurance" means insurance protecting Lender against We nonpayment of, <br />or default on, the Loan. <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and <br />interest under the 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. §2601 et seq.) <br />and its implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be <br />amended from time to time, or any additional or successor legislation or regulation that governs <br />the same subJect matter. As used in this Security Instrument, "RESPA" refers to all <br />requireraents and restrictions that are imposed in regard to a"federally related mortgage loan" <br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken tide to We <br />Property, whether or not that party has assumed Bonower's obflgations under the Note and/or <br />this Security Instrument. <br />TRANSFER OF RIGHTS W THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewaLs, <br />extensions and modifications of We Note; and (ii) the performance of Bonower's covenants and <br />agreements under this Security Instrument and We Note. For this purpose, Borrower <br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described <br />property located in the COUNTY <br />[Type of Recording Jurisdiction] <br />of HALL • <br />[Name of Recording Jurisdiction] <br />LOT SIX (6), BLOCK SEVENTY SIX (76), WHEELER & BENNETT'S THIRD <br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />which currenfly has the address of 204 E 14TH ST <br />[StreetJ <br />GRAND ISLAND , Nebraska 68801 ("Property Address"): <br />(�5'�3'1 [Zip CodeJ <br />TOGETHER WTTH all the improvements now or hereafter erected on We property, and <br />all easements, appurtenances, and fixtures now or hereafter a part of the property. All <br />replacements and additions shall aLso be covered by this Security Instrument. All of the <br />foregoing is referred to in this Security Instrument as We "Property." <br />NEBRASRA — sm�e Famuy -- a�e �aadre+�ata�o �� vrm�oxM nvarxvn�rr ro�m sms v <br />GCC - G3028-03 (09/01) (Page 3 of 19) Initials: � <br />��� � <br />