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201207691 <br /> (N) "Mortgage fnsurance" menn.r insuranc;e protecting i,ender againsY tilis nonpaylnent of, ot deftuilt oit, the <br /> I,oan. <br /> (0) "Periodic Payment" me�na the regularly schedt�led zu��ount diin for(i)ptiucipal and inCerest under the <br /> Noto, plus (ii)any atnounts imder Seotion 3 0£this Security Instrnxnent. <br /> (Pj "RESf'A" ineans the Real Estate SeYklement Pcocedures Aot(1� U.S.C. Section 2C�01 et seq.) and its <br /> implomcnting rega1akion, Re�alation X(24 C.F.R. Part 3500), as they mighC be�mended from time to t�ime, <br /> or nny adciitional or succ��ssor lebrislntion or regula�tion that gove,�'ns tlie szme subject matter. As uaed in this <br /> Secuxity H�atrumenC, "RL+SPA° refcrs to a11 reqnirements and restriclions tliat aze imposeci in regerd to a <br /> °federally relaked nlortgage loau" even if Ehe Loan does not c�nalii'y as a"federally related mortgage lom�i" <br /> �mdcr RFSPA. <br /> (Q) "5uccessor in InYerest of Borrower" means any paz•ty that has t�Icen title �o the Property, wUether or not <br /> lhat�p�rfy has asruuicd Bon owe r's obligations under the NoTe azid/or this Secarity InsCrimtent. <br /> Transfer of Rights in the Pronerty <br /> Tlus See�Lu�iLy Instrumcntt secures to I.ender: (i)the repayinent of Uie Lotui, and n11 renewals, extensions <br /> and modiFicakione of the Note; and (ii) the performancc of Borrower's covenaiits and agreemeuts undar <br /> this Sectu'ity Inetrument and the Note. Fox this purpose, Bonower irrovocably grante and convey,s <br /> to Tiustee, in trust, with powec of sale, the followiug eles¢ribed property located in Chc� <br /> C�o u n'ty (Type of Recovdt�g Jurdsdtctir3n) <br /> oP HA L L (NarrAe of'Recording Jurisdtetiors): <br /> LOT SIX (6) . BLOCK ONE (1) , PONDEROSA LAKE ESTATES TFIIRD SU[3DIVISSON, GRAND <br /> ISLAND, HALL COUNTY , NEBRASI<A <br /> PdPCeI ID Number: 400364751 whicU currently hKs the e�dd�ess of <br /> 144 PONDEROSA DR (.Street) <br /> Grand rs� and (Crry), Nebraslc�� 688D3 (ZipCode) <br /> (°Proper6y Addr�,sa"): <br /> TOG�'THLR WI"CH all thc 'rmprovotncnts now or hereafter erected on t6e property, aud a11 easemanPs, <br /> appurtenances, aud fixtures now or hereafler apatC aP ffie property. All repllcemcitt�and additions sh�ll also be <br /> oovered Uy t�l�is Seourity I�stn�unenti. All of Yha foregoing is referred to in this Security InsLrurnent as the <br /> ��Prope;rCy..�� <br /> --- ---zaoot�sa <br /> NEBRASKA-Single Famfry-Fennie M ae7Fredtlie Mac ONIPoRM IN6TRUM11 f_NT Form 3028 1/07 <br /> vroiP� vr,i Pa�Ne�,���os� <br /> Walters Kluwer Flnanclel Servloes Peqe 3 of V <br />