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�01208662 (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (0) "Periodic Payment" means the regulazly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Secrion 2601 et seq.) and its implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regularion that governs the same subject matter. As used in this Security Insm�ment, "RESPA" refers to all requirements and restrictions that aze imposed in regazd to a "federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (a) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Bonower's obligations under the Note and/or this Security Instrument. Transfer of Rights in the Property This Security Instnunent secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the C o u n t y (T ype of Recording Jurisdiction) of H a 11 (Name of Recording Jurisdiction): Part of Lot One (1), in Block Two (2), in Axt and Hagge's Addition to the City of Grand Island, Hall County, Nebraska, more particularly described as follows, to-wit: Commencing at the southeast corner of said lot, and running thence north along and upon the east boundary line of said lot for a distance of 43.5 feet, running thence in a westerly direction to a point on the west boundary line of said lot, which point is 41.5 feet north of the southwest corner of said lot, running thence south on the west boundary line of said lot a distance of 41.5 feet, to the southwest corner of said lot, running thence east on the south boundary line of said lot for a distance of 65 feet to the place of beginning. Parcel ID Number:400013258 212 S Kimball St Grand Island ("Property Address"): which currently has the address of (Street) (City), Nebraska 68801 (Zip Code) TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the properiy. All replacements and additions shall also be covered by this Se,curity Instrument. All of the foregoing is refened to in this Security Instrument as the "Property." NEBRASKA-Single Family-Fannie Mae/Freddie Mec UNIFORM INSTRUMENT VMP � Wolters Kluwer Finandel Servicea Form 3028 1/01 VMPB(NE) (1705) Pege 3 of 17