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�0�2a904� <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(0) "Periodic Payment" means the regularly sc�eduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Setrlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regt�lation X(24 C.F.R. Part 3500), as they might be amended from time to time, <br />or any additional or successor legislation or regulation that governs the same subj�t matter. As used in this <br />Security Instrument, "RESPA" refers to all requirements and restrictions tbat are impos� in regard to a <br />"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" <br />under RESPA. <br />(O.) "Successor in Interest of Borrower" means any party that has taken title to the Properry, whether or not <br />that party 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 (u) the performance of Borrower's covenants and agreements under <br />this Security Instn�ment and the Note. For this purpose, Borrower urev�ably grants and conveys <br />to Trustee, in trust, with power of sale, the following described property located in the <br />REGISTER DF DEEDS (Type of Recording JurisdicCion) <br />of HALL (Na�ne of Recording Jurisdiction): <br />LOT ONE (1� AAID THE NORTH EIGHT AND SEVENTY•FlVE HUNDREDTHS 18.75) FEET OF LOT THREE (31, IN BLOCK NINETEEN (19�, IN UNIVERSITY <br />PLACE, AN ADOITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />Parcel ID Number: which currently has the address of <br />2032 N SHERMAN BLVD (Street) <br />GRAND ISLAND (C'ity), Nebraska 688D3 (Zip Code) <br />("Properiy Address"): <br />TOGETT�R WITH all the improvements now or hereafter erected on the property, and all easeme�nts, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall aLso be <br />covered by this Security Instrument. All of the foregoing is referrefl to in this Security Instiniment as the <br />nT]_ <br />rl <br />NEBRASKA-Sinple Fempy-Fannie Mae/Fraddie Mae UNIFORM INSTRUMENT Form 3028 1/01 <br />VMP � VMPBfNEI 111061.00 <br />Wolters quwar Rnaneial Services Page 3 of 17 <br />