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�Q�2�935� <br />(1V) "Mortgage Insurance" means insurance protecting Lender against the 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 We 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 />requirements and restrictions that are imposed in regard to a"federally related moctgage loan" <br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. <br />(Q) "Sucxessor in Interest of Borrower" means any party that has taken tifle to the <br />Property, whether or not that party has assumed Borrower's obligations under the Note and/or <br />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, <br />extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and <br />agreements under this Security Instrument and the 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 Juriadiction] <br />of HALL . <br />[Name of Recording Jurisdiction] <br />LOT TEN (10), IN BLOCK SEVEN (7), IN WEST PARK ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />which currendy has the address of 1103 N SHERMAN AVE <br />[StreetJ <br />GRAND ISLAND , Nebraska 68803 ("Properly Address"): <br />[CiryJ [Zip Code) <br />TOGETHER WITH all the improvements now or hereafter erected on the properly, 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 the "Property." <br />NEBRA$KA — Stngle Family -- Famia Mae/Fraddia Mea UfRFORM INSTRiJMENf Form 3028 ll01 <br />GCC - G3028-03 (09/01) (Page 3 of 19) Initials: �� <br />