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�0�2�93s� <br />(N) "Mortgage Insurance" means insur�nce protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(0) "Periodic Payment" means the regulazly scheduled 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 Setxlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, <br />or any additional or succ�sor legislation or regulation that governs the same subject matter. As used in this <br />Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed 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 />(0.) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not <br />that party has assumed Borrower's obligations under the Note and/or this Security Insttvment. <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 (ri) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys <br />to Trustee, in trust, with power of sale, the following described property located in the <br />REGISTER OF DEEDS (Type of Recording Jurisdiction) <br />of HALL (Name of Recording Jurisdiction): <br />LOT ONE 11► AND THE NORTH EIGHT ANO SEVENTY•FlVE HUNDREDTHS (8.75) FEET OF LOT THREE (3), IN BLOCK NINETEEN (181, IN UNIVERSITY <br />PLACE, AN ADDITION 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 (City), Nebraska 68803 (Zip Code) <br />("Property Address"): <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <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 referred to in this Security Instrument as the <br />n� n <br />NEBRASKA-Singie Family-Fannie Mae/Freddie Mae UNIFORM INSTRUMENT <br />VMP � <br />Wohers Kluwer Flnancial Sarvices <br />Form 3028 1l07 <br />VMP81NE1 1110b1.00 <br />Paga 3 of 17 <br />" f <br />