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201209534 <br /> (N) "M ortgage Insurance" ineans insurance protecting Lender against the nonpayment of, or default on; the <br /> Loan. <br /> (0) "Periodic Payment" means the regulazly schcduled amount due for(i)principal and interest under the <br /> Note, plus(ii)any amounts under Section 3 of this Security Instnunent. <br /> (P) "RESPA" means the Real Estate Settlement Procedures Act(12 U.S C. Section 2601 et seq.} and its <br /> implementing rea lation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to tnne, <br /> or any additional or successor Ica slation or regularion that govems the same subjeet matter. As used in this <br /> Secm-ity InsYrument, "RE'�SFA" refers to all requirements and restrictions that ase imposed in regazd to a <br /> "federally relateci anorteage ioan" even if the I,oan does not qualify as a°federally related mortgage loan" <br /> under RESPA. <br /> (Q) "Successor in fnterest of 6orrower" means any party that has taken fltle to the Properry, whether or not <br /> that party has assumed Borrower's oUligations under the Note and/or this Security Instrument. <br /> Transfer of Rights in the Property <br /> This Securiry Instnnnent secures to Lender. (i) the repayment of the Loan, and all renewals, extensions <br /> and modifications of the Note; and(ii) the performance of Borrower s covenants and agreements under <br /> this Security Instrument and the Note. For this purpose, Borrower irrevocably granis and conveys <br /> to Trustee, in trust, with power of sale, the following desCribed property located in Ute <br /> County (Tvpe ofhecordingTurisdzction) <br /> of HALL <br /> (Name of�RecordingJurisdiction): <br /> LOT TWENTY FIVE (25) , SADDLE CLUB SUBDIVISION, HALL COUNTY, NEBRASKA <br /> Parcel ID Number: 4D0215144 �vhich currcntly has the address of <br /> 3615 BRONCO RD (Sn-eet) <br /> Grand Island (Ciry), Nebraska 68801 (ZipCocZe) <br /> {"Properiy Addcess"): <br /> TOGETHER�UITH all the improvements now or hereafrer ereeted on the properry, and a11 easement,, <br /> appur[enances, aad fixtures now or nereafter a part of the property. All repiacements and addirions sliail also be <br /> covered by this Security Instrument. All of the foregoing is referreci to in this Security Instrument as the <br /> �,pi�em, �� <br /> 240C2?40 <br /> NE3RASXA-Single Family-Fznnie A1ae/Fretldie M1I zc UN!FOfUvI Il�STRUM ENT Fotq�3028 tl�i <br /> VM P y VM P6(NE)(1 t OS) <br /> lNolters Klmver Fnancial5srvices Page 3 of 1] <br />