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201210454 (N) "M ortg�ge Insurance" means insuranoe protecting Lender againsY YAe nonpayment of, or defnult on, Che Loau. (0) "Periodic Payment" means thc rogLilar1y scl�eduled amoLurt due for (i)principal and ii�terest under the Note, plus (ii) eny amonnfs under Section 3 oP t�is Seciu�'tty Instrumcnt. (P) "RESPA" me�ns the I�eal Lstate SecClemenl Prooechu-ea Aet(12 U.S.C. Section 2601 et seq.) uicl its implementuig��egulation, Regulation X(24 C.F.R. Pwt 3500), as they n�ight be arnended from Liine to timc, or aa�y additi�nal or successm 1egislatiou or reg�ilation that governs flie sanie suUjecY inatter. As used in tlus Security Ins�rm�irn�h, "RE?SPA" refers w all require�nents ancl resl�'ictinns that are imposed in regard to a "Pedernlly relnted moxfgage loan" even iF the Loan cioes not qualify aa a "fedc;rally rclat�i mortgage loan" wider RESPA. (Q) "SuCCessor in InteYest of BorrOW er" ineans flny�arty that has Yaken title to the Property, whether or not tl�aY pvty has avsnmed I3orrowe�'s obligations uiider tl�e Note�nd/or this Security InstrumanY. Transfer of Rights in the Property This Security Instrwnent secures Co I,ender: (i) the repayment of Uie Loan, and all renewals, extensions and modificatione oF th�Noto; and(ii) thc psrfonnancc of Borrowci°e covenants and agreemeirts tmder this Security Iaetrument and [he Note. Por this ptixpose, Borrower urevocably grants and cotiveys to Trustee, in traat, wieh power of sflle, the following cleaoribed properry located in the C o u 11 tiy (Type of Recarding Jesrisdictian) of H A L L (Name af Reeorc�ing�durisdictton): Lot Twenty-two (22) , Blocl< One (1) , Summerfielcl Esta'tes Seventh Subdivision, in the C9ty of Grand Island, Hall County, Nebraslca Parcel ID Number: 400438313 which currently has the address of 38�24 Sparrow� Cir (Street.) Grand Island (City), Nebr�aka 68803 (ZipCode) ("Proporry Address"): I'OGH'fHP,R W L"CH a11 the improveme��ts now oc hereaftier erectied on the property, nnd nll easemenfs, ry�piirtcnances, anci fixturas now or]�crcaftcr a part of fhe property. All replacementis and additios�s shall also be eovered by this Security SneCrmi�enti. All of[he foregoing is refecrcd to in thia Secutity lnstrmnent as tl�e ��Properfy �� — .._.."—"'�"�—' 240029flfi NG�f3ASKA-Slnpla Familyfannie h1aWFredtlie Mac 11NIFORh1 MSTRUb7E9T Porm 3020 1/01 VM P(y VM P6�NE)(1106) Wolters Kluwer Flnenclal SeYvices Page 3 ot 7]