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201210888 (N) "Mortgage InSuranCe" means insurance protecting Lender agaiast the nonpaymznt of, or default on, the Loan. (0) "PeriOdiC PdymenY' means the regulazly scheduled amount due for(i)principal and interest under the Note, plus(ii) any axnounts under Section 3 of this Securiiy Instrument. (P) "RESPA" means the Real Estate Settlemeut Procedures Act(12 U.SC. Section 2601 et seq.)and its implementing regulation, Rea lation X(24 C.F.R Part 3500), as they might be amended from time to time, or any addirional or successor legislation or reeulation that govems the same subject matter. As used in this Security Instrument, "RESPA" refexs to all requireinents and restrietions that az'e imposed in regard to a "federally related mortgane loan" even if the Loan does not qualify as a"federally related mortgage loan' under RESPA. (Q) "Successor in Interest of Borrower' means any party that has taken ritle to rhe Property, whether or nat that party has assumed Borrower's obligations under the Note and/or this Security Tnstriunent. Transfer of Rights in 4he Property This Security Instrument secures to Lender. (i)the repayiveut of the Loan, and all renewals, extensions and modifications of the Note; and(u) the performance of Borrower's covenants and agreements under this Security Instnunent and the Note.. For tl�is purpose, Borrower urevocably grants and conveys to Tmstee, in trust, with power of sale, th�following de9crib0d properry locaYed in the C o u n ty (Type of Recording Jurisdicfion) of HALL (NameofRecordingJurisdiction): LOT 1, BLOCK 1, PONDEROSA LAKE ESTATES FOURTH SUBDIVISION. CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA Parcel ID Number:400384256 which currentiv has the address of 218 Ponderosa Dr (Street) Grand Island (Ciry), Nebraska68803 (ZipCode) ("Properiy Elddtess"): TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and addirions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instnunent as the "Property.." zaaosaas NESRHSKA-Single Family-Fznnis MaNFreddie Mac fIMFORh1 INSTRUWENT Form 3028 t101 VM P� VM P6(NE)(1105) Wolters Kluw er Fnanoial Services Pa5e 3 oi'I]