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201301398 <br /> (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br /> Loan. <br /> (0) "Periodic Payment" means the regularly 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 Settlement 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 successor 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 Borrowers obligations under the Note and/or 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, extensions <br /> and modifications of the Note; and(ii)the perfbrtnance 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 /> County (T}pe of Recording Jurisdiction) <br /> of HALL (Name of Recording Jurisdiction): <br /> LOT THREE (3) , BLOCK TWO (2) , WOODLAND PARK FIRST SUBDIVISION, IN THE CITY OF <br /> GRAND ISLAND, HALL COUNTY, NEBRASKA <br /> Parcel ID Number: 400423766 which currently has the address of <br /> 4179 New Mexico Ave (Street) <br /> Grand Isl and (009. 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 /> "Property." <br /> 24003672 <br /> NEBRASKA-Single Family-Fannie MaeiFreddie Mac UNIFORM INSTRUMENT Form 5028 1/01 <br /> VM P I vM P6(NE)(110') <br /> Wolters Kluwer Finannel Services Page"-k cr 17 <br />