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, � ;: s, , ; . � O �. �U � 029 (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (0) "Periodic Payment" means the regularly scheduled amount due for(i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (P) "RESPA" means the Real Estate Settlement Procedures Act(12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X(12 C:F.R. Part 1024), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (a) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrowet's obligations under the Note and/or this Security Instrument. Transfer of Rights in the Property This Securiry Instrument secures to Lender: (i)the repayment of the Loan, and all renewals, extensions and modifications of the Note; and(ii)the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the (Type of Recording Jurisdiction) of (Name of Recording Jurisdiction): THE NORTH FIFTY(50►FEET OF TNE SOUTH ONE HUNDRED 1100)FEET OF LOT TWENTY FIVE(25�,OF THE COUNTY SUBDIVISION OF PART OF THE WEST HALF OF THE SOUTHWEST QUARTER(W112SW114)OF SECTION TEN(10�,TOWNSHIP ELEVEN(111 NORTH RANGE NINE(9)WEST OF THE 6TH PM,IN HALL COUNTY,NEBRASKA Parcel ID Number: which currently has the address of 918 N CHERRY STREET (Street) GRAND ISLAND (City), Nebraska 68801 (Zip Code) ("Property Address"): TOGETHER WITH all the improvements now or hereafter erected on the property, and a11 easements, appurtenances, and fixtures now or hereafter a part of the property. A!l replacements and additions sha11 also be covered by this Securiry Instrument. All of the foregoing is referred to in this Securiry Instrument as the "PropeRy." NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM STRU � � � Form 3028 1/01 V�P� � ° � � '� � VMP6WE)(1302).00� Wolters Kluwer Financial Services . Page 3�of 17