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201406486 <br /> (N) "M ortgage Insut'ance" means insurance protectiilg Lender �gainst the nonpayment of, or default on, the <br /> Loaii. <br /> (0) '"Periodic Payment" ineans 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 Settleinent Procedures Act(12 IJ.S.C. Section 2601 et seq.) and its <br /> implernenting regulation, Regulation X(12 C,F.R. Part 1024), as they inight be�inended from time to time, <br /> or any addiCional or suocessoz legislation ar regulation that governs the same subject inattei•. As usecl in this <br /> Security Instrument, °RESPA" reFers to all requireinents and resh•ictions that are imposed in regard to a <br /> "federally related moi:tgage loan" even if the Loan does not qualify as a"fedei•ally related mortgage loan" <br /> under RESPA. <br /> (Q) "Suecessor in Interest of Borrower" lneans any party that has talcen title to the Property, whether or not <br /> that party has assuined Borrower's obZigations under the Note and/or this Securit�Instruinent. <br /> Transfer of Rights in the Property <br /> This Security Instrument secures to Lender: (i)the repayment of the Loan, and a11 i•enewals, extensions <br /> and inodifications of the Note; and(ii) the perforinance of Borrower's covenants and agreements uncier <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 followii�g described property located in the <br /> C 0 U Yt t y (Type of Recor^cling.Ii�i^isrliction} <br /> of H A L L (N�tme of Recording Jticriscliction): <br /> LOT TWO (2) , EBERL SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br /> N EB RAS KA <br /> Parcel ID Number; 400210576 whicli currently has the address of <br /> 2981 St Paul Rd (Street) <br /> GRAND ISLAND (City), Nebraska 68801 (Zap Co�le) <br /> {"Property Address"): , <br /> TOG�TI�ER WITH all tlle improveinents now or hereafter erecled on the property, and all easements, <br /> appurtenances, and Cixtures now or hereafter a p�rt of the property. All replacements and additions shall also be <br /> covered by this Security Instrurnent. All of the foregoing is t•eferred to in tliis Security Iiistrument as the <br /> "Property," <br /> 24007178 <br /> NEBRASKA-SingleFamily-FannieMaelFreddieMacUNIFORM INSTRUMENT Form30281/01 <br /> VM P O VM P6(NE)(1302) <br /> Wolters Kluwer Financial Services Pac�e 3 of 17 <br />