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201406801 <br /> (N) "M ortgage 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(12 C.F.R. Part 1024), 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 /> (Q) "Successor in Interest of Borrower" means any party that has taken title to the Properly, whether or not <br /> that party has assumed Borrower's obligations under the Note andlor this Security Instrtiiment. <br /> Transfer of Rights in the Property <br /> This Security Instruinent secures to Lender: (i)the repayment of the Loan, and a11 renewals, extensions <br /> and modifications of the Note; and(ii)the performance of Borrower's covenants and agreements under <br /> this Security InshLunent 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 /> C o u 11 ty (Type of RecoYding Juriscliction) <br /> of H A L L (Nafne of Recording JuYisdiction}: <br /> Lot Nine (9) , Block Nine (9) in Sheridan Place, being a part of Block Ten (10} <br /> of Harrison's Subdivision of the Southwest Quarter of the Southeast Quarter <br /> (SW 1/4 SE 1/4} of Section Eight (8) , Township Eleven (11) North, Range Nine <br /> (9) , West of the 6th P.M. , Grand Island, Hall County, Nebraska <br /> Parcel ID Number:400091852 which currernly has the address of <br /> 1407 N Lafayette Ave (St�eet) <br /> Grand Isl and (City), Nebraska 68803 (Zip Code) <br /> ("Property Address"): <br /> TOGETHER WITH all the improvements now or hereafter erected on the property, and a11 easements, <br /> appurtenances, and fiYtures now or hereafter a part of the property. All replacements and additions shall also be <br /> covered by this Security Instrtunent. All of the foregoing is referred to in this Seeurity Instrument as the <br /> "Property." <br /> 24007293 <br /> NEBR4SKA-Single Fam ily-Fannie M ae/Freddie M ac UNIFORM INSTRUM ENT Form 3028 1/01 <br /> VM P QQ VM P6(NE)(1302) <br /> W olters Kluw er Financial Services Page 3 of 17 <br />