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2� 15�77�5 <br /> tN} "Mortgage �nsurance" means insuranc�pra�ecting Lend�r agains�the nonpa�ment af, or defau��an, �he <br /> Loan. <br /> ��� "Per�odic Payment" means the reguiarly scheduled am�unt due for(i} princ�pal and�n�eres�und�r th.e <br /> No�e, plus �ii� any amoun�s under Section 3 of�his Secur�ty Instrument. <br /> �P} "RESPA" means�he Rea� Es�a�e Settlernent Procedures Act �12 IJ.S.�. Sec�ian 2dD I e�seq.} and �ts <br /> imp�e�rn.enting regulation, R.egula�ion X �1��.F.R. Par� I4�4}, as they mzght be am�nded from time�o time, <br /> or an�addit�ona� ar�u�cessor�eg�s�ation�r reguiati�n�ha�go�erns�he same subjec�ma��er. As used�ri�his <br /> Se�ur����nstrumen�, "RESPA" refers to a�� requir�rner�ts and restr�c�ians�hat are imposed �n r�gard to a <br /> "federaiiy re�ated xnortga�e�aan" ��en�f the Loan d�es not qualify as a "federally related mor�gag���an" <br /> under R.ESPA, <br /> �Q� "Successor in Inter�st of Borrnwer" means any par�y tha�has taken t���e�o�he Propert�, whe�he�r or nat <br /> �ha�par�y has assu�rned Borrow�r's obl��ati�ns under�he No�e andlor this Secur�t�r�ns�rument. <br /> Tran�fer t�f Rights �n the Property <br /> Th�s Security �nstrumen�secur�s�o Lender: �i} �he repaym�n�of the Loan, and a11 renewals, ex�ensians <br /> and mod��cat��ns of�he Nate; and �z�}the performa�ce of B�rrawer's cavenants and agreements under <br /> �h�s �ecuri�y�nstrume�.t and�he Note. �or�h�s purpose, Borrawer�rr��acably gran�s and conveys <br /> to Trus�ee, �n trust, vv�th pov��r af sale, �he fo��ow�ng described proper��locat��.in�he <br /> County (Type of RQcording Jurisdictian} <br /> of H a�1�] {.�ame of Re�ording Jurrsdietion�: <br /> Lot Three t3) , Bl ock fln� [1� , Col on�a� Estates Si xth Subd�vi s�on, i n the C�ty <br /> of Grand I sl and, Ha�� County, N�bras�Ca. <br /> Parce! �D Numk��r:40��931�1 wh�Ch curr�n��y has the address of <br /> 3111 Kenn�dy ��r (Street� <br /> Gr'and I s�and ��ity}, Nebra�ka �$$�3 �,�ip �'od�} <br /> �"Proper�y Address"}: <br /> T�GET`H�R.VLr�TH a�l the ir�pr�vements n�w�r hereaf�er erec�ed on�he propert�, and a�� easemen�s, <br /> appur�enan�es, and �x�ures naw or hereafter a part of�he proper��. A11 rep�acements and add��xans shall also be <br /> co�ered by�his Security �nstrumen�. A1�af the foregoing is referr�d to in�h�s Secur�t�r �ns�rument as the <br /> "Proper�y.,' <br /> N�BRASKA-5ir�g�e�amily-Fannie Mael�reddie Mac 11N€�QRM INSTRUMENT Fvrm 3D28 11�� <br /> VMP� VMPS�NE}�7 302} <br /> Wolters Kfuwer�inancial 5�r�ices Page 3❑f 17 <br />