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2� 1 ��4538 <br /> {N} "N�ortgage Insurance" means insurance protecting Lender agains�the nonpaymen�of, or defau��on, the <br /> Loan. <br /> ��} "Period�c Payment" means the regu�ari� schedui�d amoun�du�far�i}pr�nc�pal and int�rest und�r�he <br /> Note, plus (�i} an� amounts und�r Se�ti�n 3 of�h�s Security Ins�rumen�. <br /> �P� "RESPA" mea.r�.s �h�Real Es�ate Settlemen�Procedures Act���U.S.C. Sec�i�n 264� et seq.� and its <br /> �mplem�n�ing r�gu�a�i�n, ReguXa�z�n� ��2 C.F.R. Par� ��24�, as �hey might be amended from time�o time, <br /> or any additional�r successor legis�at�on or reguia�i�n�ha�governs the same su�j��t ma��er. As used in this <br /> Security �ns�rumen�, "RESPA" refers to al� requiremen�s and res�rictions tha�are�mposed in regard to a <br /> "federally re�ated mortgage�flan" even if�he Loan daes nat qua��fy as a "federall�r�lated m�or��age loan" <br /> under RESPA. <br /> {(�} "SucGessar �n Interest of B�rrawer" xn�ans an�r par�y �hat has taken�itle�o the Praperty, whe�her or nat <br /> tha�part�has assum�d Barr�v�rer's ob�igations ur�der the Note andlor this Security Instrument. <br /> Transfer vf R�ghts in the P�operty <br /> Th�s Security Instrumen� secures to Lend�r: �i� the repa�m�n�of the Loan, and ai� rene�a�s, extensions <br /> and mad�ficatians of�he�Iote; and �ii} the performance Qf Borrov�er's co�enants and agreemen�s und�r <br /> this Security �nstrum�n�and the No�e. For this purpose, Borr�v�er irrevo�abiy gran�s and c�n�eys <br /> to Trustee, in tru�t, with power af sale, the followi�.g des�r�bed pr�per�y loca�ed in the <br /> Cou nty ��'ype af Recordij�g.Tr.crisdictr'or�} <br /> �f H a 11 (llrar�ze af Recordirzg.Ir.�risdr'ctr'oj2}: <br /> The �lesterl y Fi fty-Ni ne C�9 3 F�et �� Lat Two ��) , �n Bl ock Two C�3 , i n <br /> �esterhoff's Fi rst Subdi��s i on, i n the Ci ty �f Grand I s�and, Ha�� County, <br /> Nebraslca, exc�p�ing the �esterly Two �23 f�et th�r�of and a�so ex��pting <br /> therefro�n the N�rth Thirty �3�� Feet th�retofore con�eyed t� th� ��ty af �rand <br /> Is�and far street purposes. <br /> Parce[ IL� Numher:4DD 11��04 which curren�ly has the address of <br /> 3fl11 �fests�d� St {Stree�} <br /> Gr�nd I sl and �City�, Nebraska 6�$43 ��ip �ode� <br /> �"Prop�rt� Address"}: <br /> T�CETH�R'�V�TH a��the�mpr��em�n�s now or hereafter er�cted�n the proper��, and a��easements, <br /> appurtenances, and fixtures nou�or hereafter a par�of the prope�-ty. A�� repiacemen�s and addi�ions shall alsa be � <br /> co�ered b�th�s Securit��nstrumen�. AII of the fore��ing is r�ferred�o in this Securi�y Instrumen� as the <br /> "Proper�y." � <br /> N�BRASKA-Single Famiiy-Fanr�ie MaelFrecfdie Mac UNIFL3RM iNSTRUMENT Forrn 3��$'[tD1 <br /> VMP� VMP6{NEf�i 302} <br /> WO��@�5 KIIfW�i'FI3l�CICI�I S�CViC85 Page 3 of 17 <br />