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201008095 <br />(I� "Mortgage InsurancB" means insurance protecting Lender against the nonpayment of, <br />or default on, the Laan. <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and <br />interest under the Note, plus (ii) any ampunts under Section 3 of this Security Tnstrurnent. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) <br />and its implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be <br />amended from time to time, ur any additional nr successor legislation or regulation that governs <br />the same subject matter. As used in this Security Instrurnent, "RESFA" refers to all <br />requirements and restrictions that are imposed in regard to a"federally related mortgage loan" <br />even if the Loan does not qualify as a"federally related mortgage laan" under RESPA. <br />(Q) "Successor in Interest of Barrower" means any party that has taken tide ta the <br />Property, whether or not that party has assumed Borrower's obligations under the Nate and/or <br />this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, <br />extensions and modiflcations of the Note; and (ii) the performance af Borrower's covenants and <br />agreernents under this Security Instrument and the Note. For this purpose, Borrawer <br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described <br />property located in the COUNTY <br />[Type of Recarding Jurisdiction] <br />of HALL . <br />[Name nfRecordiag Jurisdiction] <br />7HE SOUTH 25 FEET OF LOT 4 AND THE NORTH 35 FEET OF LOT 3, IN BLOCK <br />13, WEST PARK ADDITION TO 7HE CITY OF GRAND ISLAND, HAL,L GOUNTY, <br />NEBRASKA. <br />which currently has the address of '1012 SHERIDAN AVE <br />[StreetJ <br />GRAND ISLAND , Nebraska 68803 <br />(�'��YI <br />[Zip CodeJ <br />("Property Address") : <br />TOGETHER WITH all the improvements now or hereafter erected an the property, and <br />all easements, appurtenances, and flxtures now or hereafter a part af the property. All <br />replacements and additions shall also be cavered by this Security Instrument. All of the <br />foregoing is referred to in this Security Instrument as the "Property." <br />�$�1s�.'� — SL�gle Family -- FanNe MadFreddie Mao t1NIFORh[ INSTRUMEIV'1' Farm 3a2a 1/0l ./ / X�-. <br />(3CC - a3028-03 (09/Ol) (Page 3 of19) Initials: �!'N <br />