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�, <br />2o1oo9si3 <br />(I� "Martgaga Insurance" rneans insurance pratecting Lender against the nonpayment of, <br />or default on, the Laan. <br />(0) "Pa�riodic Payme�tt" means the regularly scheduled amount due for (i) principal and <br />interest under the Note, plus (ii) any amounts under 5ectian 3 of this Security Instrument. <br />(P) "RESI'A" means the Real Estate Setrlernent Procedures Act (12 U.S.C. §2601 et seq.) <br />and its implernenting regulation, Regulatian X(24 C.F.R. Part 3500), as they might be <br />amended from time to time, or any additional or successor legislation or regulation that governs <br />the same subject matter. As used in this Security Instrument, "RESPA" refers to all <br />requirements and restrictions that are imposed in regard to a"federally related rnortgage loan" <br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" rneans any party that has taken title to the <br />Property, whether or not that party has assumed Borrower's obligations under the Note and/or <br />this Securlty Inswrnent. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Laan, and all renewals, <br />extensions and modifications of the Note; and (ii) the performance of Borcawer's covenants and <br />agreements under this Security Instrument and the Note. For this purpose, $orrower <br />irrevocably grants and cnnveys to Trustee, in trust, with power af sale, the following described <br />property located in the COUNTY <br />[Type of Recording Iurisdiction] <br />of HAI.L • <br />[Name of Recording Jurisdiction] <br />LOT TWO (2), BLOCK SEVEN (7), IN ARNOLD PLACE, IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />which currently has the address of 1109 w 1S�" STREET <br />[StreetJ <br />GRAND ISLAND , Nebraska 68809 ("Praperty Address"): <br />(��ty] [Zip CodeJ <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and <br />all easernents, appurtenances, and fixtures now or hereafter a part of the property. All <br />replacements and additions shall also be covered by this Security Instrument. All of the <br />foregaing is referred to in this Security Instrument as the "Property." <br />�$�SKA — Single Family -- F:nnle M�dFraddie Mac i7NIC+OItM INSTRiJMENT Fam 3DZ8 1 � <br />CiCC - G3028-03 (09/Ol) (Page 3 of /9) Initials: � j <br />�1 <br />