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20i�00�84 <br />(1� "Mortgage Insarance" means insurance protecting L.ender against the nanpayment of, <br />or default on, the Loan. <br />(0) "Periodic Payrnent" means the regularly scheduled amount due for (i) principal and <br />interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" rneans the Real �state Settlement Procedures Act (12 U.S.C. §2601 et seq.) <br />and its implementing regulation, Regulatian X(24 C.F.R. Part 3500), as they rnight be <br />amended from time to tirne, or any additional or successor legislation or regulation that governs <br />the sarne subject matter. As used in this Security Instrument, "RESPA" refers to all <br />requirements and restrictians that are imposed in regard to a"federally related mprtgage loan" <br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. <br />(Q) "Successor in Interest oF Borrower" means any party that has taken title ta the <br />Property, whether or not that party has assumed Borrower's abligations under the Nate and/ar <br />this Security Instrument. <br />TRANSFER OF RTGHTS IN THE FROF�RTY <br />This Security Instrument secarss to Lender: (i) the repayment of the Loan, and all renewals, <br />extensions and modifications of the Note; and (ii) the perfoz�mance of Borrower's covenants and <br />agreements under this Security Instrument and the Note. For this purpose, Borrower <br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described <br />property located in the COUN7Y <br />[Type of Recording Jurisdictian] <br />of HALL <br />[Name oP Recording Jurisdiction] <br />LOT ONE HUNDRED SIXTY ONE (161) IN WEST LAWN, IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY NEBRASKA. <br />which currently has the address of 15p8 N GRAND ISLAND AV� <br />[StreetJ <br />GRAND ISLAND , Nebraska 68803 ("Property Address"): <br />[Ciryj [Zip Code) <br />TOGETHER WITH a11 the irnprovements now or hereafter erected on the praperty, and <br />all easements, 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 />foregoing is referred to in this Security Tnstrument as the "Property." <br />�B�s� -- Single Family -- Fannk Mae/MYeddie Mac [1NIFORM IN5TRIIMENT Form 3028 110 � <br />GCC - G3028-03 (09/Ol) (Page 3 of 19) Initials: r ` e <br />