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�0�10�19� <br />(N) "Mortgage Insurance" means insurance protecting I.ender against the nonpayment of, or default on, the <br />Loan. <br />(0) "Periodic Payment" means the regulazly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regularion, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, <br />or any additional or successor legislation or regulation that governs the same subject matter. As used in this <br />Security Insmament, "RESPA" refers to all requirements and restrictions that are imposed in regazd to a <br />"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" <br />under RESPA. <br />(a1 "Successor in Interest of Borrower" means any pariy that has taken title to the Property, whether or not <br />that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />Transfer of Rights in the Property <br />This Security Instnunent secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modificarions of the Note; and (u) the performance of Bonower's covenants and agreements under <br />this 5ecurity Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys <br />to Trustee, in trust, with power of sa1e, the following described property located in the <br />C o u n t y (T ype of Recording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdiction): <br />Lot Thirty Four (34), Indianhead Seventh Subdivision, in the City of Grand <br />Island. Hall County, Nebraska. <br />Parcel ID Number:400414589 <br />3105 Laramie Drive <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />(Street) <br />(G`ity), Nebraska 68803 (Zip Code) <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions sha11 also be <br />covered by this Security Instrument. All of the foregoing is referred to in this Security Insixument as the <br />n�, n <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Woltere Kluwer Financial Services <br />Form 3028 1/Ot <br />VMP6INE) 11106) <br />Pege 3 of 17 <br />, �, <br />