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2oiiososo <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />{O) "Periodic Payment" means the regularly 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. 5ecrion 2601 et seq.) and its <br />implementing regulation, Regularion 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 subj�t matter. As used in this <br />Security Instrument, "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 />(a) "Successor in Interest of Borrower" means any pariy that has taken title to the Properiy, whether or not <br />that pariy has assumed Borrower's obligations under the Note and/or this Security Insttument. <br />Transfer of Rights in the Property <br />This S�urity Instivment s�ures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (ii) the performance of Bonower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys <br />to Trustee, in trust, with power of sale, the following described property located in the <br />C o u n t y (Zype of Recording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdiction): <br />Lot Eight (8), Block Three (3), Arnold Place, An Addition to the City of Grand <br />Island, Hall County, Nebraska. <br />Parcef ID 111u�nber: 4flU009714 <br />i2U� W �.s� St <br />Grand �sland <br />("Prc�perry Address"): <br />which currently has the address of <br />(Street) <br />(City), Nebraska 68801 (Zap Code) <br />TOGETH�R 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 properly. All replacements and addirions shall also be <br />covered by this Security Instrument. All of the foregoing is refened to in this Security Instrument as the <br />��, „ <br />NEBRASKA-Single Family-Fennie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP Q <br />Wolters Kluwer Financial Services <br />Form 3028 1/O7 <br />VMPBINE) {7105) <br />Page 3 of 17 <br />,� ,� Y , ' I , <br />