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201108126 <br /> (N) "M ortgage Ir�surance" nle�ns insur�nce pi•otecting Lender�gainst the nonpayment of, or default on, the <br /> Loan. <br /> (0) "PeriodlC payment" means the regularly scheduled ainotitnt due for(i)princip�l and interest tinder the <br /> Note, plus (ii) any anzouiifs under Section 3 of this Seeurity Instrument, ' <br /> (P) "RESPA° means the Real Estiate Settlement Procedures Act(12 U,S,C. Section 2601 et sec�.) and its <br /> iinple�neiYting regulation, Regulation X(24 C.F.R. Pas�t 3500)', as they might ba liriended from time to time, <br /> or aizy addi(ional or successor legislation or regulatian that governs the satne subject matter. As Lised in this <br /> SacLtrity Instruinent, °RESPA" refers to a11 reqtiireinents and��estrictions that are imposed in regard to a <br /> "�ederally related mortgage loan° even if the Loat1 does not c�tralify as a"federally related inortgage loar�" <br /> under 1ZLS1'A. <br /> (Q) "5uccessor in Interest of Borrower" means aily party that li�s talceii title to the Pro�erty, whether or not <br /> th�tt party has�ssumed Borrower's obligations under tlie Not�arld/or this Security Tilstrument. <br /> Transfer of Rights in the f'roperty <br /> This Security Instrument secures to Lender: (iJ tlle rep�yinent of the Loan, and all renewals, extensions <br /> and modii"ications of tihe Note; 1nd(ii) the performance of Borrower's coven�nts ancl agreeinents ulicler <br /> tlus Security Instrumeiit and the Note, ror tlus purpose, Borrowei•irrevocably grants aiici conveys <br /> to Trustee, in trust, wifll power oF sa1e, the followiug described property located in Ehe <br /> C o U n ty (Type of Recor^din�Juriscliction) <br /> of H A L L (Nccme of Recorcling Juris�lictron): <br /> THE WEST ONE HUNDRED TW0 AND TWENTY FIVE HUNDRfDTHS (102.25) FEET OF LOT <br /> TWELVE (12) , IN JACK VOSS SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL <br /> GOUNTY, NEBRASKA <br /> Parcel ID Number: 40016�4752 which currently has th�a�ddress of <br /> �302 CLAUSSEN RD (Street) <br /> G RAN D I S LAN D (City), Nebraslca 68803 (Zip Coc�e) <br /> ("Pro�erty Address"): <br /> TOG�THER WITH all the iinproveinents now or liereafter erected oii tlie property, and�11 easen7ents, <br /> appurtenaalces, and fixtures now or hereafter a pa��t of tlie property. All replacements and additions shall also be <br /> covered by t1Yis'Security Instrument. All of the foregoii�g is rei'eri�ed to in this S�ecurity Iustrument as the <br /> "Property." <br /> 231199 <br /> NEBRASKA-SIngle Famlly-Fannle Mae/Fretltlie Mac UNIFORM INSTRUM ENT Form 302a 1/01 <br /> VM P O VMP6(NE)(11051 <br /> Wolters Kluwer Flnancial Servlces Page 3 of 1 Y <br />