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201108172 <br /> (N) "Mortgage Bnsurance" means insurance protecting Lender against the nonpayment of, or default on, the <br /> Loan. <br /> (0) "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. Section 2601 et seq.) and its <br /> implementing regulation, 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 Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a <br /> "federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" <br /> under RESPA. <br /> (Q) "Successor in Interest of Borrower" means any party that has taken title to the Properiy,whether or not <br /> that party has assumed Borrower's obligations under the Note and/or this Security Insirument. <br /> Transfer of Rights in the Property <br /> This Security Instrument secures to Lender. (i) the repayment of the Loan, and a11 renewals, extensions <br /> and modif'ications of the Note; and(ii)the performance of Borrower'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 properry located in the <br /> C o u n ty (Type of Recording JuYisdiction) <br /> of HA L L (Name of Recording Ju�isdiction): <br /> LOT SEVEN (7) , IN PLEASANT VIEW THIRTEENTH SUBDIVISION, IN THE CITY OF GRAND <br /> ISLAND, HALL COUNTY, NEBRASKA. <br /> Parcel ID Number: 400420740 which currently has the address of <br /> 911 E South St (Sti-eet) <br /> G r a n d I s 1 a n d (Ciry), Nebraska 6 8 8 01 (Zip Code) <br /> ("Property Address"): <br /> TOGET�IER WITH all the improvements now or hereafter erected on the property, and all easements, <br /> appurtenances, and fiYtures now or hereafter a part of the property. All replacements and additions shall also be <br /> covered by this Security Insir�unent. All of the foregoing is referred to in this Security Instrument as the <br /> "Property." <br /> 23'1202 <br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br /> VMP� VMP6(N�(1105) <br /> Wolters Kluwer Financial Services Page 3 of 17 <br />