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201108586 <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />L.oan. <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.5.C. 5ection 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 a11 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 Property, whether or not <br />that party has assumed Borrower's obligations under the Note and/or this Security Instiument. <br />Transfer of Rights in the Property <br />This Security Instrument secures to Lender: (i) the repayment of tt�e Loan, and all renewals, extensions <br />and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Bonower 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 ty (Type of Recording Jurisdiction) <br />of H d 11 (Name of Recording Jurisdiction): <br />Lot One (1), Centura Hills Second Subdivision, in the Viilage of Cairo, Hall <br />County, Nebraska <br />Parce! ID Number:400373548 <br />205 Centura Hills Dr <br />Cairo <br />("Property Address"): <br />which currently has the address of <br />(Street) <br />(Ciry), Nebraska 68824-9797 (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 shall also be <br />cover�l by this Security Instrument. All of the foregoing is referred to in this Security� Instrurnent as the <br />�,�. n <br />NEBRASKA-Sing(e Family-Fannie Mae/Freddie Mac UNtFORM INSTRUMENT � Form 3028 7107 <br />VMP � VMP6fNE1 11105) <br />Wolters Kluwer Financial Services Page 3 of 77 <br />-t1r � � 11����,j� <br />