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2Q1108587 <br />(N) "Mortgage Insurance" 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 aze imposed in regard to a <br />"federally related mortgage loan" even if the Loan does not qualify as a"feclerally 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 Securiry Instrument. <br />Transfer of Rights in the Property <br />This Security Instrument secures to I.ender: (i) the repayment of the Loan, and a11 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 />County (T�pe ofRecording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdiction): <br />Lot Eight (8), in Re-Subdivision of Block Four (4>, in the Second Addition to <br />Holcomb Highway Homes Subdivision, in the City of Grand Island, Hall County, <br />Nebraska <br />Parcel ID Number:400046342 <br />504 Wyandotte St <br />Grand Isiand <br />("Property Address"): <br />which currently has the address of <br />(Street) <br />(City), Nebraska 68801 (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. AIl replacements and additions shall also be <br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrurnent as the <br />�� �� <br />Properiy. <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP � <br />Wolters Kluwer Financial Services <br />Form 3028 1/Ot <br />VMP6(NE) (1105) <br />Page� 3 of 17 <br />-T �.• i R �.t � �i C � <br />