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201108871 <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(0) "Periodic Payment" means the regulazly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instn�ment. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. S�tion 2601 et seq.) and its <br />implementing regularion, 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, "RFSPA" refers to all requirements and restrictions that aze imposed in regazd to a <br />"federally related mortgage loan" even if the Loan does not qualify as a"feflerally 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 Bonower's obligations under the Note and/or this Security Instrument. <br />Transfer of Rights in the Properiy <br />This Se�urity Instrumern secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (ii) the performance of Borrower's covenants and agre�ments 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 locatefl in the <br />C o u n t y (Type of Recording Jurisdiction) <br />of H a 11 (Name of Recording Jurisdidion): <br />Lot One (1). Hidden Lakes Subdivision Number Eight, Hall County. Nebraska. <br />Parcei ID Number:400380250 <br />112 S Gunbarrel Rd <br />Grand Island <br />("Properiy Address"): <br />which currently has the address of <br />(Street) <br />(City), Nebraska 68801 (Zip Code) <br />T�ETHER 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 />covered by.this Security Instrument. All of the foregoing is refened to in this S�urity Instrument as the <br />�� � <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP Q <br />Woiters Kluwer Flnancial Services <br />Form 3028 1 /01 <br />VMP6(NE) (1105) <br />Pepe 3 of 17 <br />. . „ i 4 . , k„ <br />