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201200170 (N) "M or'tgage Insurance° ineans iilsurance protecting Lender against the nonpayineiit of, or default on, the Loan, (0) "Periodie Payment" means the regularly scheduled amount due for(i)principal aird interest under the Note, plus(ii) any asnounts under Section 3 of tliis Security Instrutnenti. (P) "RESPA" ineana the Rea1�state Settlemeiit Procedures Act(12 U.S.C. Sectioii 2601 et seq.) and its iin�lesnanting regulation, Regulation X(24 C.F.R. Part 3500), as they nlight be amended froin time to tiine, or any additional or sticcessor le�islation or regixlatioi2 that governs the$ame subject matter. As used in this Security Inst��ument, "R.ESPA" refers to all�•ec�uirements and restrictions that are irilposecl in reg�s•d to a "feder�lly rel�ted mortgage loan" even if the Loan does ilot qualify as� °federally related inortgage loan" under RESPA. (Q) "Successor in Interest of Borrower° means any party that has talcen title to the Property, whether or not that party has assumed Borro�ver's obligations under the Note anc�/or this Security Instrument. Transfer of aights in the Property This Security Instrument secures to Lender: {i}the repayinent of the Loan, and all renewals, extensions and inodificatioi7s of the Note; aud(ii)the perfoi�inance oF Borrower's covenants ai1c1 agreeinents under this Security Instrument�ucl the Note. I'or this purpose, Borrower irrevocably grants and conveys to Tr�stee, in trust, witl7 power of sale, the following described property located'in t11e C o u n t y (Type of Recording Jur iscliction) of H A L L (Nc�me of Recording Jurisdiction): A TRACT OF LAND IN THE NORTHEAST CORNER OF THE NORTHWEST QUARTER (NW1/4) OF SECTION THIRTY-THREE (33) , TOWNSHIP TEN (10) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M. , HALL COUNTY NEBRASKA, DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTH QUARTER GORNER OF SAID SECTION 33, THENCE SOUTH ON THE HALF SECTTON LINE A DISTANCE OF 500 FEET, THENCE WEST AND PARALLEL T0 THE NORTH SECTION LINE OF SAID SECTTON A DISTANCE OF 348.5 FEET, THENCE NORTH AND PARALLEL TO THE HALF SECTION LINE A DISTANCE OF 500 FEET, THENCE EAST IN THE SECTION LTNE A DISTANCE OF 348.5 FEET TO' THE POINT OF BEGINNING. Parcel ID Number: 400239027 which currently has the addi•ess of 551 W LOWRY RD (Street) DONIPHAN (Ctty), NeUraslca 68$32-9576 (ZipCode) ("Property Adclress"): TOGETHER WITH a11 the improvemants now or hereafter 0rected on the propai ty, a17d all easements, appurtenances, and fixtures now or hereafter 1 p�rt of the property. A11 replaceinents and additions sh�ll also Ue covered by tlus Security Instrument. All of the foregoing is referred to in this Security Instruinent as the "Property." NEBF2ASKA-Single Famlly-Fannie MaelFretldie Mac UNIFORM INSTRUMENT 24000026 VMP OO Form 3028 1/01 Wolters Kluwer Financlal Services VM P6(NE)(1105) Page 3 of 17