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201202507 (P) `RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, RESPA refers to all requirements and restrictions that are imposed in regard to a"federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (Q) "Successor in Interest ofBorrower" means any party that has ta.ken title to the Properiy, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. Transfer of Rights in the Property. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instivment and the Note. For this purpose, Bonower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County [Type of Recording Jurisdiction] of Hall [Name of Recording Jurisdiction] A TRACT OF LAND BEGINNING AT A PO1NT ONE THOUSAND THREE HUNDRED TWENTY FOUR FEET (1320') NORTH OF THE SOUTHEAST (SE) CORNER OF SECTION THIRTY FIVE (35), TOWNSHIP NINE (9) NORTH , RANGE TWELVE (12) WEST OF THE 6TH P.M., HALL COUNT'Y, NEBRASKA, THENCE WEST FIVE HiJNDRED SEVENT'Y FOUR FEET (574'), THENCE SOUTH THREE HIJNDRED EIGHTY SIX AND NINE TENTHS FEET (386.9'), THENCE EAST FIVE HUNDRED SEVENTY FOUR FEET (574'), THENCE NORTH THREE HUNDRED EIGHTY SIX AND NINE TENTHS FEET (38693.9') TO THE POINT OF BEGINNING Parcel ID Number: 400295660 which currently has the address of 15800 S 150th RD [Street] Kenesaw [City], Nebraska 68956 [Zip Code] ("Property Address"): TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised ofthe estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower wanants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRiJMENT combines uniform covenants for national use and non-uniform covenants with limited variarions by jurisdiction to constitute a uniform security instrument covering real property. Uniform Covenants. Bonower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Insmiment shall be made in U.S. cunency. However, if any check or other instrument received by Lender as payment under the Note or HCFG-00359 NEBRASKA-Single Famlly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Fortn 3028 1/Ot VMP� 12/11 Wolters Iduwer Finandal Services 201203234.0.0.0.4002-J20111128Y Page 3 of 17 1