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20]203456 (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest Linder the Note, plus (ii) any amounts Linder Section 3 of this Security Instrument. (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 night 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 imposer] 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 of Borrow or" means any party that has taker title to the Property, 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 renowals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument slid the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the Co u n ty (2)pe of Recording Jt7risdiction) of HALL (Name of Recording Jurisdiction): Part of Lot Two (2) of Schaaf s Subdivision in the East Half of the Southeast Quarter (El/2'SE1/4). of Section Twelve (12), in Township Eleven (11) North, Range Nine (9) West of the 6th P.M., more particularly described as follows: starting at the southwest corner of said Lot 2, thence in a northeasterly direction on the southerly line of Lot 2, a distance of 273.7 feet; thence to the left at an angle 90 degrees in a northwesterly direction to the northerly line of Lot 2 a distance of 178.0 feet; thence in a southwesterly direction on the lot line to the west line of Lot 2, a distance of 203.8 feet; thence south on the lot line a distance of 201.3 feet to the point of beginning, Excepting a tract of land more particularly described in Quitclaim Deed recorded in Book 121, Page 169. Parcel ID Number: 400215306 which currently has the address of 4526 E SEEDLING MILE RD (.Street) GRAND ISLAND (City), Nebraska 68801 (zip code) ("Property Address"): TOGETIiER WITII 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 Hrstrument as the "Property." 0 NM RASIQ-Single Family -Fannie M ae7Fradd le Mae UNI FORM INSTRUbI ENT farm 302802B 1/01 /011 VMP Q9 VM P(110 6) ICluw or Financial Services Page Page 3 of 17