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(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 under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. "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. (P) (Q) 201211/70 "Successor in Interest of Borrower" means any party that has taken 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 renewals, extensions and modifications of the Note; and (ii) the performance of Borrower' s covenants and agreements under this Security Instrument and 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 t y (Type of Recording Jurisdiction) of HALL (Name of Recording Jurisdiction): A tract of land being part of the South Half of the Southwest Quarter (S1 /2SW1 /4) of Section Thirty Two (32), Township Twelve (12) North, Range Twelve (12) West of the Sixth Principal Meridian, Hall County, Nebraska, more particularly described as follows: Beginning at the Southwest corner of the Southwest Quarter of said Section 32 and assuming the West line of said Southwest Quarter as bearing N 00° 43' 04" W and all bearing contained herein are relative thereto; thence N 00° 43' 04" W on the aforesaid West line a distance of 347.6 feet; thence N 89° 36' 14" E a distance of 1931.21 feet; thence N 44° 57' 29" E a distance of 573.79 feet; thence S 00° 04' 18" W a distance of 734.34 feet to a point on the South line of said Southwest Quarter; thence S 89° 11' 55" W on the aforesaid South line a distance of 2331.55 feet to the place of beginning Parcel ID Number: which currently has the address of 18738 W Airport Rd (Street) Cairo (City), Nebraska 68824 (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." NEBRASKA- Single Family- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VM P ® Wolters Kluwer Financial Services 24003243 Form 3028 1/01 VM P6(NE) (1105) Page 3 of 1