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201304516 (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. (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 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 County (Type of Recording Jurisdiction) of HALL (Name of Recording Jurisdiction): Lot 2,Block 1, Chamberlin's Addition to Wood River, Hall County,Nebraska,EXCEPTING a certain tract therefore as recorded in Warranty Deed in Book 120,Page 459 and the Westerly 34.1 feet of vacated street lying Easterly and abutting Lot 2,Block 1, Chamberlin's Addition. Said vacated street vacated by Ordinance No.53 of the Ordinances of Wood River,Hall County,Nebraska. Ordinance recorded in Book K,Page 311 of the Register of Deeds office, Hall County,Nebraska,vacated street described as follows;that all the street be vacated on West side of Block"B" & "C" in First Addition and "F" & "G" in MacCoil &Leflang's 2nd Addition to Wood River, Hall County,Nebraska. Said Street commencing at a point and extending to and along the North Iine of Block. "B" from the Northwest corner of said Block, 80 feet distance from the northwest corner of said BIock,thence running South to the South line of said Block"G" in said 2nd Addition,being a strip or parcel of land lying parallel to and along West side of said Block"B", "C", "F" & "G" eighty feet wide. Parcel ID Number: 400178168 which currently has the address of 414 W 12th St (Street) Wood Ri ver (City), Nebraska 68883 (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." 24004547 NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP® VMP6(NE)(1105) Wolters Kluwer Financial Services Page 3 of 17