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201403885 (N) "M ortgage Insurance" means iiisurance protecting Lender�gainst tlle nonpayineiit of, or deflult oii, the Loaii. (0) "F'eriodic Payment" mealls tihe regul��ly schedttled amount due For(i)principal and interest under the Note, plus (ii)any amounts under Section 3 of this Security Instruinent. - (P) "RESPA" means the Re11�state Settlement Procedures Act(12 U.S.C. Section 2601 et seq.) and its implementiing i•egulation, Regulation X(12 C.r.R. Part 1024), as they might be amended from tin7e to tiine, or�ly additional or successor legislation or regLtlation lha�t goverils the saii7e subjecti matter, As used iu this � Security Instrument, °REST'A" refers to all requirements and restri�tions that are iinposed in rega�'d to a "feclerally related mortgage loan" even if tlie Loan does not qualify as a"federally related Ynortgage loan" under RESPA. (Q) "Successor in Interest of Borrower" ine�uzs any party that has talcen title to the Property, whether or not tliat party has assumed Borrower's obligations under the Note�nd/or tliis Security Instrument. Transfer of Rights in the Property This Security Instrument secures to Lender: (i)the repayinent of the Loan, and all renewals, extensions �nd inodifica�ions oF the Note; ancl(ii) the perforinance of Borrower's covenants a11d agreements urlder this Security Instrument and the Note. For tliis purpose, Borrower irrevocably grants anci conveys to Trustee, in trust, with power of s�le, the following descriUed property located in the C�U n ty (Type of Recorcling JuNisc�r'ction) of H A L L (Nccme of Recording Jurtsdiction): The Southerly One-Half of Lot Fifteen {15) , and all of the Lot Sixteen (16) , having a lal<e front footage of 70 feet, situated on the East side of the East portion of Kuester Lake and being on a part of the East Half of the Southwest Quarter (E1/2SW1/4) in Section Thirteen (13) , Township Eleven (11) Range Nine (9) , West of the 6th P.M. , Hall County, Nebraska > bounded on the Easterly side by the common road. Parcel ID Number: 400311712 which currently has the acldress of 38 Kuester L{< (StT�eet) G r a n d I s�l a n d (CityJ, Nebraslca 6 8801 (Zrp Code) ("Property Address"); TOGET�I�R WITH all the improvements now or hereafter erectecl on the property, aYld alI easements, appurten.ances, �nd�xtures now or hereafter a part of th�property. All i-eplacements 1nd additions shall also l�e cove�'ed by tlus Security Instrutnent. A11 of the Eoregoing is referred to in this Security Instirument as the "Property." 24006238 NE6RASKA-Single Family-�annie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 1I01 VMP Q VMP6(NE)(1302) Wolters Kluwer Financial Services Page 3 of 17