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201503388 (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 Estare Settlement Procedures Act(12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X (12 C.F.R. Part 1024), 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" refeis to all requirements and restrictions that are imposed in regard Co 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 Securiry Instrument. Transfer of Rights in the Property This Securiry Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modii'ications of the Note; and (ii) the performance of Borro«�er's covenants and agreements under this Security Instiument 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 Recordzng Jur•isdiczio�z) of Hal l (Name of Recor•ding Jurisdiction): A tract of land comprising a part of the Northwest Quarter (NW 1/4) of Section Twelve (12) , Township Eleven (11) North, Range Ten (10) West of the 6th P.M. , more particularly described as follows: Beginning at a point on the West line of said Northwest Quarter, said point being Five Hundred Thirty Five (535.0) feet North of the Southwest corner of said Northwest quarter; thence running Northerly along the wes� line of said Northwest Quarter a distance of One Hundred Forty Five (145) feet; thence running Easterly and parallel to the South line of said Northwest Quarter, a distance of Three Hundred (300.0) feet; thence Southerly and parallel to the West line of said Northwest Quarter, a distance of One Hundred Forty Five (145) feet; thence running Westerly and parallel to the South line of said Northwest Quarter, a distance of Three Hundred (300.0) feet to the point of beginning. Parcel ID Number: which currently has the address of 2005 N North Rd (Street) Grand Isl and (City), Nebraska 68803 (Zip Code) ("Property Address"): TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and tixtures 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-Sing�e Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/Ot VMP(ry VMP6WE1(73021 Wo�ters Kluwer Financial Services Page 3 of 17