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201604726 (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 (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" 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): A tract of land comprising a part of Lots Sixteen (16) and Eighteen (18), Block Thirteen (13), Scarff's Addition to West Lawn, Grand Island, Hall County, Nebraska, more particularly described as follows: Commencing at the Southwest corner of Lot 18 proceeeding in an easterly direction along and upon the South line of Lot 18, a distance of 65 feet, thence proceeding in a northerly direction parallel to the East line of said Lots 16 and 18 a distance of 104 feet to a point on the North line of Lot 16, thence proceeding in a westerly direction along and upon the North line of said Lot 16, a distance of 64.73 feet to the Northwest corner of Lot 16, thence proceeding in a southerly direction along and upon the west line of Lot 16 and 18, a distance of 104 feet to the point of beginning. Parcel ID Number: 400087855 which currently has the address of 2426 W 18th St (Street) Grand Island (City), Nebraska 68803 (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 VMP Wolters Kluwer Financial Services Form 3028 1 /01 VMP6(NE) (13021 Page 3 of 17