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202401964 LOAN #: 6624013943 rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance premiums to be paid by Lender to the Secretary or the monthly charge by the Secretary instead of the monthly Mortgage Insurance premiums. (0) "Loan" means the debt obligation evidenced by the Note, plus interest, costs, expenses, and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (P) "Loan Servicer" means the entity that has the contractual right to receive Borrower's Periodic Pay- ments and any other payments made by Borrower, and administers the Loan on behalf of Lender. Loan Servicer does not include a sub -servicer, which is an entity that may service the Loan on behalf of the Loan Servicer. (Q) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or pro- ceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omis- sions as to, the value and/or condition of the Property. (R) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or Default on, the Loan. (S) "Partial Payment" means any payment by Borrower, other than a voluntary prepayment permitted under the Note, which is less than a full outstanding Periodic Payment. (T) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3. (U) "Property" means the property described below under the heading "TRANSFER OF RIGHTS IN THE PROPERTY." (V) "Rents" means all amounts received by or due Borrower in connection with the lease, use, and/or occupancy of the Property by a party other than Borrower. (W) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. § 2601 et seq.) and its imple- menting regulation, Regulation X (12 C.F.R. Part 1024), as they may be amended from time to time, or any additional or successor federal legislation or regulation that governs the same subject matter. When used in this Security Instrument, "RESPA" refers to all requirements and restrictions that would apply to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (X) "Secretary" means the Secretary of the United States Department of Housing and Urban Develop- ment or his designee. (Y) "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 The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MERS. 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 of Hall: Lot Twenty One (21), Grand West Fourth Subdivision, in the City of Grand Island, Hall County, Nebraska. APN #: 2412562 which currently has the address of 4056 Craig Dr, Grand Island [Street] [City] Nebraska 68803 ("Property Address"); [Zip Code] NEBRASKA—Single Family—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT (MERS) Form 3028 07/2021 (rev. 7/23) Modified for FHA 1/2023 (HUD Handbook 4000.1) ICE Mortgage Technology, Inc. Page 3 of 14 NEEFHA23DE 0823 NEEDEED (CLS) 05/01/2024 08:01 AM PST