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202402276 <br />LOAN #: 2854191 <br />(0) "Loan Servicer" means the entity that has the contractual right to receive Borrower's Periodic Pay- <br />ments and any other payments made by Borrower, and administers the Loan on behalf of Lender. Loan <br />Servicer does not include a sub -servicer, which is an entity that may service the Loan on behalf of the <br />Loan Servicer. <br />(P) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or pro- <br />ceeds paid by any third party (other than insurance proceeds paid under the coverages described <br />in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or <br />any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omis- <br />sions as to, the value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or Default <br />on, the Loan. <br />(R) "Partial Payment" means any payment by Borrower, other than a voluntary prepayment permitted <br />under the Note, which is less than a full outstanding Periodic Payment. <br />(S) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under <br />the Note, plus (ii) any amounts under Section 3. <br />(T) "Property" means the property described below under the heading "TRANSFER OF RIGHTS IN <br />THE PROPERTY." <br />(U) "Rents" means all amounts received by or due Borrower in connection with the lease, use, and/or <br />occupancy of the Property by a party other than Borrower. <br />(V) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. § 2601 et seq.) and its imple- <br />menting regulation, Regulation X (12 C.F.R. Part 1024), as they may be amended from time to time, or <br />any additional or successor federal legislation or regulation that governs the same subject matter. When <br />used in this Security Instrument, "RESPA" refers to all requirements and restrictions that would apply <br />to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage <br />loan" under RESPA. <br />(W) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether <br />or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />(X) "UETA" means the Uniform Electronic Transactions Act, as enacted by the jurisdiction in which the <br />Property is located, as it may be amended from time to time, or any applicable additional or successor <br />legislation that governs the same subject matter. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender (i) the repayment of the Loan, and all renewals, extensions, <br />and modifications of the Note, and (ii) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, IN TRUST, WITH POWER OF SALE, the following described property located in the <br />County of Hall: <br />Lot Twelve (12), Castle Estates Subdivision, in the City of Grand Island, Hall County, Nebraska <br />APN #: 400202301 <br />which currently has the address of 4036 Regal Dr, Grand Island [Street] [City] <br />Nebraska 68803 ("Property Address"); <br />[Zip Code] <br />TOGETHER WITH all the improvements now or subsequently erected on the property, including <br />replacements and additions to the improvements on such property, all property rights, including, without <br />limitation, all easements, appurtenances, royalties, mineral rights, oil or gas rights or profits, water rights, <br />and fixtures now or subsequently a part of the property. All of the foregoing is referred to in this Security <br />Instrument as the "Property." <br />NEBRASKA — Single Family — Fannie Mae/Freddle Mac UNIFORM INSTRUMENT Form 3028 07/2021 <br />ICE Mortgage Technology, Inc. Page 3 of 14 NE21UDEED 0222 <br />NEUDEED (CLS) <br />