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202405339 Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions 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 implementing regulation, Regulation X (12 C.F.A. 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) "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. (Y) "UETA" means the Uniform Electronic Transactions Act, as enacted by the jurisdiction in which the Property is located, as it may be amended from time to time, or any applicable additional or successor legislation that governs the same subject matter. 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 THE SOUTHERLY FORTY-TWO (42) FEET OF LOT FIFTY-TWO (52) AND THE NORTHERLY FORTY (40) FEET OF LOT FIFTY-ONE (51), IN FONNER VIEW SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. 1555500402 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS Form 3028 07/2021 FAIRWAY INDEPENDENT MORTGAGE CORPORATION - NMLS 2289 Page 4 of 22 II HI u A u