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200111540 (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 (24 C.F.R. Part 3500), 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 of Howard [Type of Recording Jurisdiction] [Name of Recording Jurisdiction] PARCEL #1: 829 4TH AVENUE - ST LIBORY, NE 68872 Beginning at a point One (1) Rod East of the Northeast Corner of the Northwest Quarter of the Northeast Quarter (NW 1/4 NE 1/4) of Section Twenty -three (23), Township Thirteen (13) North, Range Ten (10) West of the 6th P.M., Howard County, Nebraska, and South to the South Line of the Public Road along the North side of said Section; thence South parallel with the East Line of said section Twelve (12) Rods; thence West parallel with the North Line of said Section Twenty (20) Rods; thence North Twelve (12) Rods to the South Line of said Public Road; thence East to the Beginning. PARCEL #2: 312 S SUEZ - CAIRO, NE 68824 Lot Six (6), in Block Eleven (11), in the Village of Cairo, Hall County, Nebraska. Parcel ID Number: 4 7 0 8 7 2 8 9 2 which currently has the address of 829 4TH AVE [Street] ST LIBORY [City], Nebraska 68872 [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." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. 01- 10 -11- 000050 Initials: -6(NE) 1000501 Page 3 of 15 Form 3028 1/01