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200213233 (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 HALL [Type of Recording Jurisdiction] [Name of Recording Jurisdiction] All that part of the Northeast Quarter of the South Half of the Northwest Quarter (NE1 /4 S1 /2 NWI /4) of Section Thirty-six (36), in Township Twelve (12) North, Range Eleven (11) West of the Sixth P.M., Hall County, Nebraska lying north of Highway Number Two and more fully described as follows: Beginning at the Northeast corner of the South Half of the Northwest Quarter (SI /2 NWI /4) of said Section Thirty-six (36); thence running in a westerly direction a distance of 677 feet to a point on the north line of the South Half of the Northwest Quarter (S1 /2 NWI /4) where the said north line intersects with the right -of -way line of Federal Highway Number Two; thence turning in a southeasterly direction and running along the right -of -way line of Highway Number Two, a distance of 829.9 feet to a point where said right -of -way line intersects the east line of the South Half of the Northwest Quarter (S1 /2 NWI /4) of said Section 36; thence turning in a northerly direction along the east line of the South Half of the Northwest Quarter (S1 /2 NWI /4) of said Section 36, a distance of 488' to the point of beginning, except a tract of land more particularly described as shown in Warranty Deed recorded as Document No. 83- 003256. Parcel ID Number: 400192470 8550 W HWY 2 CAIRO ( "Property Address "): which currently has the address of [Street] [City], Nebraska 68824 [Zip Code] 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. (M -8(NE) (0005) Poge3 of 15 Inifiols: �v 229288 Form 3028 1101