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2o~.oos959 (O) 'periodic Payment" means the regularly scheduled amount due for (i) principa] and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (P) 'RESPA" means the Rea] Estate Settlement Procedures Act (12 U.S.C. Section 2b01 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 iu Interest of Borrower" means any party that has taken title to the Property, whether ar not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS 1N 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 fallowing described property located in the County of HALL [Type of Recording Jurisdiction] [Name of Recording Jurisdiction] A tract of land comprising a part of the North Half of the Northeast Quarter (N1/2NE1/4) of Section Thirteen (13), Township Ten (10) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska, and more particularly described as follows: Beginning at point an the north line of said North Half of the Northeast Quarter (N1/zNEI/4), said point being Eight Hundred Seventy Three and Seventy Four Hundredths ($73.74) feet east of the northwest corner of said North Half of the Northeast Quarter (Nl/2NE1/4); thence running easterly, along and upon the north line of said North Half of the Northeast Quarter (N1/2NE1/4), a distance of Three Hundred Forty Nine and Seventy Two Hundredths (349.72) feet; thence deflecting right 91° 3$' 11" and running southerly, a distance of Nine Hundred Twenty Six and Eighty Nine Hundredths (926.89) feet; thence deflecting right 8$° 21' 49" and running westerly, parallel with the north [ine of said North Half of the Northeast Quarter (N1/2NE1/4), a distance of Five Hundred Ninety Nine and Ninety Eight Hundredths (599.98) feet; thence deflecting right 106° 3T 47" and running northeasterly, a distance of Nine Hundred Sixty Six and Ninety Six Hundredths (966.96) feet to the point of beginning Parcel ID Number: 40D389657 which currently has the address of 3493 W Guenther Rd [Street] Grand Island [city], Nebraska 68803 [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. 230878 NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFbRM INSTRUMENT _~~~ ~ -6(NE) 1oa11~ Pege3 of 15 Initials^~! ;C / Farm 3D28 1/D1 W t~~