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(0) Veriodic 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 Jurisdictionj A tract of land comprising a part of the Northeast Quarter of the Southeast Quarter (NE114 SE114) of Section One (1), Township Twelve (12) North, Range Twelve (12) Vilest of the 6th P.M., in Hall County, Nebraska, more particularly described as follows: Beginning at the Southwest corner of said Northeast Quarter of the Southeast Quarter (NE1 /4 SE114); thence Northerly along the West line of said Northeast Quarter of the Southeast Quarter (NE14 SE1/4), a distance of Eight Hundred Fifty -three and Eighty -one Hundredths (853.81) feet; thence deflecting right 89 °03'40" and running Easterly, a distance of Eight Hundred Forty -three and Six Tenths (843.6) feet; to the Westerly right -of -way line of Highway No. 11; thence Southeasterly along said right -of -way line and on the are of a curve whose radius is 2,784.79 feet (the long chord of which deflects right 66 °09'10" from the last described course), a long chord distance of Five Hundred Seventy -seven and Sixty -four Hundredths (577.64) feet; thence deflecting left 84 °20' from the long chord of the last described curve and running Northeasterly, a distance of Twenty (20.0) feet; thence Southeasterly along said right -of- way line and on the arc of a curve whose radius is 2,804.79 feet (the long chord of which deflects right 94POV from the last described course), a long chord distance of Three Hundred Fifty -two and Twenty-eight Hundreds (352.28) feet, to a point on the South line of said Northeast Quarter of the Southeast Quarter (NE1 14 SEIM), thence Westerly along the South line of said Northeast Quarter of the Southeast Quarter (NE114 SE114), a distance of One Thousand One Hundred Ninety -six and Sixty -four Hundredths (1,196.64) feet to the place of beginning. Parcel ID Number: 400192586 which currently has the address of 8260 N NEBRASKA HWY 11 [Street] CAIRO [city], Nebraska 68824 -9719 [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. 231124 NEBRASKA - Single Family - Fannie Mae /Freddie Mac UNIFORM INSTRUMENT (, / Q -6(NE) (o 811) Page cris Initials: Form 3028 1101