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201108250 (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (0 )"Periodic Payment" means the regularly scheduled amount due for (i) principai and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (p} "RESPA" means the Real Estate SettlementProcedures 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 a11 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 parLy that has taken titie 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 canveys to Trustee, in trust, with power of sale, the following described property located in the COUNTY (Type of Recording Jurisdiction) ap Hp,I,L (Name of Recording Jurisdiction): Part of Lot 1, of Garrett's Subdivision of part of the E1/2 of Section 9, Township 11 North, Range 9 West of t6e 6t1� P.D'L, Hall County, Nebraska, more particularly clescribed as follows: Commencing at a point ou the Northerly line of Twelftl� Street, 10 feet Northeasterly of a point where the Easterly Line of tl�e Rigi�t of �E�ay of . the Republican Valley Railroad Company intersects the Northerly line of Twelftli SYreet; thence running iVortheasterly along tl�e Northerly Line of Twelf'th Street for a distance of 16S feet; tlience in a Northwesterly direction, parallel with the Easterly line of the Right of Way of the Republican Valley Railroad Com�any, f'or a distance of 132 feet; running thence in a SoutUwesterly direction, parallel witli tlie No► Line of Twelftl� Street, a distance of 16� feet; running thence in a Southeasterly direction paral(el witl� and 10 feet Easterly of the Easterly line of the Right of Way of tl�e Republican Valley Railroad Company, 132.0 feet to tl�e place of � beginning. EaCEPT a tract of land comprising a part of Lot 1, Garretf's Subdivision, in the City of Grand Island, Nebraska more particularly described as follorvs: Beginning at the Southwest Corner of said Part of Lot 1; tl�ence running Nortl�westerly along the West line of said part of Lot i, a distance of 132.16 feet, to the Nort4west corner of said part of Lot 1; thence deflecting rigUt 90°06'S8" and running northeaster[y along tlfe Northerly line of said part of Lot 1, a distance of 36.66 feet; thence defiecting right 90°45'05" and running Soutl�easterly a distance of 132.11 feet; to a point on the Northerly right of way line of Twelfth Street; thence detlecting right 89°07'S3" and running SoutUwesterly along tl�e NortUerly Right of Way line of' T�velf'th Street, a distance of 34.68 feet, to the point of beginning. TAX STATEMENTS SHOULD BE SENT T0: WELLS FARGO HOME MORTGAGE, P.O. BOX 11701 NEWARD NJ 071014701 Parcet ID Number: 400132435 which currently has the address of 536 E 12TH ST (Street) GRAND ISLAND (Ciry), Nebraska 68801 (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." NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNlFORM �NSTRUMENT Form 3028 1l01 VMP � VMP6{N Page�3 a f' 00 Walters Kiuwer Financial Services �