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, . �b1,2Q4254 (0) "Mortgaga Insuranca" meaas insurance protecting Lender against the nonpayment of, or default on, the Loan. (P) "Periodic Paymant" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Secflon 3 of this Security Instrument. (Q) "RESPA" means the Real Fstate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation, Regula8on X(24 C.F.R. Part 3500), as they might be amended &om time to time, or any additional or successor legislaflon or regulation that governs We same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restricflons that are 9mposed in regard to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (R) "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 Wis Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY The beneflciary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successars and assigns of MERS. This Security InsUvment secures to Lender: (i) the repayment of We Loan, and all renewals, extensions and modiflcaflons of the Note; and (ii) We performance of Borrower's covenants and agreements under this Security Instr�ment and the Note. For Wis purpose, Bonower irrevocably grants and conveys to Trustee, in trust, wiW power of sale, the following descdbed property located in the COUNTY [Type of Re,cord'mg Jurisdiction] of HALL • [Name of Record'mg Jurisdiction] LOT TWENTY EIGHT (28), INDIANHEAD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA which currendy has the address of 3222 Ponca Circle [StreetJ Grand Island , Nebraska 68803 (" Property Address" [City] [7dp CodeJ TOGETF�R WITH all the improvements now or hereafter erected on the properly, and all easements, appurtenances, and tlxtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Securlty Instrument. All of the foregoing is referred to in this Securlty Instrument as the "Property." Borrower understands and agrees that MERS holds only legal tlde to We interests granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nom�►ee for Lender and Lenders's successors and assigns) has the rlght: to exerclse any or all of those interests, including, but not limited to, the rlght to foreclose and sell the Property; and to take any acflon required of Lender including, but not limited to, releasing and canceling this Securlty Instrument. NEB1tASKA — smgte F�nr -- Fmn�e n�rmate n�eo vr�oxrt naszxv�rr rorm 3oza voi GCC -MG3028-03 (09/Ol) (Page 3 ofl9) Initials: