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Jun -30 -Ob 13:10 From- T -601 P 13 F -139 200005488 (P) "Periodic Payment" means the regularly scheduled amount due for (i) principal turd interest under the Note, Plus (ii) tiny amounts under Section 3 0l' this Security insirument. (Q) "RESPA" means the Rca1 L3sttue Settlement. Procedures Act. (12 U.S.C. Section 2601 et seq.) and its implementing re.gulauon, Regulation X (24 C.F.R. Part 3500), as they might be arnended front time to time., or any additional or successor legislation or regulation that governs the same strlaject matter. As used In this Security Instrument, "RESPA" refers to all rcqui,'ements and restrictions that are imposed in regfu'd to a "federally relawd mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (R) "Successor in Interest of florrower" means any party that has taken title to Ule Properly, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. - fR,kNSFGR OF RIGHTS TN THE PROPERTY The beneficiary of this Security Instrument is MFRS (solely as nominee for Tender and Lender's successors and assigns) and the successors and assigns of MFRS. This Security Instrument secures to Lender: (i) the repayment of the I-oan, and all renewals, extensions and modifications (if the Note; and (ii) the performance of Borrower's covenants and agTeMlents under thin Security Instrumcnt and the Note. For this purpose, Borrower irrevocably grants and conveys to Truswe, in trust, with power of sale, the following described property located in the. COUNTY 0 1 HALL (Type of Recording Junsdictiunl INume of Recording i- anadictiunl Lot Fourteen ('14), Hidden Lakes Subdivision Number Four, Hall County, Nebraska. , Parcel II) Number: 400211688 which currently has the address of 210 LAKESIDE DRIVE isueetl GRAND ISLAND Icityl, Nebraska 68801 lZip Code) ( "Property Address "): TOGETHER WITH all tile improvements now Of hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and addidons shall also be covered by this Security Instrument. All of the foregoing is refcrrcd to in this Security Instrument as the. "Properly." Borrower understands and agrees tllat AfERS holds only legal title to the interest granted by Borrower in this Security Instrument, but, if necessary to coinply with law or custom, HERS (its itomm e for Lender and Lenter's successors and assigns) has the right: w exercise any or all of those interests, including, but not limited 10, the right to foreclose and sell the 'Property; and to take any acpon rCtluiretl of Lealder including, but not limited to, releasing and canceling this Security Instrument. ''��"0 BA(NE) co�o6).02 �� ti' J 20030300 If1111Aln: I -ape 3 of 16 Form 3478 3r94