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(Q) " RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation, Regulation X (12 C.F.R. Part 1024), 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. (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 this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MFRS. 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: Fractional Lot Seven (7) in Fractional Block Twenty (20), in Palmer's Subdivision of Lot Seven (7), of County Subdivision of the Southeast Quarter of the Southwest Quarter (SE1 /4SW1 /4)of Section Sixteen (16), in Township Eleven (11) North, Range Nine (9) West of the 6th P.M., in Grand Island, Hall County, Nebraska, and its complement Fractional Lot Seven (7), in Fractional Block Twenty (20) in Kernohan and Decker's Addition to the City of Grand Island, Hall County, Nebraska. which currently has the address of 1508 w Division St, Grand Island, NE 68801 -5744 ( "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 understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling this Security Instrument. 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. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real Property. NEBRASKA -Single Famny- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT NE3RASKA DEED OF TRUST (SIDOT_NE I 338.33 (09/16) Page 3 of 15 1 1 ; 1 .1 1 INI INfIffl�NINNiflI INIIflNNNflf11IIN6IIIN�IIIIIIN '2783220963616404000* 201708419 Doe ID ti. X096 Form 3525 1/01 BANK OF AMERICA, N.A Ill 11 011