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200302524 <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (it) any amounts under Section 3 of this Security Instrument. <br />(Q) "RESPA" mcaus the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X ('24 C F.R. Part 3500), as they might be amended from time to <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument, "RESPA" refers to all requirements mid restrictions that are imposed in regard <br />lo'a "federally related mortgage loan" even if the Loan does not qualify e, a "federally related mortgage <br />loan" under RESPA. <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and /or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MFRS (solely as nominee for Lender and <br />Lender's successors and assigns) and the successors and assigns of MERS. This Security <br />Instrument secures to Lender. (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (it) the perronnanee of Borrower's covenants and agreements under <br />this Security Instrument and the Note_ For this purpose, Borrower irrevocably grants and <br />conveys to Trustee, in trust, with power of sale, the following described property located in the <br />County of Hall <br />[Type of Recording rurealstionl [Name of Recordlug hin,die ion] <br />The Assessor's Parcel Number (Property Tax ID#) for the Real Property is <br />400389363. See Attached Legal <br />Parcel In Number: 400389363 which currently has the address of <br />4216 Indianhead Road [Spat <br />Grand Island [city[, Nebraska 68803- [Zip Codel <br />( "Property Address"). <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fixtures now or hereafter a par[ of the property_ All replacements and <br />additions shall also be ervered by this Security Instrument. All of the foregoing is referred to in this <br />Security Instrument as the "Property." Borrower understands and agrees that MERS holds only legal title <br />to the interest granted by Borrower in this Security Instrument, but, if necessary to comply with law or <br />custom. MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any <br />or all or those interests, including, but not limited to, the right to foreclose and sell the Property; and to <br />take any action required of lender including, but not limited to, releasing an�dceling this Security <br />Instrument /✓A <br />000654250809 <br />- 6AINE1!000si P:,ec 3015 �� Form 3028 1101 <br />