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200302807 (P) "Periodic PaymmW" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) my anuaims under Section 3 of this Security Instrument. (Q) "RESPA" means the Beal Esttve Settlement Procedures Act (12 U.S.C. Section 2601 rl seq.) and its innplemaVing regulation, Regulation X (24 CJ R. fart 35001, its they might be amended from time to time, or any additional of successor legislation or regulation that governs the scone subject matter. As used in this Security InslrrunenL "RESPA" refers to all re uireunents and restrictions that are imposed in regard to a "federally related mortgage loud" even if the Loan does not rµlalil'y us it "federally related mortgage form" uirder RESPA. (H) 'Successor in Interest of Borrower" means any party that has taken 011e to the Property, whether or not that party has nssumcd Rot rower's obligations wider the Note and /or this Security Instrument. TRANSFER OI' RIGII IS IN 11115 PROPER I The bc.na ie my of thus Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successors trod assigns of MERS. this Security Instrument secures to Leader. (1) the repayment of the Loan, aid all renewals, extensions and modifications of Ile No1c; told (ii) the performance of Borrower's covenants mid agreements under this Security Instrument and the Note. Fm this purpose. Borrower irrevocably grants and conveys to Trustee, in truss. with power of sale, Ile following described property located in the County of Hall (Type of iirconlina JmiNimiw,l INo,ne of Iteo.Niag Jur,,d,,l of Pm't or the Sou lhrasl Qnnrler (NEI/4) of the Nlo(lo:ul Qunrler (NI!114) or Section F:Ievra (11), Ton whip Niue. (9) North, Iran" 'feu 111) \YcSI of Ihr 611. PAL' ]]all Cuorly, Nrbruska lore parlball :vly described as falloor. Hugimriog al the Soutln-a.sl comer nl' line Southeast Quarter (SEI /4) or the Norlhrasl Quurler (NU/4) el Seclion lilrveu (II), In 'township Niue (9) North, Range 'lire (11) Thcuce rmming 1V'eslerly p:u;dlel In (he Northerly line ur Section Eleven (11) a dislance of '1'wn Il uudred Ninelydirr Feel (295') thence running Northerly parallel to the Easterly line or said Section F;Iercu (11) it distance of ']at) Hundred Ninely-Five Feel (29S) thence running Easterly parallel In the Southerly line of said Section Eleven (II) to the Easterly line of Seclion Reran tit) (Lance running Sou lowly oloug and tit uui the Fai.slrrly line of Section Eleceu (11), '1ln,a hip Nine (9) N... if., Range Ten (11) In the point of beginning Parcel ID Number: 400231530 which latently has the address of 11498 S HILLTOP Iti ISacerl ❑oniphan Ica,j, Nebraska 68832 ILipcodcl ( "Properly Address "): TOGETHER WITH all line improvements now or hereafter erected on the property, and all easements. appurtenances, and fixtures now or hereafter a part of the properly. All replacements and additions shall also be covered by this Security Instrwucnt. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrees that MFRS holds only legal title to the interest granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MFRS (as nounince for Lender and Lender's succeaaors and assigns) has the right: to exercise any ur all ofthose interests, including, but not limited to, the right to foreclose and sell the Property; and to take Try action required of Lender including, but not limited to, releasing and canceling this Security Instrument. 17416126 17416126 :moat, -6 AINEI moosrar No.Ir n5 / Far. 3028 1101 ® Il