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200303085 <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" meare the Reel Estate Settlement Procedures Act (12 U.S.C. Section 2601 it seq.) and to <br />implementing regulation, Regulation X (24 C.F.R. Pan 3500), as they might be amended from tlme to <br />tlme, or any additional or smvessoc legislation or regulation that governs the one subject matter . As used <br />I. this Security hearam rm, "RESPA" refers to all nordoetnents and r..tridi... But me imposed in round <br />to a "federally related mortgage lean" even if the Loan dun nut qualify as a "federally related mortgage <br />loan" under RESPA. <br />(R) "Sumacs., is Interest of Borrower" incrow any party that has taken title to the Property, whether or <br />not that party has assumed Borrower 'a obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely e n for Lender uad <br />Leader, s and ass t, ®) and (he s and assigns of mMERS. This Security <br />Instrument sectors in Lender: (I) the repayment ssof the Loan, and all conceals, exmuV.na <br />and modifications of the Note, and tip the performance of Borrower's covenants and agreements tinder <br />this Security Instrument and the Note. For this purpose, Borrower irrevocably grans and <br />conveys to Trustee, in trust, with power of aide, the fallowing described property located in the <br />OC[INTY of HALL <br />Mpe ofkewrdag persimmon] Warne d kewrdin, humdturoal <br />THE WEST FORTY -FO[A2 (44) FEET OF ILIT FOUR (4) 1N I3IFSI( NPTfIiY -FIVE (95), <br />ORIGINAL. TOWN HAI CITY OF GRAN) ISLAM), HALL 0S1N1Y, NEBRASKA <br />Proved ID Number: 400009989 which currently has the address of <br />505 EAST FIRST STREET ISaeml <br />(RENT) IS ]aryl, Nebraska 68801 [zip cape! <br />( "Property, Address"): <br />TOGETHER WITH all the improvements new or hereafter erected on the property, and all <br />easements, appurtermnces, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by (his 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 cretins, any <br />taro of these required including, but lud limited (o, the right to foreclose <br />role had and sell celProperty; and to not <br />tale any action requved of Lender Including, but not Recited m, role ing and canceling this Security <br />SUVOEMm. <br />WWIER1000236146 1000236146 0 <br />®-fiA(NE)c000a g ns Fountain 1101 <br />