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200306256 (P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest "der the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (Q) "RESPA" means the Real Estate SctllcmentProceduresAct (12 U.S.C. Section 7601 etseq.) and its implementing regulation, Regulatisi (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject malnr. As used in this Security hnstrument, "RESPA" refers to all requirementsand restrictions that are imposed in regard to a "federally related mortgage loci' 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 tide to the Property, whether or not that party has assumed Borrower's obligations under the Note and /or this Security Instrument. TRANSFER OF R1GH1S 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 MERS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performaneeof Borrower's covenants and agreementsunder this Security Instrument and the Nine. 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 [Tyre of Racnrding.lurisdictionl [Name of Remtdwg rud.,dimionl LOT FORTY -SEVEN (4"I), AMICK ACRES F ST SUBDIVISION, HALL COUNTY, NEBRASKA PareellDNumber 40034916/ which currently has the address of 47 SONJA RD I [SVeet] DONIPIIAN ICity], Nebraska 68832 LpCOdcl ( "Property Address TOGETHER WITH all the improvements now or hereafter erected on the property, and all casements, 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 lnstrnmentas the "Property. Borrower understandsand agrees that MERS holds only legal tide to the interest granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lcndcr's successors and assigns) has the right: to exercise any or all of those interests, including, but not hmited to, the right to foreclose and sell the Property; and to take any action require(] of Lender including, but not limited to, releasing and canceling this Security Instrument. MFNF.7770(12 /00) / 0414034261 -BANE) locos v =a= s "111 U Form 3028 1101