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200307191 (P) "Periodic Payment" means the reeularly ,chodulsd amount dac too (i) principal and interest under the Not, plus (ii) any amounts under Section 3 of this Security Instmmcen. (Q) "RE SPA " means the Real Rotate Settlement Procadares Act (12 U.S.C. Section 2601 of seq.) and its implementing regulation, Regulation S (24 C R. Pert 3500), as they might he amended from time to time, or any additional or successor legislation or regulation that governs the same subject mutter. As wed in this Security Instrument, "RESPA" refers to all requircmei 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 town" under RESPA. (R) "Successor In Interest of Borrower" occurs 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 res numinee 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 agreentatts 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 flyyc of Recording mriodmdonl [Nome or According rnriedisdonl LOT 21, IN FONNER VIEW SECOND SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. Parcel ID Number: 400131455 which currently has the address of 1114 HALL COURT Gsh"ll GRAND ISLAND [aryl, Nebraska 66601 [zip Code] ( "Properly 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 rs the "Property." Borrower understands and agrees that MERS holds only legal title to the interest granted by Borrower in this Security Instrument, but, if necessary to comply with law or creamer, MERS has nomince 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 nice any action required of Lando including, hot not limited to, releanine and canceling this Security 9994634L 999463468 l. (0, 6AINN lemslo moos ors / Form3020 1101 20126 -03