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200213515 the Property; (it) condemnation or other taking of all or any part of the Property, (iii) Conveyanec in lieu of condemn ation; or (iv) misrepresentations of, or On11SS1OlIS as tn, [lie vahrc and/or cohdition of the Property. (0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (P) `Periodic Payment" means the regularly scheduled amount due for (1) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Immanent (Q) "RESPA" memns the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation, Regulation X (24 C.F.R. Pan 3500), as they might be amended from time to time, or any additional or Successor legislation or regulation that governs the same subject matter As used in this Security hutimirent, "RESPA" refers to all rcqulrcnhents and restrictions that are imposed in regard to a'federally related mortgage loan" even if the Loan does not quelifv as a `federally related mortgage load under RESPA. (R) `Successor in Interest of Borrower" means 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 InstmmCot is MERS (solel) as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (t) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (it) the performance of Borrower's covenants and agreements under this Security Instrument and the Note- For this purpose, Borrower irrevocably grants and cmwcys to Tnlslec, in [Pill, with laws UT of sale, the following described property located in the County of HALT (Type of Recording Junsdl0lon] [Name of Recording Anstfootn] SEE LEGAL DESCRIPTION MMMMM AND MADE APART OF PIN #400154412 LOT 32, CAPITAL HEIGHTS SEVENTH SUBDIVISION, HALL COUNTY, NEBRASKA. which currently has the address of 4209 NEVADA AVENUE (Street] GRAND ISLAND , Nebraska 68803 ("Property Address'): ICIW [Zip Code] TOGETHER WITH all file improvements now or hereafter erected on the property, mid 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 as the "Property.' Burrower understands and agrees that ME.RS holds only legal title to the interests granted by Bonnwer in this Security Inswment, but, if nceessary to comply with law or custom, HERS (as nominee 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 fOMCIOSC and sell the Properly; and to take any action required O(l,cndcr including, but not limited m, releasing and canceling this Secudtyy�Iristruntent. Iaoan No: 3282586 Initials: c�.L' L- NebraskaDanorTlvn- Single F'arnily- F'vutle M.OFFreQCi< Mac ON It INS IRUNIENT J1ERS N1.1inN Fu,m 3.28 Mn] —1m, COMPLI. XCE SOCTCE, INC.— Pare r 413 rUOr \E 0100 I IIIIIIIIIIIIIIIINIIIIIIIIIII1 Oil 1111119111111V1�h mmae, rnco�eu, " »s -1—