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204508965 the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the an (P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the ote, plus (ii) any amounts under Section 3 of this Security Instrument. (Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its imp meeting regulation, Regulation X (24 C.F.R. fart 3500), as they might be amended from time to time, or any additional or i uccessor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" re to all requirements 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 loan" under RESPA. (R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not #hat party has assumed Borrower's obligations under the Note and/or this Security Instrument, i TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Security Instrument is MFRS (solely as nominee for Lender and Lender's successors and as4gns) and the successors and assigns of MFRS. This Security Instrument secures to Lender: (i) the repayment of the Lo and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agree is under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in t, with power of sale, the following described property located in the County of Hall (Type of Recording Jurisdiction] [Name of Reoo►ding Judad oWn] THE FO%I� GIBED REAL ESTATE (AS MPINM IN NEB. REV STAT. 76 -210) TN EV LIa COW W, NEBRASKA; LC T 7, SUBDIVISION OF BLOCK ONE, VINE HILL SUBDIVISION, GMM ISLAND, HALL q=CY, NEBRASKA. j which currently has the address of 716 S Blain Street [Shoat] Grand Island , Nebraska 68803 ( "Property Address'l: fCNY] [Zip Code] 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 as the "Property." orrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrur aent, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and ass' ) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Prop ; and to take any action required of Lender including, but not limited to, releasing and canceling this Security Instt. Wan NO: 121760344 Initials: Nebraska Deed orTru"ingle Family -Fantle Mae/Freddie Mae UNIFORM INSTRUMENT MFRS Modified Form 3029 01/01 —TEM Co eLuNM souRcR,1Nc - Page 3 of 13 Orr MAO www.00M0i8ao6 e.eam (,11111,11111111 020M The complio W4 Sonrek Im