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200508960 (Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. § 2601 et seq.) and its ' lctnenting regulation, Regulation X (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 matter. As used in this Security Instrument, "RESPA" r fern to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loai i 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 that party has assumed Bonnwer'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 as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MM. This Security Instrument secures to Lender: (i) the reps t of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's cove nants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and c nveys to Trustee, in trust, with power of sale, the following described property located in the County (Type of Recadfnp JudsaGctia ] of Hall [Noma of Recoreng Judsomon] TBE FOLUXUr- DES01 13M PZkL ESMkTE (AS DEFUM) IS NEB. REV STAT. 76 -201) IN "1 L,L, CCX11V"1"Y, NEN�AS10ri; LOT 7, SLMDMSICN OF Si1J("K CNE, VINE HILL, SLWrVTSION, TSLAND, HALL COUNTY, NEERASKk. which currently has the address of 716 S Blain Street l5ltreet] Grp Tel.and , Nebraska 68803 ( "Property Address'): 1W IzMp code] TOGETHER WITH all the improvements now or hereafter erected on the property, and all a cements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be c vered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." 3orrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrw ient, but, if necessary to comply with law or custom, MGRS (as nominee for Lender and Lender's successors and assign ) 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 Instrument. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of ord. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non -uni form covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Priudpal, Interest and Other ChaargeL Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and if allowable under Applicable Law, any prepayment charges and lal e charges due under the Note. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if Loan NO: 121760239 initials: Nebraaty Deed of Truai -Singe Fandty- Semdary Lien MFIRS Modified Form sol olrol —TIM C.ON,&,.LU � NCB SOURM INC- Pag 3 of t l 03M 111H1111111111 tam, necorml s"WrAIm.