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200509279 <br />the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or <br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus <br />(ii) any amounts under Section 3 of this Security Instrument, <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing <br />regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor <br />legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all <br />requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan dots not <br />qualify as a "federally related mortgage loan" under RESPA. <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party <br />has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and <br />the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all <br />renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with <br />power of sale, the following described property located in the <br />County of HALL <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction] <br />LOTS NINE(9) AND TEN(10) IN BLOCK SIX(6) IN DODD AMID MARSHALL'S ADDITION TO <br />THE VILLAGE OF WOOD RIVER, HALL COUNTY, NEBRASKA <br />which currently has the address of <br />WOOD RIVER , Nebraska <br />[City] <br />010OWMAIM r�r,+��i4:�alaNy <br />[street] <br />68883 ( "Property Address "): <br />[Zip Code] <br />TOGETHER WI'T'H all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by <br />this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property," Borrower <br />understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument, but, <br />if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the <br />right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to <br />take any action required of Lender including, but not limited to, releasing and canceling this Security Instrument. <br />Nebraska Deed of Trust - Single Family - Fannie Mae/Freddie Mae UNIFORM INSTRUMENT <br />--THE COMPLIANCE SOURCE, INC.— Page 3 of 13 <br />www.comphaneesouroc.tom IpIU VIIIVII�IV VII VIII IIII VIII VII �IIVIII IIII <br />Initials: <br />MERS Modified Form 3028 01 /01 <br />1430INE 08/00 <br />C)2000, The Compliance Source, Inc. <br />