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<br />i <br />i <br />2010512347 <br /> <br />I <br /> <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and Fterest under the <br />Note, plus (ii) any amounts under Section 3 of this Security In~trument. i <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 D.S.C. Section 2~1 et seq.) and its <br />implementing regulation, Regulation X (24 C.F.R.Part 3500), as they might be amended fjrom time to time, <br />or any additional or successor legislation or regulation that governs the same subject matl~r. As used in this <br />Security Instrument, "RESPA" refers to all requirements and restrictions that are impos~d in regard to a <br />"federally related mortgage loan" even if the Loan does not qualify as a "federally relate~ mortgage loan" <br />under RESP A. I <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Properb-, whether or not <br />that party has assumed Borrower's obligations under the Note and/or this Security Instrume~. <br /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nominee or Lender and <br />Lender's successors and assigns) and the successors and assigns of MERS. This Se urity Instrument <br />secures to Lender: (i) the repayment of the Loan, and all renewals, extensions d modifications <br />of the Note; and (Ii) the performance of Borrower's covenants and agree nts under this <br />Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described property Ilocated in the <br />COUNTY of Hall i <br /> <br />[Type of Recording Jurisdiction] <br /> <br />[Name of Recording J urisdictlonl <br />I <br /> <br />All that tract or parcel of land as shown on Schedule "A" at~ched <br />hereto which is incorporated herein and made a part hereof. I <br /> <br />Parcel ID Number: 400136252 <br />2723 W JOHN <br />GRANO ISLAND <br /> <br />("Property Address"): <br /> <br />I <br />I <br />I <br />which currently bas the address of <br />i [Street] <br />[City] ,Nebraska 6880~ [Zip Code] <br />i <br />i <br /> <br />TOGETHER WITH all the improvements now or hereafter erected on the property, nd all easements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and a ditions shall also <br />be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the <br />"Property." Borrower understands and agrees that MERS holds only legal title to the i terest granted by <br />Borrower in this Security Instrument, but, if necessary to comply with law or custom, ME S (as nominee for <br />Lender and Lender's successors and assigns) has the right: to exercise any or all of those' terests, including, <br />but not limited to, the right to foreclose and sell the Property; and to take any action r quired of Lender <br />including, but not limited to, releasing and canceling this Security Instrument. <br /> <br />'tIl-6A(NE) (0407) <br /> <br />Inklals; ;:r;tl.Jl. <br /> <br />Page 3 of 15 <br /> <br />, Form 3028 1/01 <br /> <br />~LR- <br />