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<br />200606769 <br /> <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 ofdle Property. <br /> <br />(0) "Mortgage Insurance" means insurance protecting Lender against fue nonpayment of, or default on, the Loan. <br /> <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 offuis Security Instrument. <br /> <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 D.S.C. 92601 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, "RESP A" refers to all <br />requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not <br />qualify as a "federally related mortgage loan" under RESP A. <br /> <br />(R) "Successor in Interest of Borrower" means any party fuat has taken title to the Property, whefuer or not that party <br />has assumed Borrower's obligations under the Note and/or fuis Security Instrument. <br /> <br />TRANSFER OF RIGHTS IN THE PROPERlY <br /> <br />The beneficiary offuis 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 oftbe Note; and (ii) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For fuis purpose, Borrower irrevocably grants and conveys to Trustee, in trust, wifu <br />power of sale, the following described property located in fue <br />County of HAIL <br />(Type of Recording Jurisdiction] [Name of Recording Jurisdiction] <br /> <br />IDI' SIX (6) AND THE NORTH FOUR (4) FEET OF LCJI' SEVEN (7), IN BlOCK SIX (6), <br />THIRD ADDITION TO THE VILLAGE OF CAIRO, HAIL COUNTY , NEBRASKA <br /> <br />CAIRO <br /> <br />, Nebraska <br /> <br />309 NUBIA <br />[Street] <br />68824 ("Property Address"): <br />[Zip Code] <br /> <br />whicb currently has the address of <br /> <br />[City] <br /> <br />TOGETHER WITH all the improvements now or bereafter 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 tbe 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 tbe <br />right: to exercise any or all of fuose interests, induding, 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 /> <br />I.DAN NUMBER: 7804161 Initials:2r..- '&: ~ - <br />Nebraska Deed of Trust-Single Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT MERS Modified Form 3028 01/01 <br />-THE COMPLIANCE SOURCE., lNC.- Page 3 of 13 14301Nr 08/00 <br />11111111111111111\1111111111111111111111111111111111111111111I1I111111 G"OOO, Tho Compli.noo Sou roo, Ino. <br /> <br />www.complianc~source.cClm <br />