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<br />200607275 <br /> <br />100025440003290571 <br />0038553178 <br /> <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.c. Section 2601 et seq.) and its <br />implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, <br />or any additional or successor legislation or regulation that governs the same subject matter. As used in this <br />Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a <br />"federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" <br />under RE$P A. <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Propeny, ~hether or not <br />that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br /> <br />1RANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nommee for Lender and <br />Lender's successors and assigns) and the successors and assigns of MERS. Thi~ Security Instrument <br />secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications <br />of the Note; and (ii) the performance of Borrower's covenants and agreements 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 located in the <br />County of Hall <br />[Type of Recording Jurisdiction] [NlIme of Recording Jurisdiction] <br />All that tract or parcel of land as shown on Schedule "A" attached <br />hereto which is incorporated herein and made a part hereof. <br /> <br />Parcel ill Number: 400138093 <br />1620 N SYCAMORB STREET <br />GRAND ISLAND <br /> <br />("Property Address"): <br /> <br />[City], Nebraska <br /> <br />which currently has the address of <br />[Street] <br />[Zip Code] <br /> <br />68801 <br /> <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a pan of the property. All replacements and additions shall also <br />be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument a~ the <br />"Propeny." Borrower understands and agrees that MERS holds only legal title to the interest granted by <br />Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for <br />Lender and Lender's successors and assigns) has the right to exercise any or all of those interests, including, <br />but not limited to, the right to foreclose and sell the Propeny; and to take any action required of Lender <br />including, but not limited to, releasing and canceling this Security Instrument. <br /> <br />.-6A(NE) (0005) <br />~ <br /> <br />Paga 3 of 15 <br /> <br />InI1l1l18;-J1L.i;1 <br /> <br />/filII <br /> <br />Form 3028 1/01 <br />