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<br />200701710 <br /> <br />FEB-23-2007 20:17 <br /> <br />SECURITY FIRST TITLE <br /> <br />8152331301 <br /> <br />(P) "Periodic Payment" mean~ 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.e. 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 <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument. "RESPA" refers to all requirements and restrictions that are imposed in regard <br />to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage <br />loan" under RESPA. <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under tbe Note and/or this Security Instrument. <br /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and <br />Lender's successors and assigns) and the successors and assigns of MERS. This Security <br />Instrument secures to Lender: (0 the repayment of tbe Loan, and all renewals, extensions <br />and modifications of the Note; and (ii) the perfonnance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and <br />conveys to Trustee, in trust. with power of sale, the following described property located in the <br />County 'of Hall <br /> <br />IType of Recording Jurisdiction] <br />SEE ATTACHED SCHEDULE A <br /> <br />[Name of Recording Jurlsdlc:tionl <br /> <br />Parcel ID Number: 4 000 Ie 0 J '1 9 <br /> <br />1221 BEAL ST <br />GRANniS <br />("Property Address"); <br /> <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fIxtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this <br />Security Instrument as the "Property." Borrower understands and agrees that MERS holds only legal title <br />to the interest granted by Borrower in this Security Instrument, but, if necessary to comply with law or <br />custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any <br />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 <br />Instrument. <br /> <br />which currently has the address of <br />[Street] <br />(Cltyl, Nebraska 68801-2647 IZip Codel <br /> <br />002004178540 <br />i _~A(NE) (0401).01 <br /> <br />Initio"', .:I.L <br /> <br />Poge 3 of 15 <br /> <br />FOITn 3028 1/01 <br />CitiMortgage 3,i!,7,14 Vi! <br /> <br />P.024/036 <br />