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<br />200708844 <br /> <br />(P) "Periodic I'llyment" 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 Instrumen!. <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 V.S.C. Section 2601 et seq.) and Its <br />implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might he 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, "RESP A" refers to all requirements and restrictions that are imposed in regard <br />to a "federally related mortgage loan" eVeIl if the Loan does not qualify as a "federally related mortgage <br />loan" under RESPA. <br />(R) "SucceSSQI"In Interest of Borrower" means nny party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The benefkinry of this Security Instrument is MERS (solely as nominee for Lender and <br />Lender's SUCcessors nnd assigns) and the SUCcessors and assigns of MERS. This Security <br />Instrument seeures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (ii) the performance of Borrower's covenanlS 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 />[Type of RecordJng JurJ.dlcUoo) [Name of Recording Juci.diclion) <br />LOT FORTY THREE (43), HAGGES' SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br /> <br />ParcellD Number: 400041774 <br />1412 HAGGE AVENUE <br />GRAND ISLAND <br />("Property Address"): <br /> <br />which currently has the address of <br />[Slr<<l] <br />ICily] ,Nebraska 68801 IZip Code) <br /> <br />TOGETHER WITH nil 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 inlerest 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 .ny <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 />~"6A(NEI '0<071.01 <br /> <br />~QO ::tQf 15 <br /> <br />In"~I.h <br /> <br />Form 3028 1'01 <br />