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<br />200802749 <br /> <br />(P) "Periodic Payment" means the regularly schcduled amount duc for (i) principal and interest under thc <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 <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 rdated mortgage loan" even if the Loan dot:s not qualify as a "federally rclatt:d mortgage <br />loan" under RESPA. <br />(R) "Successor in Interest of Borrower" means any party that has takt:n title to the Property, wht:tht:r or <br />not that party has assumed Borrower's obligations under the Note and/or this St:cuTity Instrument. <br /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The benefieiaTY of this Security Instmment is MERS (solely as nommet: for Lender and <br />Lender's successors and assigns) and the successors and assigns of MERS. This Security <br />Instrument st:eures to Lendec (i) the repaymt:nt of the Loan, and all rt:newals, extensions <br />and modifications of tht: Note; and (ii) the performance of Borrowt:r's covenants and agret:mt:nts under <br />this Security Instrument and the Note. for this purpose, Borrower irrevocably grants and <br />conveys to Trustce, in trust, with power of sale, the following dt:scribed property locatt:d in the <br />County of Hall <br />lType of Recording Jurisdiction] lName of Recording Jurisdiction] <br />THE FOLLOWING DESCRIBED REAL PROPERTY IN HALL COUNTY, NEBRASKA: LOT <br />FIFTEEN (15) IN BLOCK TWO (2), IN WEST BEL AIR SECOND ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA BEING THE SAME PROPERTY <br />CONVEYED TO TONY J. KELPER AND KELLI K. KEIPER, HUSBAND AND WIFE JOINT <br />TENANTS WITH THE RIGHTS OF SURVIVORSHIP AND NOT AS TENANTS IN COMMON BY <br />DEED FROM INEZ L. ROGERS, A SINGLE PERSON RECORDED 07/12/2000 IN DEED <br />BOOK PAGE, IN THE REGISTER'S OFFICE OF HALL COUNTY, NEBRASKA. TAX 10# <br />400111683 <br /> <br />Pared ID Numbec 400111683 <br />1734 S Garland <br />Grand Island <br />("Property Address"): <br /> <br />which cUITt:ntly has the address of <br />[Street] <br />lCity) , Nebraska 68803 [Zip Code] <br /> <br />TOGETHER WITH all the improvements now or hert:after erected on the property, and all <br />t:asements, appurtenanct:s, and fixtures now or ht:rt:after a part of tht: property. All rt:plact:mt:nts and <br />additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this <br />St:curity Instrument as the "Property." Borrowt:r understands and agrees that MERS holds only legal title <br />to the intt:rt:st granted by Borrowt:r in this Security Instrumt:nt, but, if necessary to comply with law or <br />custom, MERS (as nomint:t: rOT 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 />tak<: any action required of Lt:nder including, but not limited to, releasing and canceling this St:curity <br />Instrument. <br />2002066148 <br /> <br />P'lle 3 of 1 5 <br /> <br />/t/I;( Initials: ~ <br /> <br />2002066148 <br /> <br />.-6A(NE) (0407).01 <br />@ <br /> <br />FOITI1 3028 <br /> <br />1/01 <br /> <br />60300\ <br /> <br />2()()2066148 <br />