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<br />, ' <br /> <br />200808457 <br /> <br />(P) "Periodic Payment" means the regularly schedukd 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 e.F.R. Part 35(0), as they might be amended from time to <br />time, or any additional or successor legislation or regulation that governs the same suhject 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 docs not qualify as a "federally related mortgagc <br />loan" under RESPA <br />(R) "Successor in Interest of Borrower" mcans any party that has taken title to the Property, whether or <br />not that party has assumed 13orrower's obligations under the Note and/or this Security Instrument. <br /> <br />TRANSFER OF RIGHTS IN TIlE PROPERTY <br />The beneficiary of this Sccurity Instrument is MERS (solely as nonllnce for Lender and <br />Lcnder's successors and assigns) and the successors and assigns of MERS. This Security <br />Instrument secures 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 covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Borrower irrevocably gnmts 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 Recording Jurisdiction] (Name of Recording .Turisdiction] <br />The Assessor's Parcel Number (Property Tax lD#) for the Real Property is <br />400203812. See attached legal description <br /> <br />Parcel ID Number: 400203812 <br />4339 W Stolley Park Rd <br />Alda <br />(" Property Address"): <br /> <br />which currently has the address of <br />[Streetl <br />ICity] , Nebraska 68810-9798 IZip Code] <br /> <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />casements, 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 Jaw 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 limitt..J 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 />000657107865 <br /> <br />\Db <br /> <br />Initi.ls: 'Jf,G- <br /> <br />.-6AINE} (0407)01 <br />@ <br /> <br />Page 3 of 15 <br /> <br />Fonn 3028 1/01 <br />