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200909726 (P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ri) any amounts under Section 3 of this Security IrrStnmient. (Q) "RESPA" means dre Real Estate SeWennent Procedure Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X (24 C.F.R Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RF,SPA" refers to all requirements and resiricdon that are imposed in regarxl to a "federally related mortgage loan" even if the Loan does rnot qualify as a "federally related mortgage loan" under RESPA. (R) "Successor in Interest of Borrower" means arty party that has taken tide to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Security Inhvment is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MERS. This Security Instinnrment secures to Lender: (i) the repayment of the Lowry and all renewals, extensions and modifications of the Note; and (d) the performaurce of Borrower's covenants and agreements under this Security Intrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in 1r7rs1, with power of sale, the following described property located in the County of Hall [Type of 12ecord;ng ,Jurisdiction] see attached legal [Name of Recardiug Jurisdiction] Parcel ID Number: 10(18 W 6TH ST GRAND ISLAND ("Property Address"): which currently has the address of [Street] [city] , Nebraska 68801-4428 [7.ip cede] TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fAxtures now or hereafter a part of the property. All replacements and addition shall also be covered by ties Securii h~slrtunent All of the foregoing is referred io in this Security Instrument as the "Property." Borrower urrclerstands and agrees that MERS holds only legal title to the interest granted by Borrower in this Security Irrst,vment, but, if necessary b comply with law or custom, MERS (as nominee for Lender and Lender's successors and assign) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any acfion required of Lender including, but not limited to, releasing and canceling this Security Instrument. 001120991870 CitiMortgage 3.2.27.13 V5 NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFQRM INSTRUMEN TH MERS -BA(NE) (0810) Page 301 15 iW1~a Form 3028 1 /01