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2oiooos5s <br />(P) "Periodic Payment" 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 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 time, <br />or any additional or successor legislation or regulation that governs the same subject matter. As used in this <br />Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a <br />"federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" <br />under RESPA. <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not <br />that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MFRS (solely as nominee for Lender and <br />Lender's successors and assigns) and the successors and assigns of MERS. This Security Instrument <br />secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications <br />of the Note; and (ii) the performance of Borrower's covenants and agreements under this <br />Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described property located in the <br />PUBLIC RECORDS of HALL COUNTY <br />[Type of Recording 7nrisdiction] [Name of Recording jurisdiction] <br />LOT ONE t1). SETLIK SUBDI'V'ISION. IN THE CITY OF BRAND ISLAND. <br />FT~,LL COUNTY , NEBRASKA <br />THIS IS A PURCHASE MONEY DEED OF TRUST <br />Parcel ID Number: TBD <br />111 W 17TH STREET <br />GRAND ISLAND <br />("Property Address"): <br />which currently has the address of <br />[Street] <br />[City] ,Nebraska 6 8 8 01 [Zip Code) <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part of the pxoperky. All replacements and additians shall also <br />be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the <br />"Property." Borrower understands and agrees that MERS holds only legal title to the interest granted by <br />Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee Far <br />Lender and Lender's successors and assigns) has the right: to exercise any or all of those interests, including, <br />but not limited to, the right to foreclase and sell the Property; and to take nay action required of Lender <br />including, but not limited to, releasing and canceling this Security Instrument. <br />NEBRASKA - Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT MERE <br />~$A(NE) tosloi Page3af15 initials: Form 3028 1ro1 <br />