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2oiuu4~io (P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest urxler We Nate, plus (ii) ari}+ amounts under Section 3 of this Security Instrument. (Q) "RESPA" paeans the Real Estate Settlement Procedures 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 ar successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are unposed in regard to a "federally related mortgage lean" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (R) "5accessor in Interest of Borrower" means any party that has taken title to the Property, whether ar pat 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 Instrument is MFRS (solely as nominee far Lender and. Lender's successors and assigns) and the successors annul assigns of MElf,S. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Nate. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the CgUnty of Hall ['Type of Recording 7urisdictionJ [Name of Recording IurisdictionJ SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. SUBJECT TO COVENANTS OF RECORD. Parcel ID Number: 400026171 2716 Brentwood Blvd Grand Island ("Property Address"): which currently has the address of (Street] [r~Y] ,Nebraska 68801 [Zip Codel TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security lnstrurnent. All of the foregoing is referred to irr this Security Instrurr~nt as the "Property." Borrower understands and agrees that MFRS holds only legal title to the interest granted by Borrower iu this Security Instrument, but, if necessary to comply with law or custom, MFRS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any ar all of those interests, including, but not limited ta, the right to foreclose and sell the Property; and to take a~ action required of Lender i~luding, but not limited to, releasing and canceling this Security Instrument. NEBRASKA - Single Family -Fannie Mae/Fraddie Mac UNIFORM INSTRUMENT WITH $ -6A(NE- ios7o~ Pape 3 of 75 i";tia~; Form 3028 7/07 ~I Ir~lll~ll~l ~III~INII~I~I