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2oioo5o~~ <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 dais Security Instrument. <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 Li-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 legislatian or regulation that governs the satne subject 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 does not qualify as a "federally related mortgage <br />loan" under RESPA. <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF R1GHT5 IN THE PROPERTY <br />The beneficiary of this Security Inslrurnent is Ml~R$ (solely as nominee for Lender and <br />Lender's successars 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 grants 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 jurisdiction] <br />SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART THEREOF. <br />Parc~ID Number: 400091996 which currently has the address of <br />802 LAU33EN AVE [Street] <br />GRAND ]:3LAND [City] ,Nebraska 6$801 [Zip (:ode] <br />("Praperty Address"): <br />'TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, 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 law 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 limited 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 />lnstrument. <br />2300013689 D_V6ANE <br />NEBR4SKA -Single Family -Fannie Mae/Fr®ddle Mac UNIFORM INSTRUMENT WI RS <br />-8A(NE11o810) Pane 3 of 1 6 Initials:. 3028 1101 <br />