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201007373 <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 />(~ "RFSPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementi~ regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument. "RESPA" refers to all requirements and restrictions that are imposed in regard <br />tv 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 Harrower" means any party that has taken title to the Property. whether ar <br />not 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 <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 ltccooding Jurisdiction] <br />SUITE NO. OAt~ (1) . THE APPLEtPOOD COI~iDCMINIUM PROPERTY REGIS T, IN T~ <br />CITY OF GRAND ISLAND, HALL COUNTY, NEHRA3ICA. <br />Parcel ID Number: 400017873 which currently has the address of <br />603 N OUSTER AVE [Street) <br />GRU1D ISLfi1~ID [city] ,Nebraska 68803 [~ Code) <br />(".Property Address"): <br />TOGETHER WITH all the improvements now ar hereafter erected on the property, and all <br />easements, appurtenances, and fixtures rmw 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 grouted 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 />ar all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to <br />take a~+ action required of Lender including, but not limited to, releasing and canceling this Security <br />Instrument <br />~. <br />- 2300015458 L~ry D_V6ANE , <br />NEBIi4SKA - Single Family - Fannla MaelReddla Mac UNIFi~RM INSTRUMENT WITH MERS ~` <br />~~8A1NE)toato- P"o. a or t s i„~nei.: J~}~ Forth 5028 1/01 <br />