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201007431 (P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security InsCrument. (Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2dQ1 et seq.) and its implementing rsgulation, Regulation X(24 C.F.R. Part 3500), as they might be amended frorn time tp time, or any additipnal or successar legislatian or regulation that governs the same subjecC matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a"federally related mortgage loan" even if the Loan daes nat qualify as a"federally related mortgage loan" under RESPA. (R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assurned $prrower's abligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN. THE FROFERTY The bene�ciary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MERS. This Security Instrument secures ta Lender: (i) the repayment of the Loan, and all renewals, extensions and mpdifications af the Npte; and (ii) the performance of Borrower's cavenants and agreements under this Security Instrurnent and the Note. For this purpase, Borrower irrevocably grants and conveys to Trustee, in trust, with ppwer of sale, the follawing described property located in the Coun�y of Hall . [Type of Recording Jurisdiction] [Name of Recording Jurisdiction] SEE EXHIBIT "A" AT7ACHED HERETQ AND MADE A PART HEREOF. SUBJECT TQ COVENAN7S OF RECQRD. Parcel ID Number: 904 E South S�. ("ProperCy Address"): 400449870 Grand Island which currently has the address of [Street] [C�ry] , Nebraska 68801 [Zip Code] TOGETHER WITH all the improvements now or hereafter erectsd on the property, and all easernents, appurtenances, and �xtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrurnent. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrees that MERS holds only legal title to the interest granted by Borrower in this Security Instrument, but, if necessary to coxnply with law or custom, MERS (as nominee for L,ender and Lender's successors and assigns) has the right: to exerciss any or all of those interests, including, but not limited to, the right to foreclose and sell the Prpperty; and to take any action required of Lender including, but not limited to, releasing and canceling this Security Instzument. NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS �-6AINE) lo8tol Page 3 of 15 Initi8ls: � Porm 3028 1/01 III (III'IIII IIII'llllll III'IIII IIIIIIII IIIII II III q03225353048 0233 220 0315