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241007522 (P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Nate, plus (ii) any amounts under S�ction 3 of this Security Instrument. (Q) "RESPA" zneans 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 arnended 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 imposed in regard to a"federally related mortgage loan" even if the �,oan does not qualify as a"federally related mortgage laan" under RESPA. (R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PR�PERTY The bene�ciary of this Security Instrument is MERS (solely as nominee for L.ender and Lender's successors and assigns) and the successors and assigns of MERS. This Security Instnunent secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the perfarmance of Borrower's covenants and agreernents under this Security Instrurnent and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following desctibed property located in the Caunty of Hall . [Type of Recording Jurisdiction] [Name of Recording Jurisdicuon] Lot Six (6), Houghkirk Subdivisian, in the City of Grand Island, Hall County, Nebraska Parcel ID Number: 400046849 1232 Warren Lane Grand Island ("Praperty Address"): which currently has the address af [street] [Giry] , Nebraska 6$$ O 1 [zip Code] 'I'OG�THER WITH all the irnprovements now or hereafter erected an the property, and all easeznents, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. 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 Tnstrument, but, if necessary to comply with law or custozn, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of thase interests, including, but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling this Security Tnstrument. 2200058738 NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH� �-6A(NE) losio� Page 3 of 15 Initials: � D V6ANE Form 3028 1/�9