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�aioo7�ss (� "Feriodic Payment" means the regularly scheduled amount due far (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (Q) "RESPA" means 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 rnight be amended from time to tirne, or any addition.al or successar legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirernents and restrictions thac are imposed in regard to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related martgage loan" under RESPA. (R) "Successar in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assurned Borrower's obligations under the Note and/or this Security Instrument. TRANSF�R OF RIGHTS IN THE PROPERTY The beneficiary af this Security Instrument is MERS (salely as naminee for Lender and Lender's successors and assigns) and the successors and assigns of MERS. This Secuarity Instrument secures Co 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 Instrurnent and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of Hall . [Type of Recording Jurisdicuon] [Name of Recording Jurisdicdan] LOT THIRTY SIX (36), POTASH SUBDIVISION, IN THE CITY OE GRAND ISLANI7, NAT• COUNTY, NEBRASKA Pazcel ID Number: 4 0 015 9 619 4018 Reed Road Grand Tsland ("Property Address"): which currently has the address of [Street] [cicy� , Nebraska 68803 [Zip Code] TOGETHER WITH all the irnprovements now or hereafter erected on the property, and a11 easernents, appurtenances, and fixtures naw ar 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 Che interest granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and ta take any action required of Lender including, but not limited to, releasing and canceling this Security Instrument. z20005a�a5 NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFpRM INSTRUMENT WITM MERS �-6A�NE) �oaiol Page 3 of 15 Initlals: �'u )� m �� D V6ANE Form 3U28 1/01