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�oioo7s9� (P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interesk under the Note, plus (ii) any amoants under Section 3 of this Security Instrument. (Q) "RESPA" means the Real Estate Setdernent Procedures Act (12 U.S.G Section 2601 et seq.) and its irnplementing regulatinn, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that gnverns the sanne subject matter. As used in this Security Instrument, "RESPA" reFers to all requirernents and restrictions that are imposed in regard to a"federally related mortgage loan" even if the Loan does not 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 assumed Borrawer's o6ligations under the Note and/or this Secnrity Instrument. TRANSFER OF RIGHTS IN THE PROPERTY The bene�ciary of this 5ecurity Instrument is MERS (solely as norninee for Lender and T.ender's snccessors and assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modificadons of the Note; and (ii) the performance of Borrower's covenants and agreements nnder this Security Instrument and the Note. For this purpose, Bnrrower irrevocably grants and conveys to Trustee, in trust, with pvwer of sale, the following described property located in the County of Hall • [Type of Recording Jurisdictian] [Name of Recording Jurisdiction] The Assessor's Parcel Numbcr (Propetty Tax ID#) for the Real Property is 400101521. See Attached 8chedule "A" Parcel ID Number: 400101521 260� w. wau�n sc. Grand Island ("Property Address"): which currently has the address of [street] [City) , Nebraska 68$03- [Zip Code� 'TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures nnw ar hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All pf 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 cnmply with law nr custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any ar all of those interests, including, but not lirnited to, the right to foreclose and sell the Frnperty; and to take any action required of Lender including, but nnt limited to, releasing and canceling this Secnrity Instrument. Q01122166041 CitiMortgage 3.2.41.05 V3 N�3FL4SKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INS7RUMQ�'T WIT� � BA(N� �oe�o� Page 3 of 15 iniciais: �"Fsrm 3028 1/01