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2oioo�soo (P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under tlae Note, plus (ii) any amounts under Section 3 of this Security Tnstrurnent. (Q) "RESPA" means the Real Estate Settlemetrt Procedures Act (12 U. S. C. Section 2601 et saq. ) and its rmplementing regulatian, Regulation X(24 C.F.R Part 3500), as they might be anaended from time to tirne, or any additional or successor legislation or regulation that governs the saine srxbject matter. As used in this Security Instrument, "RESPA" refers ta all requirements and restrictions that are irnposed in regard to a"federally relate�i 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 tha Praperty, whether or not that party has assumed Borrower' s obligations under the Note and/or this 5ecurity Instiument. TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Seeurity Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successars and assigns of MERS. 'This Security Instrurnent secures to Lender: (i) the repayment of thc Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrower' s covenants and agre�aments utLder this Security Instrument and the Note. For this purpose, Horrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property locataci in the County of Aall . [Type of Recording 7urisdiction] [Namo of Recvrding 7urisdiction] Lot Seven (7), Jamsan Subdivieian, to the City cf Grand Isla.and, �all Courity, Nebraska Parcel ID Number: 400049856 418 � , �ela�►are Ave Grand Taland ("Property Address"): which currently has the address of [Street] [City] , Nebraska 69801 [Zip Code] TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and �xiures now ar hereafter a part of the property. All replacem�nts and additions shall also be covered by this Security Instrument. All of the foregoing is referrad to in this Security Instrurnent as the "Property." Horrower understands and agrces that MEItS holds only legal title to the interest granted by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for L,ender and Lender's succegsors and assigns) has the right: to exercise any or all of tk�ose interests, including, but not limited to, the right to foreclose and sall the Property; and to take any actian required of Lender including, but not lirnited to, releasing and canceling th.is Security Instrument. 22000'76996 D V6ANE NFBRIISKA - Single Family -�annle MaeJFreddle Mac UNIF017M IN37RUMENT WI"f (�-6A(Nq �oeiol Papa 3 Of 15 in�dais: � Form 3028 7/p1 �