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201007997 <br />(P) "Periodic Payment" rneans thc regularly scheciuled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instruinent. <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U. S. C. Section 2601 et saq. ) and its <br />implementing regulation, Regulation X(24 C.F.R Part 3500), as they might be amended from� time to <br />t�ime, ar any additianal or successor lagislation or regulation that governs the same subje:ct matter. As used <br />in this Security Tnstrument, "RESPA" refers to all requirements and restrictions that are impased in regard <br />to a"fe�ierally related mortgage loan" even if the I..oan does not qualify as a"federal].y rela�tsd mortgage <br />loan" under RESPA. <br />(R) "5uccessor in Interest of Borrower" mesns any party that has taken title to the Property, whether ar <br />not that party has assumed Horrower' s obligations under the Note and/or this Security Instrument. <br />TR.ANSFER OF RIGHTS IN THE PROPERTY <br />The bene�iciary of this Security Instrument is MERS (so1B1y as nomin� far Lender and <br />Lender' s successors and assigns) and the successors and assigns of MERS. This Se�urity <br />Ins�vment secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (ii) the perforn�ance of Borroweir' s covenants and agreementa under <br />this Security Insb. and the Note. For this purpose, Horrower irrevocably grants and <br />conveys to Trustee, in trust, with power of sale, the following described property located in the <br />County of sali . <br />[Type of Recording Jurisdicrion] [Namo of Recording 7uri�diction] <br />Lat Faurteen (14), =sland Acres Number 7, Grand Yaland, Sall County, <br />IQabraskm <br />"This is a purchaae monay rieed of '�ruat." <br />Parcel ID Nutxabec: 400049139 <br />3011 1�. 3tate Street <br />Grand Ialar►d <br />("Property Address"): <br />which currently has the address of <br />[5treet] <br />[City] , Nebraska 6$B03 [zip Code] <br />TOGETHER WITH all the improvements now or hereafter �rected on the properly, an.d all <br />easements, appurtenances, aud fixtures now or hereafter a part of the properiy. All replacements and <br />additions shall also be coverad by this Security Instrument. All of the foregoing is referred to in this <br />Security 7nstrument as the "Property." Borrower understands and agrees that MERS holds only legal t�tle <br />to the interest granted by Borrower in this Security Ins�rument, but, if necessary to cornply with law ox <br />customi, MERS (as nominee for Lender and Lender' s suc�essors and assigns) has the right: to eaGercise any <br />or all of thase interests, including, but not liznixed to, the right to foreclose and sell the Properiy; and to <br />take any action required of Lendec including, but not limited to, releasing and canceling this Security <br />Instrument. <br />2200079023 D V6AN� <br />NEEF2ASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT WITH MFRS <br />�-BA(NE) loeio) Pepe 3 a} 15 Initlele: � Form 3028 1/01 <br />� <br />