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201�0804 (P) "Periodic Payment" means the regularly scheduled amount due for (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 Pracedures 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 amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers ta all requirements and restrictions that are imposed in regard to a"federally related rnortgage 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 Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY The beneficzary of this Security Instrument is MERS (solely as nominee for Lender and T.,�nder's successors and assigns) and the successors and assigns of MERS. This Security Tnstrument secures to I.,ender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Borrawer's covenants and agreernents under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Txustee, in trust, with power of sale, the following described property located in the Count�y bf Ha 11 . [Type of Recording Jurisdiction] [Name of Recording 7urisdiction] Lp�' F�'VE (5) , SJ..�pCIC 'TFIREE (3) , WOODLAND PARK FIRST SUBD2VISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA Parcel ID Number: 4 0 0 4 2 3 8 9$ 4163 Texas Avenue Grand Ialand ("Property Address"): which currently has the address of [Street� [Ciry] , Nebraska 6 8 8 0 3 [Zip Code] TOGETH�R WITH all the impravements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instzument. All of thc foregoing is referred to in this Security Instrument as the "Property. " Borrower understands and agrees that MERS holds only legal title to the interest gxanted 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 thase interests, including, but noC liznited to, the right ta foreclose and sell the Property; and to take any action required of L.ender including, but not lirnited to, releasing and canceling this Security Instrument. 2200067769 D V6ANE NEBRASKA - 5ingle Family - Fannie MaelFreddie Mac UNIFORM INSTRUM�N7 WITH MERS� � �-6A�NE) �osiol Page 3 af 15 i��t�ais:� Form 3�28 1/01 �