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�oioos79i (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 lustrument. (Q) "RESPA" means the Real Estate Settlemez►t Procedures Act (12 U.S.C. Section 2601 et se�.) a�ad its implementing regulatron, Regulatron X(24 C.F.R Part 3500), as they rnight be amended from time to time, or any addrtional or successor legislation or regulation that governs the same subject matter. As used in this Security instrument, "RESPA" refers to all requirements 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 lnterest of Borrower" means any party that has taken title to the Property, whether or not that pazty has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this 5ecurity Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successocs and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensrons and modifications of the Note; and (ii) the performance of Borrowex's covenaets and agreeaments under this 5ecurity Instrument and the Note. For this purpose, Borrnwer irrevocably gra►ats and conveys to Trustee, in trust, with power af sale, the following described property Iocated in the County of Hall : [Typa of Recording ]urisdicHon] [Name oF Recording Jurisdictian] zo�s orr� �i� �m �rwo �2� , ax,ocx EiGx� (a) ,��oRC� z,o,�x�s susnzvzszorr, zN THE CITY O�' GRAND ISALND, HALL COLTNTY, NEBRASKA. Parcel ID Number: 400060566 623 E. 14th Street Grand Island ("Property Address"): whick► currezttly has the address of [5treet] [ci� , Nebraska 68801 [Zip Code] TOGETHER WITH all the improvements now or hereafter erected on the property, and all. easements, appurtenances, and fixtures now ar hereafter a part of the praperty. All replacements and additions shall also be covered by this 5ecurity Instrument. All of the foregorng is xeferred to in this Security Instrument as the "Property." Borrower understands and agrees that MERS holds only l.egal title to the interest granted by Borrower in this Securrty insttument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender' s successors and assigus) has the right: to exercise any or all of those interests, including, but not limited to, the right to fareclose and sell the Property; and to take any action re�uired of Lender including, but not lirnited to, releasing and cancelrng this Security Instrument. 2200072053 D V6ANE NEBRASKA - Single Family - Fannle Mae/Freddie Mac UNIFORM INSTRUMFNT WITH M� �-6A(NE) �oaio� Pape 3 of 15 m�vais: �T b Form 3028 1/01 <R>