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20��oo�s� <br />(P) "Periodic Payment" meaus the regularly scheduled amount due for (i) prrncipal and interest under the <br />Nota, plus (rr) any amaunts under Section 3 of this 5ecurity Inst�wnent. <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Sactian 2601 et seq.) and its <br />implementing regulatron, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to <br />time, or any additzonal or successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument, "RESPA" reFers to all requirements and zestrictions that are rmposed in regard <br />ta a"federally related mortgage loan" even if the Loar► daes not qualify as a"federally related mortgage <br />loan" under RESPA. <br />(R) "Successor in Interesk af Borrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and/or t}vs Security Instrument. <br />TRAN5FER OF RIGHTS IN THE PROP�RTY <br />Tha beneficiary of this Security Instrument is MERS (solely as nominae for Lender and <br />Lender's successors and assigns) and the successors and assigns of MERS. This Security <br />Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensipns <br />and modifications of the Note; and (ii) the performance af Borrower's covenants and agreements under <br />this Security Tnstrument and the Note. For this purpose, Barrower irrevocably grants and <br />conveys to Trustee, in trust, with power of sale, the following described property located in the <br />Caunty of x$ii . <br />[Type of Recording durisdicrion] [Name qf Recording ]urisdiction] <br />IAT TWO (2), KALL05 SUBDIVISION, IN THE CITY OF GRAND ISLAND, FIAI.L <br />C�UNTY, NESRASKA <br />Parcel TD Number: 400050595 <br />2916 w. North Front Street <br />Grand Island <br />("Property Address"): <br />which currently has the address of <br />[sveec] <br />[c�ri� , Nebraska 68803 [�ip Code] <br />TOGETHER WITH all the improvements now or h�reafter erected on the prqperty, and all <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall als� be covered by this Security Instrument. All of the foregoing is referred to rn this <br />Security Tnsttu�ment as the "Property." Borrawer understands and agrees that MERS holds only legal title <br />to the interest grante� by Sorrower in this Security instrumer�t, but, if necessary to comply with law or <br />custom, MERS (as nominee for Lender and Lender' s successors and assigns) has the right: to exercise any <br />or all of those interests, r»cluding, but not limited to, the right to foreclase and sell the Property; aud to <br />take any actron required of Lender including, but not lrrnrted to, releasing arxd canceling tk�is 5ecurity <br />Instrument. <br />22p0094632 <br />NEBRASKA - Single Family - Fannle Mae/Freddie Mac UNIFORM INSTRUMENT WIT J <br />�-BA,NEa (0810) Page 3 af 75 Initiel�/L��6� <br />c9 � <br />D V 6AN'E <br />Form 3026 1I01 <br />