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201101522 <br />(P) 'Periodic Payment" means the regularly scheduled amount due far (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(Q) "RESPA" means the Rea1 Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X(24 C.F.R Part 3500), as they might be amended from time to <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As used <br />in this Security Instrument, "RESPA" refers to all requirements and restrictions that aze imposed in regard <br />to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage <br />loan" under RESPA. <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or <br />not that pariy has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiazy of this Security Instrument is MERS (solely as nominee for Lender and <br />Lender's successors and assigns) and the successors aud assigns of MERS. This Security <br />Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (ii) the performance of Borrower' s covenants and agreernents under <br />this Security Instnxment and the Note. For this purpose, Bonower izrevocably grants and <br />conveys to Trustee, in trust, with power of sale, the following described property located in the <br />County of Sall . <br />[Type of Recording Jurisdiction] [Name of Recording 7urisdiction] <br />LOT SEVEN (7), IN CAPITAL HEIGSTS SIXTfl SIIBDIVI3ION, IN THE CITY OF GRAND <br />IS7�AND, HALL COUNTY, NEBRASKA. <br />Parcel ID Number: 400153904 <br />4202 Texas Avenue <br />Grand Island <br />("Property Address"): <br />wluch currently has the address of <br />[street] <br />[City] , Nebraska 69803 [zip Code] <br />TOGETHER WITH all the innprovements now or hereafter etected on the property, and all <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by tlus Security Instrument. All of the foregoing is referred to in this <br />Security Instrument as the "Property." Borrower understands and agrces that MERS holds only legal title <br />to the in.terest grantefl by Borrower in this Security Instrument, 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, including, but not limited to, the right to foreclose and sell the Property; and to <br />take any action required of Lender including, but not ]imited to, releasing and canceling this Security <br />Instrument. <br />2200089266 <br />NEBRASKA - Single Family - Fannie Mae/Freddle Mac UNIFORM INSTRUMENT WITH M <br />�-6A(Nq loa�ol Pape 3 of 75 �nitials: <br />m ,l <br />n�� l <br />C� � <br />D V6ANE <br />Form 3028 1/01 <br />