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2011021�� <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(Q) 'RESPA" means the Real Estate Settlement Frocedures 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 are 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) '5uccessor in Interest of Borrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Bonower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nominee 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, extensions <br />and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Bonower inevocably grants and <br />conveys to Trustee, in trust, with power of sale, the following described property located in the <br />County of Hall - <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction] <br />LOT FIVE (5), IN BLOCK ELEVEN (11), IN A3HTON PLACE, AN ADDITION TO THE <br />CITY OF GRAND I3LAND, HALL <br />COUNTY, NEBRASKA. <br />BEING THE 3A1� PROPERTY CONVEYED TO HECTOR A. LIl'�Il�1 BERMUDEZ AND CHABELLA <br />A. BERMUDEZ, HU3BAND AND WIFE, A3 JOINT TENANT$, ALL OF THEIR RIGHT, <br />TITLE AND INTERE3T, BY VIRTUE OF THE DEED RECORDED 05/21/2008 IN <br />IN3TRUMEIQT 20080442 , IN THE REGI3TER'3 OFFICE OF HALL COUNTY, NEBRASKA. <br />Property Identifier: 400011581 <br />Parcel ID Number: 4000115B1 <br />2419 W DIVI3ION 3TREET <br />GRAND I3LAND <br />("Property Address"): <br />which currently has the address of <br />[Street] <br />[City] , Nebraska 68803 (zip Code] <br />TOGETHER WITH all the improvements now or hereafter erected 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 this Security Instrument. All of the foregoing is referred to in this <br />Security Instrument as the "Property." Bonower understands and agrees that MERS holds only legal title <br />to the interest granted by Bonower in this Security Instrument, but, if necessary to comply with law ar <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 limited to, releasing and canceling this Security <br />Instrument. <br />7111625377 , ` n 1101074001 <br />Initials. Y. \ V�� <br />�-6A(NE)�oao��.o� P�e 3 of 15 � � Form 3028 1/01 <br />m <br />