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201102962 <br />(P) 'Terlodic Payment" means the regulazly scheduled amount due for (i) principal and interest undez the <br />Note, plus (ii} any amounts under Section 3 of this Security Instrument <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Secrion 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 addirional or successor legislarion or regulation that governs the same subject matter. As used <br />in tlus Security Instrument, "RESPA" refers to all requirements and res�rictions that aze imposed in regard <br />to a"Fedetally 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 tifle to the Property, whether or <br />not that pazty has assumed Horrower's obligations under the Note and/or this Security Insh��mment. <br />TRANSFER OF ffiGEiTS IN THE PROPERTY <br />The beneficiary of this Security inatr�,,,enr is MERS (solely as nominee for Lender and <br />Lender's successors and assigas) and the successors and assigns of MERS. Tlus 5ecurity <br />Insttument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (ri) the performance of Borrower's covenants and agreements under <br />tlus Security Instrument and the Note. For tlris purpose, Borrower irrevocably grants and <br />conveys to Trustee, in trust, with power of sale, the following described properry located in the <br />county of sall • <br />[Type oE Recording Jurisdictionj [Name of Recordiag Jurisdiction] <br />See attached Hxhibit 'A� <br />Pazcel ID Number: 400429105 wluch currently has the address of <br />4139 Iowa Aveaue [Street] <br />Gxand Island [City],NeblaSka 68603 (ZipCode] <br />("Properiy Address"): <br />TOGETHER WIT'H all the improvements now or hereafter erected on the properiy, and all <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and <br />addirions sliall also be covered by this Security Ins�ument. All of the foregoing is referred to in tlus <br />SecuriTy Instrument as the "Property." Bonower understands and agces that MERS holds only legal title <br />to the interest granted by Borrower in this Security Iushziment, but, if necessary to comply with law or <br />custom, MERS (u nominee for Lender and Lender's successors and assigns) has the right: to exercise any <br />or all of those interests, iucluding, 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 aad canceling this Security <br />Instirument. <br />10-12301 <br />NEBRASKA - Single Family • Fannie Mas/Freddk Mac UNIFORM INSTRUMENT WITH MERS <br />�•BA(NE) �oa�o� � ras•a ot is u,w,r: Form 3028 1/01 <br />�� � � <br />