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�01�0�4�9 (P) "Periodic Payment" means the regularly schedule� a�nount due far (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (� 'ZiESPA" means the Real Fstate Settlement Pracedures Act (12 U.S.C. Section 2601 et seq.) and its implementing regulation, Regulation X(24 C.F.R Part 3500), as they might be amended from time to time, or any additional or sucxessor legislation or regulation that governs the same subject matter. As used in this Security Instrument, ��RESPA" refers to all requirements and restrictions that are impos� in regard to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (R) "Snccessor in Interest of Borrower" means any party that has taken title to the Properiy, whether or not that pariy has assumed Borrower' s obligations under the Note and/or this Security Instntmen� TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Security Tnstrument is MERS (solely as nominee for Lender and I.ender' s successors and assigns) and the successors and assigns of MERS. This S�urity Instrament se,cures to Lender: (i) the repayment of the Loan, and a11 renewals, extensions and modifications of the Note; and (ii) the performance of Brnrower' s covenants and agreements under this Security Instrument and the Note. For this purpose, Bonower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following descn�be� property located in the Couaty of Sall . [Type of Recording Jnrisdiction] [Name of Recording 7nrisdiction] LOT ELEVEN (11), BIACR ONE (1), COLONIAL ESTATES TENTH 3UBDIVISION, IN '1'F� CITY OF GRAND ISLAbID, AALL COUNTY, NEBRASR1�l Parcel ID Number: 400350319 3116 MAGNOLIA CT GRAND ISLAND ("PiOpe['ty Addres3"): which currently has the address of [street] [city] , Nebraska 68803 [zip code] TOGETHER WITH all the improvements now ar hereat�er erect� on the property, and all easements, appurtenanczs, and �es now or hereafter a part of the properly. All replacements and additions shall aLso be covered by tlus Security Instrument. All of the foregoing is refened to in this Security Instnmient as the "Property " Borrower understands and agr�s that MERS holds only legal title to the interest grante� by Borrower in this Security Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Leader's successors and assigns) has the right: to exercise �y or all of those interests, including, but not limited to, the right to for�lose and sell the Praperty; and to take any action required of I,ender including, but not limited to, releasing and c�nceling tbis SecuritY r„at,�,t„�t_ 2200142286 NEB�ZASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT Wri'H M9t�S � �-8A(Nq loe� ol Pege 3 of 16 inweie: ��u. � D V6ANE Form 3028 1/01