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241�056�� <br />(P) '�'eriodic Payment" means the regularly scheduled a�iount due for (� principal and interest under the <br />Note, pius (zi) any amounts undez Seaion 3 of this Seciu�ity Instrument <br />(t�} '72.ESPA" means the Reat Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing ragulation, Regulation X(24 C.F.R Part 3500), as they might be ameaded from time to <br />time, or any addittional or successor legislation or regula�ion that governs the same subject matter. As used <br />in this Se�urity Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard <br />to a"f�i�y related mortgage loan" even if the I.oaa does not qualify as a"federally related mortgage <br />loan" under RESPA.. <br />(R) "Snccessor in Tnterest of Borrower" means any party that has taken titte to the Pzoperiy, whether or <br />not �hat party has assumed Borrower's obligations under the Note aad/or this Security Imstn.unemt <br />TKANSFER OF RIGHTS IN TI� PROPER.TY <br />T'he beneficiary of this Se�urity Instrument is MERS (solely as nominee foz Lend� and <br />Lender's successors and assigns) and the succ.essars and assigns of MERS. Tfus Sec�mty <br />Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications af the Note; and (u7 tb�e performaace of Bonower's covenants and agreemeuts under <br />tius Security Instzument and the 1Vote. For tivis purpose, Borrower irrevocably g�rattts and <br />conveys to Truste.e, in trust, with pawer of sale, ths following descnbexi prope�ty located 'm the <br />County of BaZl . <br />(Type af Recording 7vrisdicdon] jName of Recorfling Jurisdiction] <br />� wES�zY or� ��r�./2� o� �.o� "Fn� �s� , na s�acx zwo (z) , rN sp,unv � s <br />SECOND ADbITION TO T� CITY OF GRA11ID ISLAND, BALL CtJUNTY. <br />Parcei ID Number: 400042355 <br />204 E. Koenig Street <br />Graad Island <br />("Property Address"): <br />which currently �as ttie address of <br />[Street) <br />[City] , Nebxaska 68801 [Zip Code] <br />TOGF.THER WITH all the improvements now or hereafter erected on the property, and all <br />easements S�µ(`.FII�,IICEr� and fixtures now or hereafter a part of the property. All replacements and <br />additions shall also be covered by this 8ecurity Instrumem. All of the foregoing is referred to in tlus <br />Sec�.ux#y Instrument as the "Property." Borrower understands and a$rees that MERS holds only legat tide <br />to the intex� granted by Boaower m this Security Instnime�k, but, if necessary to comply with law or <br />custozn, MERS (as nominee for Lender and Lender's successors and assigns) has the ri�ht: to exercise �aay <br />or all of those interests, including, but not limited to, the right #o foreclose and sell the Property; and to <br />take aay action required of Lender includin�„ but not limited to, releasing and c�aceling this Security <br />Instrument. <br />2200199668 D V6ANE <br />N�RASiCA - Single FamAy - Fannte MaelFreddie Mac UNIFORM INSTRUMENT WRH M ` f — <br />�=6A{NE) ios�o� Page 3 of i6 tnru�ta �C'��' Form 3028 9109 <br />� <br />