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�0110602� (P) 'Teriodic Payment" means the regularly schedule�i amount due for (i) principal and interest unde� the Note, plus (ii) any amounts under Section 3 of this Security rnctnn„en (Q) "RESPA" means the R�1 Estale Settlement Procedures Act (12 U. S. C. S�.�tion 2601 et seq. ) and its implementing regulation, Regulation X(24 C.F.R Part 3500), as they might be amended from time to time, ar aay additional or successor legislation or regulation that governs the same subject matYer. As used in this Security Instrument, , �RESPA" refers to all requirements and restrictions that are imgosed in regard to a"federally relate,d mortgage loan" even if the Loan does not qualify as a"federally relaterl mortgage loan" under RESPA. (R) "Snccessor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrower' s obligations under the Note and/or this Se�urity Inslrument TRANSFER OF RIGHTS IN THE PROPERTY The beneficiazy of this Security Instrument is MIItS (solely as nomin� for I,ender and Lender' s successors �d assigns) and the successors and assigns of MERS. This Security Instrument secures to I,ender: (i) the repayment of the Loan, and all renewals, exte�nsions and modifications of the Note; and (ii) the performance of Bonower' s coven�nts and agreements under this Security Instciiment and the Note. For this purpose, Brnrower irrevocably grants and conveys to Trustee, in 17vst, with power of sa1e, the following described property loc�ted in the County of Sall . [Type of Recording Jnriediction] [Name of Recording Jnrisdiction] Lot Three (3), in Block Thirteen (13), ia �allich's Addition to the City of Graad Islas►d, Hall Couaty, Nebraska. This is a purchase money Deed of Trust. Parcel ID Number: 400106280 1411 W. 7th Street Graad Island ("Property Address"): which cutrently bas the address of [street) [City] , Neblaska 68801 [Zip Code] TOGETI�R WITH all the improvement� now ar hereafter erect� on the properiy, and all �sem�ts, ePPiutemm�ces, and fixtures now or hereafter a part of the property. All replacements and 8ddltlOIIS 8ha11 aL40 be COV62'C1� � tb13 SeGtltlty Tn.atnrmen All of the foregoing is referred to in this Secittity Instrutnent as the "Properly „ Borrower understands and agrees that MERS holds only legal title to the interest granterl by Barrower in this Sec�ttity Inshvment, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender' s successors �d assigns) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any $ction required of Lender including, but not limited to, releasing and canceling this Security Instrument. 220015521i n v6�. NEBRASKA - Single Family - Fannle Ma�Fraddle Mac UNIFORM INSTRUMENT WIT�I MERS �-6A(Nq (os� o) Pege 3 of 16 i� ��1..• � Form 3028 1/01 �