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�o�ios�4� <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 Procedures 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 Securiry Instrument, "RESPA" refers to a.tl requirements and restrictions that aze 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) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or <br />not that pazty has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiazy of this Security Instrument is MERS (solely as nominee for I,ender and <br />Lender's successars 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, Borrower irrevocably grants and <br />conveys to Trustee, in trust, with power of sale, the following described property located in the <br />County of Ha 11 . <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction] <br />Lots One (1) and Two (2) and the East Twenty-Six (26) feet of Lot Three <br />(3), Block Numbered "B" in First Addition to Wood River, Hall County, <br />Nebraska <br />Parcel ID Number: 400177188 <br />1212 Dodd Street <br />Wood River <br />("Properry Address"): <br />which currently has the address of <br />[Street] <br />[ciry] , Nebraska 68883 [zip code] <br />TOGETHER WITH a11 the improvements now or hereafter erected on the property, and a11 <br />easements, appurtenances, and fixtures now or hereafter a part of the property. All replacaements and <br />additions sha1l also be covered by this Security Instrument. All of the foregoing is referred to in this <br />Security Instrument as the "Properry. " Borrower understands and agrees that MERS holds only legal title <br />to the interest granted by Borrower in this Security Instrument, but, if necessary to comply with law or <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, ihe right to foreclose and sell the Progerty; and to <br />take any action required of Lender including, but not limited to, releasing and canceling this Security <br />Instrument. <br />1I-08-000272 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS <br />�-6A(N� �osao) Page3 of 15 innie�s: Form 3028 1/01 <br />� <br />C�' �- <br />� <br />