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�O�iQ�Q7� <br />(P) "Pedodic Payment" means the regularly scheduled amount due for (i) principal and interest unde� the <br />Note, plus (ii) any amounts under Section 3 of this Security Instruimment. <br />(� 'ZtESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulaiion X(24 C.F.R Part 3500), as they might be amended from time to <br />time, or any additional or successor legislation ar regulation that governs the same subje,ct matter. As us� <br />in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard <br />to a"federally rela.ted mortgage loan" even if the Loan does not qualify as a"federally related mortgage <br />loan" under RESPA <br />(R) "Snccessor in Interest of Borrower" means any party that has taken title to the Properiy, whether or <br />not that parly has assumed Borrower's obligations under the Note and/or ttris Sec�uity Tn.ctY,,,,,e►±t <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiazy of this Se�urity Instrument is MERS (solely as nominee far Lender and <br />Lender' s successors and assigns) and the successors and assigns of MERS. This Security <br />Instrament secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and madifications of the Note; and (u) the performance of �rrower' s covenants and agre,ements undea <br />this Security Instrument and the Note. For this purpose, Brnrower irrevacably grants and <br />conveys to Trustee, in trust, with power of sale, the following described properiy locateri in the <br />County of Bali . <br />[Type of Recording Jarisdiction] [Name of Recording 7nrisdiction] <br />LflT NINL (9) , BI�OQC TWO (2) , WOODLAND PARK FIRST SUBDIVISION, IN THE CITY <br />OF GRAND ISLAND, EALL COIINTY, NEBRASRA <br />Parcel ID Number: 400423820 <br />4188 Teuas Avenue <br />Graad Island <br />("Properiy Address"): <br />which currently has the address of <br />[streec] <br />[City) , Nebrasks 68803 [zip Code] <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all <br />easements, appurtenances, and fixtures now or hereafter a paz�t of the properiy. All replacements and <br />additions shall also be covered by this Security Instniment. All of the foregoing is referred to in this <br />S�urity Instrument as the "Property." Borrower understands and agrees that MERS holds only legal title <br />to the interest grante� by Borrower in this Security Insirument, but, if necessazy to comply with law or <br />custom, MERS (as nominee far Lender and Lender' s successors and assigns) has the right: to exercise any <br />or all of those interests, including, but not limited to, the right to for�lose and sell the Property; and to <br />talce any action re�uired of Lender including, but not limited to, releasing and canceling this Security <br />Instrument. <br />2200173281 D V6ANE <br />NEHRASKA - Single Family - Fannle Mae/Fr�eddle Mac UNIFORAA INSTRUMFNT WRH MER.S <br />�-6A(NF� 1oa�o) Page 3 of 16 i„�� '�� Y1'►"1 Form 3028 1/01 <br />