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201108353 (P) "Periodic Payment" means the regularly schefluled amount due for (i) principat and interest unc� the Note, plus (ii) any amounts under Section 3 of this Security Instr�ment. (� "RESPA" means the Rea1 Estate Settlement Procedures 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 tit� to time, or any adclitional or successor legislation or regulation that governs the same subject matter. As used in tlus Security Instrumex►t, °RESPA" refers to all requirements and restrickions that are imposed in regard to a"federally related m�tgage loan" even if the Loan dces not qualify as a"federally related mortgage loan" under RESPA. (R) "Snccesaor in Interest of Borrower" means any parly that has taken title to the Property, whether or not that party has assumed Bonower' s obligations imder the Note and/ar this Security Instrument TRANSFER OF RIGHTS IN THE PROPERTY The beneficialy of this Security Instrument is MERS (solely as nominee far I.ender and Lender's successors and assigns) and the successors and assigns of MERS. This Security Instrument s�ures to Lend�er: (i) the repayment of the Loan, and all reneuvals, extea►sions and modifications of the Note; and (ii) the perfarmance of Borrower' s covenants and agree�nts unde�' this Security Instru�nt and the Note. For ttris purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following descxibe� prol�ertY located in the County of � . [Type of Recording Jurisdiction] [Name of Recording 7urisdictionj IAT MINBTEEN (19), A�RICAN INDEPENDENCE SUBDIVISION, IN THE CITY OS GRAND ISLAND, HALL COUNTY, 1�iEBRASKA. Parcel ID Number: 400418118 1403 Iadependence Avenue Graad Island ("Property Address"): which currently has the ad� of [�I [city] , Nebraska 68803 [Zip Codel TOGETHER WITH all the improvements now ar hereafter ere� on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the faregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrces that MERS holds only legal title to the interest granted by Borrower in this Security Instnxment, but, if necessarY to comply with law or custom, MERS (as nominee for Lender and Lender' s successors and assigns) has the right: to exercise any ar all of those interests, including, but not limited to, the right ta foreclo� and sell the Px'oPertY� az�d to take any action require�i of Lender including, but not limited to, releasing and cancelin8 this Securit5' Instrnment. 220017310? NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH, II � �$A�NE� (0810) Pape 3 of 15 Initiab: �A C� m n v6a� Fortn 5028 1/0!