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201200640 (N) "M iscellaneous Proceeds" means any compensation,settlement,award of damages,or proceeds paid by any third parry(other than insurance proceeds paid nnder the coverages described in Section 5)for.(i) damage to,or destruction of,the Property;(ii)condemnation or other taking of all or any part of tlie Properiy: (iii)conveyance in lieu of condemnation;or(iv)misrepresentations of,or omissions as to,the value and�or condition of the Property. (0) "M ortgage Insurante" means insurance protecting Lender against the nonpaytnent of,or default ou,the Loan. (P) "Periodic PaymenY'means the regularly schedulcd amount due for(i)principal and interest under the Note,plus(ii)any amounts under Section 3 of this Securiry Instrument. (Q) "RESPA" means the Real Estate SetClement Procedures Act(12 U.S.C. Section 2601 et seq.)and its implementing regulation,Reautation X(24 C.F.R.Part 3500),as they might be asnended fi'om time to time, or any addirional or successor legislation or regulation thal goveins the same subject matter. As used in this Security Ins[riunent, "RESPA"refers to all requirements and restrictions that are imposed in regard to a "federally rzlated mortgage loan"even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (R) "Successor in(nterest of Borrower"means any parry that has taken title to the Pruperty,whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. Transfer of Rights in the Property The beneficiary of this Security Instrument is MERS(solely as nominee for Lender and Lender's successors and assigns)and the successors and assigns of MERS.This Security Instrument secures to Lender: (i)the repayment of the Loan,and all renewals,extensions and modifications of the Note;and(ii)the performance of Borrower's covenants and agreements under this Security Instrument and the Note.For this purpose,Borrower irrecocably �ants and conveys to Trustee,in trust,with power of sale,the follow�ng described properry located in the County of Hall . (T}pe of Recording Jurisdicaion) (sbnme of Recording Jurisdiction) ALL THAT PART OF LOT NINETEEN (19) GBER SUBDIVISION WI32CH IS SOUTH OF THPs SOUTH LINE OF 20TH STREET IN THE CITY OF GRAND ISLIiND HALL COUNTY NEBRASRA EXCEPTING THEREFROM A CERTAIN TRACT AS SAOWN IN WARRAN'PY DEED IN BOOR 160 PAGE 608. 88G1728567 8801128567 NE8ftR,5KA-Single Fam�ily-Fznn�ic Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS Form 3028 1101 VMP�,i` VMPfiA�NE�(1105j W olters Kluw er Finencial Services Page 3 ot 17