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201201354 <br /> (N) "M iseellaneous Proceeds" meuns any compensation, settlement, award of damages, or proceeds paid by <br /> any rhird parry(otl�er dian insurance proceeds paid under the coverages desa�i6ed in Section 5)for: (i) <br /> damage tq or deshvction of, thc Property; (ii) condcu�nation or othcr taking of all or any part of thc <br /> Property; (iii)conveyance in lieu of condemnntion; or (iv)misrepresentationd of; or omissions ns to, fhe <br /> value and/or cor�dition of the Properfy. <br /> (0) "M OrtgOgC InSUrance" means insurancc protecting Lcndcr against the nonpayment of, or default on, the <br /> Loan. <br /> (P) "Periodic PaymenY' means the regularly scheduled amouut due for(i)principal and interest under the <br /> Note, plus(ii)a�ry amounts under Section 3 of this Security instiument. <br /> (Q) "RESPA" means the Rcal Estate Settlement Procedures Act(l2 U.S.C. Section 2601 et seq.)and its <br /> implemenung regulation, Iiegulation X(24 C.F.R. Part 3500), as they might be amended from time to time, <br /> or xny additional or successor legislation or regulation that goveros the same subject matter. As used in this <br /> Security Instnune��t, "RESPA" refers to all requiremevts and restrictiovs that are imposed in regazd to a <br /> "feilerally rela[ed mortgage loan" even if the Loan does not qualify as a"federally retated mortgage loan" <br /> under RESPA. <br /> (R) "Sueeessor in Interest of Borrower' means nny pariy that has taken title w the Property, whether or no� <br /> that parry has assumed Sorrower's obligations under the Note and/or this Security Tnstrument. <br /> Transfer of Rights in the Property <br /> Thc bcncficiary of this Security Instniment is MCRS(soLely as nominee for Lender and Lender's ducceysors and <br /> assigus)and the successors and assigns of MF,RS. This Security instrument secures to T,ender: (i) the repayment <br /> of the Loa�t, and all renewals, extensions and�nodifications of the Notc; and(ii)tJie performance of Borrower's <br /> covcna��ts aud agiccmcn[s under[his Security Insh�ument and the Note. For this purpose, Bon-owcr irrevocably <br /> grants and conveys to Trustee, in trust, with power of sale, the Following describeA property located in the <br /> County of Hall . <br /> (7ype of Recordrng JurisdicfronJ (Name of Recordi�zg Juri.rdiction) <br /> LOT SEVEN (7) IN BLOCK ELEVEN (11) IN UNIVBRSITY PLACS AN ADDITION TO THE CITY <br /> OF GRP.ND ISLAND HALL COUNTY NEHRASAA. <br /> 8801151828 8801151B29 <br /> NEBRASKA-Slnqle Pamity-Fannia Maelf�atldie MdC UNIFORM INSTRUMENT W RH MERS Po�m 3028 1101 <br /> VMP� VMP6A(NE)�1105) <br /> VJnite,�x Kluvver Financial Services FaAP 3 of 1] <br /> ��I V <br />