201201562 - Laserfiche WebLink

Browse

201201562 (N) "M iscellaneous Proceeds" means any compensation,settlement,award of damages,or proceeds paid by any third party(other than insurance proceeds paid under the coverages described in Section 5)for: (i) damage to,or destruction of,the Properry; (ii)condemnation or other taking of all or any part of the Properry;(iii)conveyance in licu of condemnation;or(iv)misrepresentations of,or omissions as to,the value andlor condition of[he Properry. (0) "M ortgage InSUranCe"means insurance protecting Lcnder against the nonpayment of,or default on,the Loan. (P) "Periodic PaymenY' means the regularly sdieduled amount due for(i)principal and interest under the Note,plus(ii)any amounts under Section 3 of this Security Tnstrument. (Q) "RESPA" means tl�e Real Estate Sertlement Procedures Act(12 U.S.C. Section 2601 et seq.)and its implementing regulation,Regulation X(24 C.F.R.Part 3500),as tbey might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter.As uscd in this Securiry Instrument, "RESPA"refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan"even if the Loan docs not qualify as a"federally related mortgagc loan" under RESPA. (R) "5ueeessor in Interest of Borrower"means any party that has taken title to the Yroperty,whether or not that parry has assumed Borrower's obligations under the Note andlar this Securiry Iastrument. Transfer of Rights in the Property The benefieiary of this Security Instrument is MERS(solely as nominee for Lender and Lender's successors and assigns)and the successors and assigns of VIERS.This Security Instrument secures to Lender:(i)the repayment of the Loau,and all renewais,extensions aud modifications of the Note;and(ii}the performance of Borrower's covenants and agreements under this Secutity Instrumeiit and the Note.For this purposc,Borrower irrevocably grants and conveys to Trustee,in t��usC,with power of sale,the followin�describcd property located in the County of Hall . (Type of Recording Jurisdiction) (Name of Recarding.Turisdictfon) LOT 161 IN BUENAVISTA SUBDIVISION, AN ADDITION TO THE3 CITY OF GRAND ISLAND, HALL COUNTY, NESRASKA. 08Q1143364 8801143364 NEBRASKA-Single Family-Fannic Mac,'Freddie M1ia�U\IFORM WSTRl1MENT WITH MERS FotM 302R 1I01 ViNP OO VMPfiA(ISE)(�1 C5) Wollers Kiuwer Financial Services Page 3 of 17