201202724 - Laserfiche WebLink

Browse

��2� (N) "Mlscellaneous Pr�e�cls" 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) daznage to, or destruction of, the Property; (ii) condemnation or other taking of a11 or any part of the Properiy; (iii) conveyanca in lieu of condemnarion; or (iv) misrepresentarions o� or omissions as to, the value and/or condition of the Properiy. (0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (P) "Periodic Paymerrt" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Inst�ument. (Q) "RESPA" means the Real 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 time to time, or any additional or successor legislation or ragulation that governs the same subject matter. As use� in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan daes not qualify as a"federally relat� mortgage loan" under RESPA. (I� "Succ.essor In Irtterest of Borrower" means any parly that has taken title to the Properiy, whether or not that party has assumed Bonower' s obligations under the Note and/or this Security Instrumen� Transfer of Rlghts in the Property The beneficiary of this Security Insbnunent is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MERS. Tlus 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 Bonower's covenants and agreements under this Se�urity Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the Courity � of Hall . (Type of Recording Jurisdiction) (Name of Recorddng Jurisdiction) Lot Eiqhty (80) and the Northerly Forty 3is Feet (46') of Lot Eighty Oae (81) in West Lav�a Addition to the City of Grand Islasd, Sall County, Nebraska. 2200244242 D VBANE NEBRASKASh�gle FamQy-F�Ne MaelFreddfe Mac UNIFORM INSTRUMENT WITH MERS Form 30'!8 1/01 VMP (ql VMPBA�NE1 (1706) Wolters Kluwer Flnandel Serviaes Page 3 of 17