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20120606� (N) "Mlscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third pariy (other than ins�rance proceeds paid under the coverages described in Section � for: (i) damage to, or deslruction o� the Property; (ii) condemnation or other ta�ng of a11 or any part of the Property; (iu) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (0) "Mortgage Insurance" �ans �nm�+*+ce protecting Lender against the nonpayment of, or default on, tha Loan. (P) "Pe�iodlc Paymer�t" means the reg�ilazly scheduled ax�unt due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of t1�is Security Insh�ument. (Q) p 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 35Q0), as they might be amanded from time to time, or any additional or succ�ssor legislation or regulation that governs the same subject matte�. As used in this Security �nst�ment, "RESPA" refers to all renuirements and regtrictions that are impose� in regazd to a "federally related �ortgage loan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. (1� "Successor tn Inter�t of Borrower" means any party tUat has taken title to the Property, whether or not tha.t pariy bas assumed Bonower' a obligations under the Note and/or tlus Security Instrument Trar�fer of Rights in the Praperty The beneficisry of this Security �nst�iunent is MERS (solely as nomina for Lender and Lender' s successors and assigns) and the successors and assigns of MERS. This Security Instrwment secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and (ii) the performance of Boaower' s covenants and agreements under this Security Instmm�ent and the Note. For this purpose, Borrower irrevocably grants and conveys to Trnst�, in trust, with power of sale, the following descn'lsed property lacated in the County of Hall . (Type of Recording Jurisdidion) (Name of Recording Jurisdidion) LOT SIX (6) , BLOCR TWO (2) , SUbID�RFI�LD TSTA'1'�3 FIRST 3QBDIVI3ION, IN '1'� CITY Off GRAND ISLAI�ID, HALL CODNTY, N�BRASRA NEBHASKA-Sb�gle FamDy-FanNe MealFreddie Mec UNIFORM INSTRUMENT WfTH�MEF13 6 Form 3038 01 yMp � VMPBA�NE) (1106) Woltere KNwer Fb�aru3al Servicea PaOe 3 of 17