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2o1�os3o� <br />(N) "Mlscellan�ous Prot�ds" a�ans any compensation, settlement, award of damagas, or procceds paid by <br />any third pariy (other than insurance proceeds paid under the coverage.s de�ribed in Se�tion 5) for: (i) <br />damage to, or destruction o� the Properiy; (ii) condeamation or other taking of all or any part of the <br />Property; (rii) conveyance in lieu of condamnation; or (iv) misrepresentations o� or omissions as to, tha <br />value and/ar condition of the Property. <br />(0) "Mortgage Insuranc:e" means insurance protecting Lender against the nonpayment o� or default on, the <br />Loan. <br />(P) "Perl�ic Paymer�t" means the regulazly scheduled amount due for (i) principal and inte�est under the <br />Note, plus (ii) any a�unts under Section 3 of this Security Instrument. <br />(Q) "RESPA" �eans the Rea1 Estate Settlement Pra�dures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X(24 C. F. R Part 3500), as they might be amended from time to time, <br />or any additional or successor lagislation or regulation that governs the same subject matter. As use� in this <br />Security �nstrument, "RESPA" refers to a11 requirements and re�trictions that are imposed in regazd to a <br />"federally related mortgage loan" even if the Loan does not qualify as a"federally related �rtgage loan" <br />under RESPA. <br />(1� "SucCessor In Interest of Borrower" means anY party that has taken title to the Property, whether or not <br />that pariy has assumed Bonower's obligations under the Note and/or ttus Security Instmm�enk <br />Transfer of Rights in the Property <br />The beneficiary of t}ris S�vrity Inslrument is MERS (solely as nomin� for Lender and Lender's successors and <br />assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment <br />of the Loan, and all renewals, extensions and �dific�tions of the Note; and (ii) the performaace of Bonower' s <br />covenants and agr�ts undet tlus Se�urity Tnatn�rn� � the Note. For this purpose, Borrower urevocably <br />grants and conveys to Trustee, in tNSt, with power of sa1e, the following descn'bed properiy located in the <br />County of Hall . <br />(7'ype of Recording Jurlsdidion) (Name of Recording Jurisdiction) <br />LOT TWO (2) , KALLOS SUSDIVISION, IN T� CIT7[ OF GRAND I3L1�1ND, HALL COUNTY, <br />1�EBRASR�1 <br />NEBRAAKA-Single FamOy-FanNe Mae/Freddie Mac UNIFORM WSTRUMENT WfTH�MEH3 27 Form 3038 <br />VMPBA�NE) (1106) <br />W�8 Kqrvver F6�a1 Servkes Pege 3 oi 7 7 <br />� �� <br />�� � , <br />�` <br />