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201206855 <br /> (N) "M iseellaneous Proceeds" means any compensation, setdement, award uf damages, or procccds paid Uy <br /> ai�y third party (other than insurance proeeeds paid under lhe eoverages described in Section 5) for: (i) <br /> dnmage to, or destruction of, the Property; (ii) condemnation or oYher taking of all or any part of the <br /> Property; (iii)conveyance i�� lieu of condcmnation; or(iv)misrepresentations of, or mnissions as fo, the <br /> value and/or condition of the Property. <br /> (0) "M ortgage Insurance" means insurance protecting Lender against Lhe nonpayment oC, m� default on, the <br /> Loan. <br /> (P) "Periodic Payment" means the regularly scheduled amount due for(i) principal and interest uoder thc <br /> NoYe, plus (ii)any amoimts under SecYion 3 oF this Security lnstrument. <br /> (Q) "RESPA" means the Real Estate SetYlement Procedures Act(12 U.S.C. Section 2601 et neq.)and its <br /> implementing regulation, Regulation X(24 C.F.R. Part 350D), as they might be ameodcd from time to time, <br /> or any additional or successor legislation or regulation that govems the same subjecY maYter. As used in U�is <br /> Security instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a <br /> °federally xelated mortgage loan" even if Lhe Loan does not qualify as a"Yederally relafed mortgage loan" <br /> under RESPA. <br /> (R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not <br /> that party has assumed Borrower's obligations under the Note and/or this Sccurity Instrument. <br /> Transfer of Rights in the Property <br /> The benePiciary of this Security Instrument is MERS(solety as nominee for Lender and i,ender's successm's and <br /> assigns) aud the suecessors and assig�s of MERS. 'This Security Instrument secures to Lender: (i)the repayment <br /> of the Lonn, and al] renewals, extensions and modifications of the Note; and (ii)the performance of Borrower's <br /> covenanfs and ageemenfs under this Securiry lustrument and the Note. For this purpose, Bm'rower irrevocably <br /> grants and conveys to Trustee, in trust, with power of saLe, the following described properCy loeatecl 'vi the <br /> Cnunty of Hall <br /> (Tyye of Rer.m•ding Jawri�sdt�ction) (Ntrme of Recording JaarisdacR�on) <br /> LOT ONE (1) , HIDDEN LAKES SUBDIVISION NOMB�R THREE, HALL COONTY, NEBRASKA. <br /> eeaaz�s��e eeoivsa�a <br /> NFBFASKA-Single Family-Fannie A4 ae/FreOtlie M ac UN IFORM INSTRLI M ENT W ITH IA ERS Form 3U2 tl ilU1 <br /> VM P(a7 VM PBA(NEJ(1105) <br /> Wolle�s Kluwer Flnancial Services Page 3 oi 19 <br />