201206909 - Laserfiche WebLink

Browse

201206909 (N) "MiscellaneousProceeds"means any compensation, settlement, awazd o£damages, or proceeds paid by any third party(other t6an insurance proceeds paid under the coverages described in Section 5)for: (i) damage to,or destruction of,the Property;(ii)condemnation or other taking of all or any part of the Property; (iii)conveyance iu lieu of condemnation;or(iv)misrepresentations of, or omissions as to,the value and/or conditiou of the Property. (0) "Mortgage Insurance"means i�surance protecting Lender against the nonpayment of, or default on, the Loan. (P) "PeriodicPayment"means the regulady scheduled amount due for(i)principal and interest under the Note,plus(ii)any amounts under Section 3 of this Security Instrument. {Q) "RESPA'means the Real Estate Settlemeut Procedures Act(12 U.S.C. Section 2601 et seq.) and its implementing regulation,Regulation X(24 C.F.R. Pad 3500), as they might be xmended from time to time, or any additional or successor legislation or regulation that governs the same subject matter.As used in this Security Instrument, "RESPA"refers to all requirements and restrictions that aze imposed in regazd to a "federally related mortgage loan" even if the Loan does not qualify as a "federatly related mortgage loau" under RESPA. (R) "Successorin Interest of Borrower"means any party that has taken title to the Property, whether or not t6at party has assumed Aorrower's obligations under the Note and/or this Security Instrume�t. Transfer of Rights in the Property The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Le¢der's successors and assigns)and the successors and assigns of MERS. This Securiry Instrument secures to Lender: (i)the repayment of the Loan, and all renewals, extensions and modifications of the Note;and(ii)the performance of Borrower's wvenants and agreements under this Securiry Instrument and the Note. For this purpose,Boaower irrevocably grants and conveys to Trustee, in trust,with power of sale,the following described property located in the County of Hall . (Type of Recordang Jurisdiclaors) (Name of Recordirtg Jurisrliction) SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREDF. SUBJECT TO COVENANTS OF RECORD. NEBRASKASingle Famity-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS Fo�m 30281/01 VMP� VMP6A(NE)(1105).00 Wollers KluuerFinancial Services Page 3 of 17 ii��iii�ii��i ii�i��i�ii�i�iiii i iiiiii iiii iii iii ��