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2pi2070�3 <br />(N) "Miscellaneous Proceetls" means any compensation, settlement, awazd of damages, or proceeds paid by <br />any third party (other tl�w insurance proceeds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of wndemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(P) "Periodic Payment" means the regulazly scheduled amount due for (i) principal and interest under the <br />Note, plus (u) any amounts under Section 3 of this Security Instrument. <br />(0,) "RESPA" means the Real Estate Setdement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X(24 C.F.R. Pari 3500), as they might be amended from time to time, <br />or any additional or successor legislation or regulation that governs the same subject matter. As used in this <br />Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a <br />"federally related mortgage loan" even if We Loan does not qualify as a"federally related mortgage loan" <br />under RESPA. <br />(R) "Successor in Interest of Borrower" means any party that has taken tide to the Property, whether or not <br />that party has assumed Borrower's obligadons under the Note and/or this Security Instrument. <br />Transfer of Rights in the Property <br />The beneficiary of this Security Instrument is MERS (solely as nominee 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 modif'ications of the Note; and (ii) the performance of Borrower's <br />covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably <br />grants and wnveys to Trustee, in trust, with power of sale, the following described property located in the <br />County of Hall <br />(Type of Recording Jurisdiction) (Nante of Recording Jurisdiction) <br />SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF. <br />SUBJECT TO COVENANTS OF RECORD. <br />NEBRASKA-Single Family-Fannla MaelFraddie Mac UNIFORM INSTRUMENT WITH MERS <br />VMP � <br />Wolters Kluwer Flrmncial Servicea <br />II I I II ull I I III ID IQ�I �I Ilal I I I I I I I I I II I I I al <br />Form 3028 1 /01 <br />VMPBAfNE) (11061.00 <br />Page 3 of 17 <br />1 <br />r. <br />� '� <br />