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ti0�2Q�044 <br />(N) "M Pr�s" means any co�on, settlement, award of damages, or proceeds paid by <br />any third Parry (other than insiaance proceeds paid uader the coverages describad 'm Section � for: (i) <br />damage to, or deatnu�tion o� tha Praperiy, (ii) condemnarion or other taking of all or aay part of the <br />Property; (ni) conveyanca in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(0) "Mortgage Ir�surance° means insurance protecting I.ender against the nonpayment o� or default on, the <br />Loan. <br />(P) "Periodic Payr�nt" means the regularly acheduled amount due for (i) PrinciPal and i�est under the <br />Note, plus (ii) any s�unts under Section 3 of this Security �ns�ment. <br />(4) "RESPA° �eaas the Real Estate Settle�ent Proc�es Act (12 U. S. C. Section 2601 et seq.) and ita <br />impl�enting regulation, Regulation X(24 C.F.R Part 3500), as thay might be a�nended from time to tia�, <br />or any additional or suc�or legislation or regulation that governs tha same subject matter. As used 'm this <br />Security Instr�ment, "RESPA" refers to all req�urements and restrictions that are imposed in Tegard to a <br />"federally related inortgage loan" even if tha Loan does not qualify as a"federally related �rtgage load� <br />under ItESPA. <br />(I� "Suc�ssor tn Ir�ter+est o�F Borrowe�" �s anY P�Y that has taken title to the Property, whether or not <br />that pariy has ass�mned Borrower's obligationa under the Nots and/ar this Sacurity Instnmdenk <br />Transfer of Rigtrts In the Property <br />The beneficiazy of this Security Inslr�nt is MERS (solely as nomine,e for Lender and Lender's successors and <br />asaigns) and the sucx,assors and assigns of MERS. This Security Inakr�ment secures to I.ender: (i) the rePaYment <br />of the Loan, and all r�awals, extensions aad modific�tions of tha Note; and (ii) tha performanca of Borrower' a <br />cove�nants and agreem�ents under this Security Ins�t aad the Note. Far this purpose, Borrow� nrevocably <br />grants and conveys to Truste�, in trust, with power of sa1e, the following descn'bed properiy la�ted in the <br />Couaty of Sall . <br />(Type of Record.ing Jur�sdidion) (Name of Recording Jur�sdtdion) <br />zar �.vr (12) , ar�oc� �wo (2) , rloRZavi�a szRS� svaD�sioN, n� � c=�r os <br />GRAI�ID IsLAI�ID, HALL CODN'1'Y, N�BRASRA. <br />NEBRASKA.4hgle Fam9yFanNe MeelFreddie Meo UMFORM INSTRUMENT WfT� � Form 3C38 1l01 <br />y�p �� VMPBA�NE) (1106) <br />W� � q� g�� P�o 3 of 17 <br />� � �-�. <br />