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201300821 <br /> (N) "Miscellaneous Proceeds" means any compensation. settlement,award of damages.or proceeds paid by <br /> any third party(other than 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 condemnation;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 regularly scheduled amount due for(i)principal and interest under the <br /> Note,plus(ii)any amounts under Section 3 of this Security Instrument. <br /> (Q) "RESPA" means the Real Estate Settlement Procedures 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 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 the 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 title to the Property,whether or not <br /> that party has assumed Borrower's obligations 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 HERS.This Security Instrument secures to Lender: (i)the repayment <br /> of the Loan,and all renewals,extensions and modifications 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 conveys to Trustee,in trust,with power of sale,the following described property located in the <br /> County of Hall • <br /> (Type of Recording Jurisdiction) (Name of Recording Jurisdiction) <br /> LOT FIVE (5) , BLOCK FIFTEEN (15) , RUSSEL WHEELER'S ADDITION TO THE CITY OF <br /> GRAND ISLAND, HALL COUNTY, NEBRASKA. <br /> 6801387159 8801307159 <br /> NEBRASKA Single Family-Fannie MaeiFreddie Mac UNIFORM INSTRUMENT WITH MESS Farm 3028 1i01 <br /> VMP® VMP6A(NE)(1105) <br /> Wolters flow or Financial Services Page 3 of 17 <br />