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. 2� 17�2457 <br /> (M� "Escrow Items" means thase items that are described in Section 3. <br /> (N} "Miscellaneous Proceeds"means any compensation, settlement, award of damages, or proceeds paid by <br /> any third party(ather than insurance proceeds paid under the co�erages described in Section 5}far: <br /> �i}damage to, or destruction of, the Property; (ii}condemnation or other taking of all ar any part�f the <br /> Property; (iii}con�eyance in Iieu af candemnation; or�iv}misrepresentations of, or omissions as ta, the <br /> - <br /> �a�ue andlar condition of the Property. � <br /> �O} "Martgage Insur ance" means insurance protecting Lender against the nonpayment of, or default on, the , <br /> Loan. <br /> �P) "Periadic Payment" means the regularl�scheduled arnount due for(i)principa� and interes�under the <br /> Not�, plus (i�� any amounts under Section 3 af this Security Instrument. <br /> (Q} "RESPA" means the Reai Es�ate Settiement Procedures Act�I2 U.S.C. Sec#ion 26U1 et seq.}and its <br /> implementing regulation, Regulation�(12�.F.R. Part 10�4}, as they might be amended from t�me to <br /> time, or an�additional ar successor legislation ar regulation that gv�erns the same sub�ect matter. As <br /> used in this Security Instrument, "RESPA" refers ta alI requirements and restrictions that are imposed in <br /> regard�o a"federa�Iy related mor�gage loan" e�en if the L�an daes nat qualify as a"federaliy related <br /> m�rtgage loan" under RESPA. <br /> (R� "Secretary"means the Secretary of�he United 5tates Department of Housing and Urban Development or <br /> hzs designee. <br /> �S} "Successor in Interest of Barrawer" means any par�that has taken title�n the Property, whether or not <br /> �hat party has assurned Borrower's obligations under�he Note andlar this Security Ins�rument. <br /> TRANSFER aF RIGHTS IN THE RR�PFRTY <br /> The benef ciar�of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors <br /> and assigns} and the successars and assigns of MERS. This Security Instrument secures�o Lender: �i�the <br /> repayment of the Loan, and a�I renewals, ex�ensions and rnodifications of the Note; and�ii}the perforrnance of <br /> Borrower's co�enants and agreements under this Security Instrument and the Note. For this purpose, Borrower <br /> irre�ocably gran�s and can�eys to Trustee, in trust, with pawer of sale, the fo�Iawing described property <br /> Iocated in the <br /> County �f Ha 11 : <br /> (2�'ype of.Recordir�g,Turrsdictlon} (.�Vame ofl4ecarding,Turrsc�ict�fan} <br /> The land hereinafter referred to is situated in the City of Grand Island� <br /> County of Hal1. State of NE� and i s d�scribed as f al lov�s: Lat One �1} � in <br /> Block Two �2} . Elm Place Addition to the �ity of Grand Island, Hall County, <br /> Nebraska. Being the same propert�r conveyed fram Nice Homes� Inc. . a <br /> Nebraska Corporation, the Grantar�s} , to Adam D. Partillo,the Grantee�s� . <br /> by deed dated 10/20/2�14. and recorded 11�21/2014 as ; �ocument No. <br /> 2014�7385.APN: 3315-OD--�-11775-�0�--D��l�Tax ID #: 4�D1�7954 <br /> 2345a4286 OD98779622 <br /> FHA Deed af Trust With MERS-NE 9J3012Q7 4 <br /> Bankers 5ystemsT�++ VMP� VMP4N(NE]("I5Qfi),0❑ <br /> Wol[ers K[uwer Financia�5ervices Page 3 of'17 <br />