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201109575
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Last modified
1/5/2012 9:48:55 AM
Creation date
12/21/2011 9:44:05 AM
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DEEDS
Inst Number
201109575
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20��09575 <br />(C� "Lender"is Union Bank and Trust Company <br />Lenderisa Commerc9al Ba�k <br />organized and existing under the laws of Nebraska . <br />Lender's address is 4243 Pi oneer kloods Dri ve li nCOI n NE 68506- <br />(D)'Trustee"is Union Bank & Trust Company <br />(E) '7VIERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is <br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the benefciary <br />under this Security Instrument. MERS is organized and existing under the laws of Delawaze, and has an <br />address and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS. <br />(F� "Note" means the promissory note signed by Borrower and dated DeCember 19 , 2011 . <br />The Note states that Borrower owes Lender FORTY EIGHT THOUSAND AND 00/100 <br />Dollazs <br />(U. S. $ 48 , 000 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than J d 11 U d I'y I, . 204 Z . <br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(I� "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(n "Riders" means a11 Riders to this Security Instrument that aze executed by Borrower. The following <br />Riders aze to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider 0 Condominium Rider � Second Home Rider <br />� Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider <br />� VA Rider � Biweekly Payment Rider 0 Other(s) [specify] <br />(.n "Applicable Law" means a11 controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(I� "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />chazges that aze imposed on Borrower or the Property by a condominium association, homeowners <br />association or similaz organization. <br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similaz paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(1Vn "Escrow Items" means those items that are described in Section 3. <br />(1� "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid <br />by 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 a11 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, <br />the Loan. <br />11-11-000169 <br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT WITH� <br />�-6A(N�(oeto) Page2oi15 Iniaals: /�7�-�— Form3028 1/01 <br />� <br />
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