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2�ii���36 <br />(n "Riders" me.ans all Riders to this Security Instnunent that aze executed by Bonower. The following Riders aze <br />to be executed by Bonower [check box as applicable]: <br />� Adjustable Rate Rider <br />� Balloon Rider <br />� 1-4 Family Rider <br />� Condominium Rider <br />� Planned Unit Development Rider <br />� Biweekly Payment Rider <br />❑ S�ond Home Rider <br />� Other(s) [specify] <br />(.n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and <br />administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial <br />opinions. <br />(I� "Community Association Du�s, Fces, and Assessments" means all dues, fees, assessment I and other chazges <br />that are imposefl on Bonower or the Property by a condominium association, homeowners ass�ciation or similar <br />organization. <br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, <br />or similaz paper instrument, which is initiated through an electronic ternunal, telephonic instrument, computer, or <br />magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term <br />includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by <br />telephone, wire transfers, and automated clearinghouse transfers. <br />(1Vn "Escrow Items" means those items that are described in Section 3. <br />(1� "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any <br />third parly (other than insurance proceeds paid under the coverages described in Se,ction 5) for: (i) damage to, or <br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in <br />lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(P) "Periodic Payment" means the regulazly scheduled amount due for (i) principal and interest under the Note, <br />plus (ii) any amounts under Section 3 of this Security Instnunent. <br />(� "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing <br />regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or <br />successor legislation�or regulation that governs the same subject matter. As used in this S�urity Instniment, <br />"RFSPA" refers to all requirements and restrictions that are imposed in regazd to a"federally related mortgage loan" <br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. <br />(R) "Succ�ssor in Interest of Borrower" means any party that has taken title to the Property, whether or not that <br />party has assumed Bonower's obligations under the Note and/or this Security Instnunent. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of tlus Se.curity Instnunent is MERS (solely as nominee for Lender and Lender's successors and <br />assigns) and the successors and assigns of MERS. This Security Instnunent s�ures to Lender: (i) the repayment of <br />the Loan, and a11 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, Bonower irrevocably grants <br />and conveys to Trustee, in trust, with power of sa1e, the following described property located in the <br />COUNTY of HAI�L . <br />[Type of Recording Jurisdicdon� <br />[Name of Recording Jurisdicdon] <br />THE NORTHERLY TWELVE (12) FEET OF LOT FOUR (4), AND ALL OF LOT <br />TWO (2), IN BLOCK TWENTY FOUR (24), IN UNIVERSITY PLACE, AN <br />ADDITION TO THE CITY OF GR.AND ISLAND, HALL COUNTY, NEBRASKA <br />A.P.N.: 400101653 <br />which currently has the address of <br />GRAND ISLAND <br />[City] <br />. / <br />�, <br />1931 N HOWARD AVE� <br />[Street] <br />, Nebraska 6 8 8 0 3-19 4 6 ("Property Address"): <br />[Zip Code] <br />NEBRASKA--Single Family—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT - MERS <br />Form 3028 1/01 Page 2 of 11 <br />DodNag/c � <br />www. docmaglc. com <br />Ne3028.mzd.xml <br />