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<br />(,n "Communtty AssociaHoo Dues, Fees, and Assessments" means all dues, fees, assessments and other charges
<br />that are imposed on Bonower or the Property by a condominium associadon, homeowners association or sunilar
<br />organi�ation.
<br />(I� "Electronic Funds Transfer" means any transfer of funds, other than a transacdon originated by check, draft,
<br />or sunilar paper insisument, which is initiated tluough an electronic terminal, telephonic instrument, computer, or
<br />magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an accounG Such term
<br />includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, hansfers initiated by
<br />telephone, wire transfers, and automated clearinghouse transfers.
<br />(L) "Eacrow Items" means those items that are described in Section 3.
<br />(Nn "Miscellaneous Proceeds" means any compensarion, settlement, award of damages, or proceeds paid by any
<br />third party (other than insurance proceeds paid under the coverages described in Secrion 5) for: (i) damage to, or
<br />destrucdon of, the Property; (ii) condemnadon or other taldng of all or any part of the Property; (iri) conveyance in
<br />lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condiNon of the Property.
<br />(1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />(0) "Perlodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note,
<br />plus (ii) any amounts under Section 3 of this Security Instrument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing
<br />regulallon, Regulation X(24 C.F.R. Part 3500), as they might be amended from time ta time, or a�ry addiNonal or
<br />successor legislation or reguladon khat governs the same subject matter. As used in this Security Instrument,
<br />"RESPA" refers to all requirements and restrictions that are imposed in regard to a"federally related mortgage loan"
<br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA.
<br />{Q) "Successor ln Interest of Borrower" means any party that has taken dde to the Property, whether or not that
<br />party has assumed Borrower's obligadons under the Note and/or tivs Secwity Instrument.
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />This Security Instrvment secures to Lender: (i) the repayment of the Loan, and all renewals, e�ctensions and
<br />modifications of the Note; and (ii) the performance of Bonower's covenants and agreements under this Security
<br />Instnunent and the Note. For this purpose, Bonower irrevocably gants and conveys to Trustee, in trust, with power
<br />of sale, the following described property located in the
<br />•COUNTY of HALL •
<br />[Type of Recording JuriadicUoa] [Neme of Racording Jurisdiction]
<br />LOT 7, BISON MEADOWS, VILLAGE OF DONIPHAN, HALL COUATTY, NEBRASKA
<br />A.P.N.: 400182572
<br />wltich cuttently has the address of 406 WESLEY CIRCLE
<br />[sveet]
<br />DONI PHAN , Nebraska 6 8 8 3 2 ("Property Address"):
<br />[ciry� [z� coa��
<br />TOGBTHER WITH all the improvements now or hereafter erected on the properry, aad all easements,
<br />appurtenances, and fixtures now or hereafter a part of the proPerty. All replacements and addidons shall also be
<br />covered by thia Securiry Instrument. All of the foregoing is referred to in this Security Instrument as the "Properiy."
<br />BORROWER COVENANTS that Bonower is lawfully seised of the estate hereby conveyed and has the right
<br />to grant and convey the Properry and that the Property is unencumbered, except for encumbrancea of record
<br />Borrower warrants and will defend generally the dUe to the Property against all claims and demands, subject to any
<br />encumbrances of record.
<br />THIS SECURITY INSTRiJMENT combines uaiform covenants for nadonal use and non-uniform covenants witt►
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real praperry.
<br />UNIFORM COVENANTS. Bonower and Lender covenant and agree as follows:
<br />1. Payment of Principal, Interat, Escrow Items, Prepayment C6arges, and Latc Charges. Bonower shall
<br />pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late
<br />charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due
<br />under the Note and this Securiry Instrument shall be made in U. S. currency. However, if any check or other
<br />instntment received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid,
<br />Lender may require that any or all subsequent payments due under the Note and this Securiry Instrument be made in
<br />NEBRASKA—Singie Femily—Fennte Mae/Freddie Mac UNIFORM IN5TRUMENT DoeNagfe�
<br />Fortn 3028 1/01 Pege 2 of 11 www.docmagk.mm
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