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�ai�'����� <br />(I� �Community Association Dues, Fees, and Assessments" means a11 dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners association or <br />similar organization. <br />(L) uElectronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, <br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, <br />computer, or magnetic tape so as.to order, instruct, or authorize a financial institution to debit or credit an <br />account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, <br />iransfers initiated by telephone, wire transfeis, and automated clearinghouse transfers. <br />(Nn "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 party (other than insurance proceeds paid under the coverages descnbed in Section 5) for: (i) damage to, or <br />destruction of, the Property; (ii) condemnation or other ta.king of all or any part of the Property; (iii) conveyance <br />in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the <br />Property. <br />(0) uMortgage Insurance" means �n�ra 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 Note, <br />plus (ii) any amounts under Section 3 of this Security Instrument. <br />(Q) uRESPA" means the Real Fstate 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 Security Instrument, <br />"RESPA" refers to all requirements and restrictions that aze imposed in regazd to a"federally related mortgage <br />loan" even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. <br />(R) "Successor in Interest of Borrower" means any pariy that has taken title to the Property, whether or not <br />that pariy 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 MERS. This Security Instrument secures to Lender: (i) the repayment <br />of the Loan, and a11 renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's <br />covenants a,nd agreements under this Security Instrument and the Note. For this purpose, Bonower <br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property <br />located in the County of Hall <br />[Type of Recording Jurisdiction] [Name of Recording Jurisdiction] <br />Lot One (1), Bartelt Second Subdivision in the Village of Doniphan, Hall County, Nebraska, <br />Ezcepting the North Eighty Five (85) Feet and Ezcepting a tract of land more particularloy described <br />in Survivorship Warranty Deed recorded as Document No. 79-003289 <br />which currently has the address of322 Church Street <br />[Street] <br />Doniphan , Nebraska 68832 ("Property Address"): <br />[City] [Zip Code] <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and a11 easements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be <br />covered by this Security Instrument. All of the foregoing is refened to in this Security Instrument as the <br />"Properiy." Borrower understands and agrees that MERS holds only legal title to the interests granted by <br />NEBRASKA—Single Family—Fannie Mae/Freddie Mac iJNIFORM INSTRUMENT (MF.RS) Form 30281/Ol (page 2 of 9 pages) <br />12439.CV (9/11) 906824 Creative Thinking, Inc. <br />• • �� � . � <br />�1' <br />� <br />