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201200��5
<br />LOAN �: 6398754
<br />(� "Note" means the promissory note signed by BoROwer and dated JANUARY 6, 2012 .
<br />The Note states that Borrower owes Lender *******Two xu�tn�n Fi�^ry FivE THOU3AND 3I%
<br />HUNDRED AND NO/100*
<br />*********************************,t**,t,r,r*,r********* Dollars
<br />(U.S $255, 600 .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 FEBRUARY i, 2042.
<br />(� "Property" means the property that is described below underthe heading "Transfer of Rights in the
<br />Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late
<br />charges due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(H) "Rlders" means all Riders to this Security Instrument that are executed by Borrower. The following
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />� Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider
<br />0 Balloon Rider � Planned Unit Development Rider � Other{s) [spec'rfy]
<br />D 1-4 Family Rider 0 Biweekly Payment Rider
<br />0 V.A. Rider
<br />(I) "Applicable Law" means all 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 applicablefinal,
<br />non-appealable judicial opinions.
<br />(J) "Communtty Association Dues, Fees, and Assessments" means all dues, fees, assessments
<br />and other charges that are imposed on Borrower or the Property by a condominium association,
<br />homeowners association or similar organization.
<br />(K) "Electronic FundsTransfer" means anytransferoffunds, otherthan atransaction originated bycheck,
<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
<br />transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award ofdamages, or proceeds
<br />paid by any third parly (other than insurance proceeds paid under the coverages described in Section
<br />5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part
<br />of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as
<br />to, the value and/or condition of the Properly.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default
<br />on, the Loan.
<br />(0) "Periodlc PaymenY' means the regularly scheduled amount due for (i) principal and interest under
<br />the Note, 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
<br />implementing regulation, Regulation X(24 C.F.R. Part 3500}, as they might be amended from time to
<br />time, or any additional or successor legislation or regulation that governs the same subject matter. As
<br />used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed
<br />in regard to a"federally related mortgage loan" even if the Loan does not qualify as a"federally related
<br />mortgage loan" under RESPA.
<br />(Gl) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether
<br />or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument.
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />This Security Instrument secures to Lender: (i) the repayment ofthe Loan, and all renewals, extensions
<br />and modfications of the Note; and (ii} the performance of Borrower's covenants and agreements
<br />under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and
<br />conveys to Trustee, in trust, with power of sale, the following described property located in the
<br />COUNTY [Type of Recording Jurisdiction] Of
<br />H811 [Name of Recording Jurisdiction�:
<br />Lot Eleven (11), Westwood Park Third 3ubdivision, in the City of Grand
<br />Island, Hall County, Nebraska
<br />APN #: 400375176
<br />Initials:�
<br />NEBRASKA—Single Family—Fannle Mae/Freddle Mac UNIFORM INSTRUMENT Form 30281/01
<br />Online Documents, Inc. Pa9@ 2 Of 10 NEUDEED 1108
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