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201200612 <br />(I) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are <br />to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider � Planned Unit Development Rider <br />� Balloon Rider [� Biweekly Payment Rider <br />� 1-4 Family Rider � Second Home Rider <br />� Condominium Rider � 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 Dues, Fees, and Assessments" means all dues, fees, assessments and other charges <br />that are imposed on Bonower or the Property by a condominium association, homeowners association or similar <br />organization. <br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, <br />or similar paper instrument, which is initiated through 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 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 party (other than insurance proceeds paid under the coverages described in Section 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 regularly scheduled amount due for (i) principal and interest under the Note, <br />plus (ii) any amounts under Secrion 3 of this Security Instrument. <br />(Q) "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 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 />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that <br />party 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 of <br />the Loan, and all 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, Borrower irrevocably grants <br />and conveys to Trustee, in trust, with power of sale, the following described property located in the <br />COUNTY of HALL . <br />[1'ype of Recording JurisdicHon] [Name of Recording Jurisdiction] <br />SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PAR.T HEREOF AS <br />EXHIBIT "A". <br />which currently has the address of <br />GRAND ISLAND <br />[��tY] <br />1007 N HANCOCK AVENUE <br />[saeet] <br />, Nebraska 6 8 8 0 3 (" Property Address"): <br />[Zip Code] <br />NEBRASKA—Single Famlly—Fann(e Mae/Freddie Mac UNIFORM INSTRUMENT - MERS DodNag/c� <br />Form 3028 1/01 Page 2 of 11 www.docmaglc.com <br />�, <br />/ ,/ <br />