201201995 - Laserfiche WebLink

Browse

��120199� {C7 "L�der" is Cornerstone Bank Leader is a Corporation organized and existmg undex the laws of Nebraska • Lender's address is Aurora Facility, 1206 13th Street, P.O. Bog 386, Aurora Nebraska, 68818 ' Lender is the beneficiary under this Security lastr�meat. (D) "Tru�tee" is West Gate Bank (E� "Note" means the proFnissary noce sigaed hy Borrower and daied March 15 , 20212 • The Note states ihat Borrower owes Lender Oae Hundred Seventeen Thousand Eight Hundred � 00/100 Dollars D (U.S. $ 117, 800.00 ) ptus incerest. Borrnwer has proansed to pay this debt in neg�lar Periodic Payinents and to pay the debt in ful] not later than April 1, 2042 9 - (F) "Property" means the property that is descn'bed below under the heading "Txansfer of Rights in the � .�n.y... A �)614� (G� "I.oanq means the debi evidenced by the Note, plus iaterest, any prepaymenf charges and late charges due under the Note. and all sams due under this Se�urity Instrument, pius interest• (H} "Riders" rneans all Riders to this Security tnstrument that are executed bq Bortawer. The foito�ving Riders are ta be execnted by Borrower [check bnx as applicable]: � Adjustable Rate Ttider � Condominium Rider � Second Home Rider � Balloon Rider Planned Unit Development Rider 1-4 Family Rid�r � VA Rider Q Biweekly Payment itider � Other(s) [specify] (n "App�ceble Law" meaas all cantmlliag applicable federal, state and local stahrtes, regulations, ordinaaces and adminisuative rules and orders (that have the effest of law) as well as all applicable final, no�-appealable judicial opinions. {.n „ Co�mmunity .Assodatia�t Dues, Fees, aud Assessments" means all dues, fe�s. assessmeuts aud other charges ihat are imposed on Bnrrower or ihe Property by a condominium association, homeowners association or similar organi7ation. (K) "Electronic �nds Transfer" means any transfer of funrls, other than a cransaction originated by check, draft, or similar paper iastrument. which is initiated through an eleclmnic terntinal, telephonic instrnmene, cQmputer, or magnetic tape so as w order, instiuct, or authorize a financial institution co debit or credit an aecount. Suc�. term incluties, but is noc limited to, paint-of-sale tr�sfess, autornated celler machine Lransactions, transfers ini.tiated by telephone. wire uansfers, and automated cleariaghonse transfers. (3�) "Escro�v Items" means tbose items ihat are descnbed in Section 3. (M) "Miscellan�us Praceeds" means eny �mpensation. settlement, award of danm�es, or proceeds paid by any third PartY (other thau insurauce proceeds paid uncter the cQVerages des�ribed 9n Sectioa � for: C) damage to, or destruction of, the Propertq; {ii) condemnation ar otheF taking of atl or any gart of the Property; (iii) rAnveya�e in lieu of condemnation; or (iv} misrepresentations of, or omissions as to, the value and/o� conditioa of the Property. {1�T3 'iViortgage L�svranee" means utsurance prote�dng Lender agai�st che noupayment of, or default on, the Loan. �-6G(WE) rooasj.o� � 2 �r ss � �.. Foem 3028 7/01