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2012Q30�9 <br />plus interest. Bonower has promised to pay this debt in regulaz Periodic Payments and to pay the debt in full not later <br />than MAY l, 2042 . <br />(1� "Property" means the property that is described below under the heading "Transfer of Rights in the Properly. " <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late chazges due under <br />the Note, and a11 sums due under this Security Instrument, plus interest. <br />(I� "Riders" means a11 Riders to this 5ecurity Instrument that are executed by Bonower. The following Riders are <br />to be ex�uted by Borrower [check box as applicable]: <br />� Adjustable Rate Rider <br />❑ Balloon Rider <br />� 1-4 Family Rider <br />� Condominium Rider <br />� Planned Unit Development Rider <br />� Biweekly Payment Rider <br />� 5econd Home Rider <br />� Other(s) [specify] <br />(I) "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 />(� "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges <br />that are imposed on Borrower or the Property by a condominium association, homeowners association or similar <br />organization. <br />(I� "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 ternrinal, telephonic instntment, 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 />(L) "Escrow Items" means those items that are described in Section 3. <br />(Nn "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 Properly; (ii) condemnation or other taking of a11 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 />(1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(0) "Periodic Payment" means the regulazly scheduled amount due for (i) principal and interest under the Note, <br />plus (ii) any amounts under Section 3 of this S�urity Instrument. <br />(� "RESPA" means the Rea1 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 />(� "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that <br />party has assumed Bonower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instnunent s�ures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Bonower's covenants and agreements under this 5ecurity <br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />Form 3028 1/01 Page 2 of 14 <br />��/ / <br />DocMag/c � <br />www. docmagic. com <br />��? <br />Ne3028.dot.unl <br />