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20]203243
<br />DOC ID f: 00024193853304012
<br />telephone number of P.O. Box 2026, Flint, MI 48501 -2026, tel. (888) 679 -MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated APRIL 05, 2012 The
<br />Note stales that Borrower owes Lender
<br />.SIXTY EIGHT THOUSAND and 00 /100
<br />Dollars (U.S. $ 68, 000 "00 ) plus interest. BmTower has promised to pay this debt in regular
<br />Periodic Payments and to pay the debt in full not later than APRIL 01, 2042
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(11) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due
<br />under the Note, and all sums due under this Security Instrument, plus interest
<br />(I) "Riders" means all Riders to this Security Instrument that are executed by borrower. The following Riders
<br />are to be executed by Borrower Icheck box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ 1 -4 Family Rider
<br />❑
<br />VA Rider ❑ Biweekly Payment Rider ❑ Otheds)[specify]
<br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances
<br />and administrative rules and orders (that have the effect of law) as well as all applicable final, non-
<br />appealable judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Property by a condominium association, homeowners
<br />association or similar organization.
<br />(L) "Electronic 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 tent 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 />(M) "Escrow Items" means those items that are described in Section 3.
<br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by
<br />any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (1)
<br />damage to, or destruction of, the Property; (it) condemnation or other taking of all or any part of the
<br />Property; (iii) conveyance in lieu of condemnation, or (iv) misrepresentations of, or omissions as to, the
<br />value and /or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the
<br />Logo.
<br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the
<br />Note, plus (ii) any amounts under Section 3 of this Security Instrument.
<br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 US C. Section 2601 et seq.) and its
<br />implementing regulation, Regulation X (24 C F.R. Part 3500), as they might be amended from time to lime,
<br />or any additional or successor legislation or regulation that governs the same subject matter. As used in this
<br />Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a
<br />"federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan"
<br />under RESPA.
<br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not
<br />that 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
<br />of the Loan, and all renewals, extensions and modifications of the Note; and (it) the performance of Borrower's
<br />covenants and agreements under this Security Instrument and the Note_ For this purpose, Borrower irrevocably
<br />grants and conveys to Trustee, in trust, with power of sale, the following described properly located in the
<br />COUNTY of HALL
<br />[ "fype TReeordi, luriedmlool [Name of RecordlaR Juriadictlonl
<br />SEE EXHIBIT 'A" ATTACHED HERETO AND MADE A PART HEREOF,
<br />NEBRASKA - Single Family- Fannie MaelFreddie Mac UNIFORM INSTRUMENT (MERS) Form 3028 1101
<br />MERS Deed of TnoTNE
<br />2006A -NE (12/11) Page 2 of 12
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