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201,20425
<br />Chicago Title Insurance Company �
<br />(E) "Trustee" is ���� lSl�r,P,��q� �,���p�►,�r�; �Cp��oa w
<br />3rd SVeet, Grand Island, NE 68801
<br />(E) "MERS" is Mortgage Elechonic RegistraHon Systems, Inc. MERS is a separate
<br />corporatlon that is acting solely as a nominee for Lender and Lender's successors and assigns.
<br />MERS is the beneficiary under this S�urity Instrument. MERS is organized and existing
<br />under the laws of Delaware, and has an address and telephone number of P.O. Box 2026, Flint,
<br />MI 48501-2026, tele. (888) 679-MERS.
<br />(F) "Nota" means the promissory note signed by Bonower and dated May 29th
<br />2012 . The Note states that Borrower owes Lender
<br />ONE HUNDRED EIGHTY FIVE THOUSAND AND NO/100
<br />Dollars (U.S. $ 185,000.00 ) plus interest. Borrower has promised to pay this
<br />debt in regular Periodic Payments and to pay the debt in full not later than
<br />June 1st, 2042 .
<br />(G) "Proparty" means the property that is described below under the heading "Transfer of
<br />Rights in the Property."
<br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges
<br />and late charges due under the Note, and all sums due under this Security Instivment, plus
<br />interest.
<br />(I) "Riders" means all Riders to this Sec�rity Instrument that are executed by Borrower.
<br />The following Riders are to be executed by Bonower [check box as a�pl,icable]:
<br />� Ad,justable Rate Rider 0 Condominium Rider I�1 Second Home Rider
<br />0 Balloon Rider 0 Biweekly Payment Rider � 1-4 Family Rider
<br />0 Other(s) [specify] � Planned Unit Development Rider
<br />(J) "Applicable Law" means all controlling appllcable federal, state and local statutes,
<br />regulations, ordinances and administrative rules and orders (that have the effect of law) as well
<br />as all applicable flnal, non-appealable judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees,
<br />assessments and other charges that are imposed on Borrower or the Property by a condominium
<br />associallon, homeowners association or similar organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction
<br />originated by check, draft, or similar paper instr�ment, which is iniflated through an electronic
<br />terminal, telephonic instrument, computer or magneNc tape so as to order, instruct, or authorize
<br />a financial institution to debit or credit an account. Such term includes, but is not limited to,
<br />point-of-sale transfers, automated teller machine transactions, transfers iniflated by telephone,
<br />wire transfers, and automated clearinghouse transfers.
<br />(Nn "Escrow Items" means those items that are described in Section 3.
<br />(1� "Miscellan�ns Proc�eds" means any compensaflon, settlement, award of damages, or
<br />proceeds paid by any third party (oWer than insurance proceeds paid under the coverages
<br />described in Secflon 5) for: (i) damage to, or destrucflon of, the Property; (ii) condemnation or
<br />other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv)
<br />misrepresentations of, or omissions as to, the value and/or condition of the Prop�.
<br />NEBRASKA — Siogle Fam11y — F�10 Mm/Ftoddio Mec i1t�+ORb1 INBTAUNffi�1T Form 3026 U01
<br />GCC - m3028-02 (09/Ol) (Page 2 of19) Initials: �e�t�,�
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