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201204693
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Last modified
6/12/2012 3:57:17 PM
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6/12/2012 3:57:16 PM
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201204693
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201204693 <br />(C�) " FARGO BANK, N.A. <br />Lender is a National Association <br />organized and existing under the laws of THE UNITED STATES OF AMERICA <br />Lender's address is 101 NORTH PHILLIPS AVENUE <br />SIOIIX FALLS, SD 57104 <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is WELLS FARGO Firtp,t�tci� �,� sNx <br />(E) "NOte" means the promissory note signed by Bonower and dated �+Y 25, 2012 _ The Note <br />states that Borrower owes Lender ONE HUNDRED EIGHT THOUSAND AND NO/100 <br />Dollars (U.S. $****108, 000. 00 ) plus interest. Borrower has promised to pay this debt in regular <br />Periodic Payments and to pay the debt in full not later than �N1�1E 1, 2042 . <br />(F) " Property " means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) " 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 />(H) "Rldel'S" means all Riders to this Sc;curity Instntment that are executed by Borrower_ The following Riders <br />are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider � Condominium Rider � Second Home Rider <br />0 Balloon Rider � Planned Unit Development Rider 0 1-4 Family Rider <br />� VA Rider � Biweekly Payment Rider 0 Other(s) [specify] <br />(I) " ApplieableLaw" 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-appealable <br />judicial opinions. <br />(J) " CommunityAssoeiationDues, Fees, and Assessments"means all dues, fees, assessmentsand other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) " EleetronieFundsTransfer" 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 insirument, <br />coinputer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an <br />account. Such term 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 />(L) "Eserow Items" means those items that are described in Section 3. <br />(M) "MiscellaneousProceeds"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: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or aay patl 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 />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 30281/01 <br />VMP � VMPB(NE) (1105).00 <br />Wolters Klwver Financial Services Page 2 of 17 <br />
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