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�E RECORDED
<br />201204964 2012036G�
<br />(G) °`Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the
<br />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 aze to be
<br />executed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />� Balloon Rider ❑ Planned Unit Development Rider ❑ VA Rider
<br />❑ 1-4 Family Rider ❑ Biweekly Payment Rider
<br />❑ Other [SpecifYl
<br />(n "Applicable Law" means a11 controlling applicable federal, state aad local statutes, regularions, ordinaaces and
<br />administrative rules and orders (that have the effect of law) as well as a11 applicable fina1, non-appealable judicial
<br />opinions.
<br />(.n "Community Associatiton Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that
<br />are imposed on Borrower or the Property by a condominium association, homeowners association or similaz organization.
<br />(I� "Electronic Funds 1Yansfer" means any transfer of funds, other than a transaction originated by check, draft, or
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic
<br />tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not
<br />limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire tcansfers,
<br />and automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(Nn �MisceUaaeous Proceeds" meaas any compensation, settlement, awazd of damages, or proceeds paid by any third
<br />party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction
<br />of, the Property; (ii) condemnadon or other taking of all or aay part of the Property; (iii) conveyance in lieu of
<br />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, plus
<br />(ii) any amounts under Section 3 of tlris Security Instrument.
<br />(P) "RESPA" means the Rea1 Estate Settlement Procedures Act (12 U.S.C. § 2601 et seg.) 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 goveras the same subject matter. As used in this Security Instrument, "RESPA"
<br />refers to all requirements and restrictions that aze imposed in regard to a"federally related mortgage loan" even if the
<br />Loan does not qualify as a"federally related mortgage loan" under RESPA.
<br />(Q) °'Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party
<br />has assumed Borrower's obligarions under the Note and/or this Security Instrument.
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and
<br />modifications of the Note; and (u) the performance of Borrower's covenants and agreements under this Security
<br />Instrument and the Note. For this purpose, Bonower irrevocably gants and conveys to Trustee, in �rust, with power of
<br />sa1e, the following described property located in the County of Hall:
<br />Lot Eleven (11), Block Four (4), in Boggs & Hill's Addition to the City of Grand Island, Hall County,
<br />Nebraska.
<br />Parcel ID Number: 4000Z0300
<br />Mae/Freddie Mac UNIFORM INSTRUMENT
<br />Page 2 of 13
<br />ios, i�a Borrower(s) Initlals
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