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20120687G
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the
<br />Note, and a11 sums due under this Security Instrument, plus intere.st.
<br />(I-n "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are 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 [Sp�ifyl
<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 a11 applicable fina1, non-appealable judicial
<br />opinions.
<br />(.n "Community Association Dues, Fees, and Assessments" means a11 dues, fees, assessments and other charges that
<br />aze imposed on Borrower or the Properiy by a condominium association, homeowners association or similaz organizadon.
<br />(K) "Electronic Funds 'I�ansfer" means any transfer of funds, other than a transaction originated by check, dtaft, 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 transfers,
<br />and automated clearinghouse tra.nsfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third
<br />pariy (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction
<br />of, the Property; (ii) condemnation or other taking of a11 or any 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 this Security Instrument.
<br />(P) "RESPA" means the Rea1 Estate Settlement Procedures Act (12 U.S.C. § 2601 et seg.) and its implementing
<br />regularion, 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, "RESPA"
<br />refers to all requirements and restrictions that are imposed in regazd 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 pariy that has taken title to the Properiy, whether or not that pariy
<br />has assumed Borrower's obligations 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 (ri) the performance of Borrower's covenaats and agreements under this Security
<br />Instiument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of
<br />sa1e, the following described property located in the County of Hall:
<br />Lot Nine (9), Capital heights Seventh Subdivision in the City of Grand Island, Hall County, Nebraska.
<br />Parcel ID Number: 400154153
<br />which currently has the address of: 4215 Arizona Ave
<br />Grand Island, NEBRASKA 68803 ("Property Address"):
<br />NEBRASKA -Single Famlly-Fannle MaelFreddie Mac
<br />IDS, Inc.
<br />DRM INSTRUMENT Form 028 1/01
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<br />Borrower(s) IniUals
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