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201206877
<br />(G� 'Z.ender" is BNC NATIONAL BANK
<br />Lender is a NATIONAL BANKING ASSOCIATION organized
<br />and existing under the laws of UNITED STATES .
<br />Lender' s address is 2 017 5 N. 6 7TH AVENUE , GLENDALE , ARI ZONA 8 5 3 0 8
<br />(D) 'Trustee" is ANDREW D. ROMATZKE, A MEMBER QF THE NEBRASKA STATE BAR ASSC.
<br />503 W KOENIG ST, GR.AND ISLAND, NEBRASKA 68801
<br />(E) "MERS" is Mortgage Elecironic Registration Systems, Inc, MERS is a separate cozporation that is acting
<br />solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary under this Security
<br />Tnstrument MERS is organized and existing under the laws of Delaware, and has an address and telephone number
<br />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 AUGUST 14 , 2 012 .
<br />The Note states that Bonower owes Lender E I GHTY - F I VE THOUSAND F I VE HUNDRED AND
<br />00/100 Dollazs (U.S. $ 85, 500 . 00 )
<br />plus interest. Borrower has promised to pay this debt in ragulaz Periodic Payments and to pay the debt in full not
<br />laterthan SEPTEMBER 1, 2042 ,
<br />(G) 'Troperiy" means the groperty that is described below under the heading "Transfer of Rights in the Property."
<br />(� "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under
<br />the Note, and all sums due under this Security Instrument, plus interest.
<br />(n "Riders" means all Riders to this Security Instrument that aze executed by Borrower. The following Riders are
<br />to be executed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider
<br />� Balloon Rider
<br />❑ 1-4 Family Rider
<br />� Condominium Rider
<br />� Planned Unit Development Rider
<br />� Biweekly Payment Rider
<br />� Secottd Home Rider
<br />� Other(s) [specify]
<br />VA Assumption Policy Rider
<br />(.n "Applieable Law" means a11 cotttrolling applicabla federal, state and local statutes, regulations, ordinances and
<br />administrative zules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial
<br />opinions.
<br />(I� "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other chazges
<br />that are imposed on Bortower or the Property by a condominium association, homeowners association or similar
<br />organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft,
<br />or similar paper instrument, vvhich is initiated through an electronic terminal, telephonic instrument, computer, or
<br />magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term
<br />includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by
<br />teIephone, wire transfers, and automated clearinghouse transfers.
<br />(Nn "Escrow Items" means those items that are descnbed in Section 3.
<br />(1� '7Vliscellaneous Proceeds" means any compensation, settlement, award of damages, ar proceeds paid by any
<br />khird party (other than insurance proceeds paid under the coveragas descnbed in Section 5) for: (i) damage to, or
<br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in
<br />Iieu of condemnation; or (iv) misrepresentations of, or oaussions as to, the value and/or condition of the Property.
<br />NEBRASKA-Single Family-UNIFORM INSTRUMBdT DoeMaglc �
<br />MODiFim FOR D�ARTMENT QF VETBZANS APFAIRS - MERS www.doanaglc. com
<br />(Rev. 1/01) Page 2 of 14
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