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R�-R'ECO�DED <br />209.20� i <br />(C► "Lender" is BANK OF DONIPHAN <br />Lender is a CORPORATION <br />organized and existing under the laws of THE STATE OF NEBRASKA <br />Lender's address is P 0 BOX 270, DONIPHAN, NE 68832-0270 <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is WEST GATE BANK, 6003 OLD CHENEY ROAD, LINCOLN, NE 68516 <br />(E) "Note" means the promissory note signed by Borrower and dated 07-27-2012 <br />states that Borrower owes Lender ONE HUNDREU SEVENTY THOUSAND FIFTY AND N01100 <br />The Note <br />Dollars (U.S. $ 170,050.00 ) plus interest. Bonower has promised to pay this debt in regular <br />Periodic Payments and to pay the debt in full not later than 08-01-2042 . <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) "Riders" means all Riders to this Security Instrument that are executed by Bonower. The following Riders <br />are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider � Condominium Rider 0 Second Home Rider <br />� Balloon Rider � Planned Unit Development Rider 0 1-4 Family Rider <br />� VA Rider 0 Biweekly Payment Rider � Other(s) [specify] <br />(I) "Applicable Law" 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) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Bonower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" 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 instrument, <br />computer, 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) "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 <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 any part 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 Properiy. <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFOflM INSTRUMENT <br />VMP p <br />Wokers Kluwer Finencial Services <br />20120637 <br />Form 3028 1/O1 <br />VMP61NE1 (11051.60 <br />Page 2 of 17 <br />