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�01208915
<br />(C) "Lendel'" is First National Bank of Layton (OTHER)
<br />Lender is a National Bank
<br />organized and existing under the laws of i n t h e s t a t e o f ut a h .
<br />Lender's address is 136 West 12300 South, Draper, UT 84020
<br />(D) "Tiustee" is Fidelity NAtional title Insurance Solutions
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is
<br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS is tha beneficiary
<br />under this Security Instrument. MERS is organized and existing under the laws of Delaware, and has an
<br />address and telephone number of P.O. Box 20Z6, Flint, MI 48501-20Z6, tel. (888) 679-MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated october 8, 2012 .
<br />The Note states that Borrower owes LenderTwo Hundred Twelve Thousand Five Hundred
<br />One and 00/100 Dollars
<br />(U. S. $ 212 , 5 01. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periadic
<br />Payments and to pay the debt in full not later than tvovember 1, 2042 .
<br />(G) °Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges
<br />due under the 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
<br />Riders are to be executed by Borrower [check box as applicable] :
<br />0 Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider
<br />� Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider
<br />� VA Rider � Biweekly Payment Rider � Other(s) [specify]
<br />(7) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final,
<br />non-appealable judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Property by a condominium association, homeowners
<br />association or similar organization.
<br />(L) "Electranic Funds Transfer" means any transfer of funds, other than a transaction originated by
<br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic
<br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a fmancial insdtution to debit
<br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller
<br />machine transactions, Uansfers initiated by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />(M) "Escrow Items" means those items that are described in Section 3.
<br />(1�T) "Miscellaneous Pr�aeds" means any compensation, setdement, award of damages, or proceeds paid
<br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i)
<br />damage to, or destrucflon 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 Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
<br />87849123 0085755908
<br />NEBRASKA - Single Family - Fennfe Mae/Freddie Mac UNIFORM INSTRUMENT WITH MHtS,�,p
<br />�y --6A(N� (os�o) Page 2 of 15 i��uei5: �°. �'�� Form 3028 1/01
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