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�01�U�917 <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late chazges 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 [Sp�ifyl <br />(n "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 all applicable final, non-appealable judicial <br />opinions. <br />(.n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that <br />are imposed on Borrower or the Properiy by a condominium association, homeowners association or similaz organization. <br />(I� "Electronic Funds 1Yansfer" mea.ns any transfer of funds, other than a transaction originated by check, draft, or <br />similar paper instrument, which is initiated through an electronic temvnal, telephonic instrument, computer, or magnetic <br />tape so as to order, instruct, or authorize a financial institudon to debit or credit an account. Such term includes, but is not <br />limited to, point-of-sale transfers, automated teller machine transacrions, transfers initiated by telephone, wire transfers, <br />and automated clearinghouse transfers. <br />(L) KEscrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds» means 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) condemnation or other taking of all or any part of the Properiy; (iii) conveyance in lieu of <br />condemnation; or (iv) misrepresentarions 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 PaymenY' means the regularly 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 seq.) and its implementing <br />regulation, Regulation X(12 C.RR. Part 1024), as they might b�e 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 Inshvment, "RESPA" <br />refers to all requirements and restrictions that are 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 obligations under the Note and/or tkris 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 covenants and agreements under this Security <br />Instrument and the Note. For this purpose, Borrower irrevocably graats and conveys to Tnistee, in t�vst, with power of <br />sale, the following described property located in the County of Hall: <br />See attached Exhibit "A" <br />Parcel ID Number: 400150123 <br />which currently has the address of 506 N Webb Rd <br />Grand Island, NEBRASKA 68803 ("Properiy Address"): <br />NEBRASKA -Single Family-Fannle MaelFreddle Mac UNIFORM INSTRUMENT Fo 028 1/01 <br />Page 2 of 12 � _� 1 �f � <br />ios, inc. Borrower(s) Inttials � Iln / J <br />