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201300494
<br /> V2 WBCD LOAN # 503599191
<br /> (D)"Trustee"is b&ir.04ii ikiStiAN/
<br /> Steffi A. Swanson, Attorney at Law
<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 the beneficiary
<br /> under this Security Instrument.MERS is organized and existing under the laws of Delaware,and has
<br /> an address and telephone number of R.O. Box 2026, Flint, MI 48501-2026,tel. (888) 679-MERS.
<br /> (F) "Note"means the promissory note signed by Borrower and dated JANUARY 14, 2013.
<br /> The Note states that Borrower owes Lender ***ONE HUNDRED FIFTY SEVEN THOUSAND SEVEN
<br /> HUNDRED AND NO/100**********:t***************:r****:r*************************
<br /> ********************************************************************* Dollars
<br /> (U.S. $157,700.00 )plus interest. Borrower has promised to pay this debt in regular Periodic
<br /> Payments and to pay the debt in full not later than FEBRUARY 1, 2043.
<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
<br /> charges 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 /> I (Adjustable Rate Rider I ICondominium Rider I ISecond Home Rider
<br /> I I Balloon Rider I I Planned Unit Development Rider D Other(s) [specify]
<br /> I 11-4 Family Rider I I Biweekly Payment Rider
<br /> I V.A. Rider
<br /> (J) "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
<br /> and other charges that are imposed on Borrower or the Property by a condominium association,
<br /> homeowners association or similar organization.
<br /> (L) "Electronic 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 financial institution to
<br /> debit or credit an account.Such term includes,but is not limited to,point-of-sale transfers,automated
<br /> teller machinetransactions,transfers initiated by telephone,wire transfers,and automated clearinghouse
<br /> transfers.
<br /> (M)"Escrow Items"means those items that are described in Section 3.
<br /> (N)"Miscellaneous Proceeds"means any compensation,settlement,award of damages,or proceeds
<br /> paid by any third party(other than insurance proceeds paid under the coverages described in Section
<br /> 5)for:(i)damage to,or destruction of,the Property:(ii)condemnation or other taking of all or any part
<br /> of the Property;(iii)conveyance in lieu of condemnation;or(iv)misrepresentations of,or omissions as
<br /> to,the value and/or condition of the Property.
<br /> (0)"Mortgage Insurance"means insurance protecting Lender against the nonpayment of.or default
<br /> on,the Loan.
<br /> (P) "Periodic Payment"means the regularly scheduled amount due for(i)principal and interest under
<br /> the Note, plus (ii)any amounts under Section 3 of this Security Instrument.
<br /> (0)"RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its
<br /> implementing regulation, Regulation X(24 C.F.R. Part 1024),as they might be amended from time to
<br /> time,or any additional or successor legislation or regulation that governs the same subject matter.As
<br /> used in this Security Instrument,"RESPA"refers to all requirements and restrictions that are imposed
<br /> in regard to a"federally related mortgage loan"even if the Loan does not qualify as a"federally related
<br /> mortgage loan"under RESPA.
<br /> (R)"Successor in Interest of Borrower"means any party that has taken title to the Property,whether
<br /> or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument.
<br /> TRANSFER OF RIGHTS IN THE PROPERTY
<br /> The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's
<br /> successors and assigns)and the successors and assigns of MERS.This Security Instrument secures
<br /> to Lender: (i)the repayment of the Loan,and all renewals,extensions and modifications of the Note;
<br /> and(ii)the performance of Borrower's covenants and agreements under this Security Instrument and
<br /> the Note.For this purpose,Borrower irrevocably grants and conveys to Trustee,in trust,with power of
<br /> Initials:
<br /> NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 30281/01
<br /> Online Documents,Inc. Page 2 of 11 NEEDEED 1212
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