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<br /> WHEN RECORDED MAIL TO: "' Z
<br /> CORNERSTONE BANK 0
<br /> Grand Island Main Facility
<br /> 810 North Diets Avenue
<br /> P.O.BOX 1074
<br /> Grand Island,NE 88802-1074
<br /> I (Space Above This Line For Recording Datal
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<br /> PURCHASE MONEY DEED OF TRUST
<br /> DEFINITIONS
<br /> Words used in multiple sections of this document are defined below and other words are defined in Sections 3,11,13,18,20 and 21.
<br /> Certain rules regarding the usage of words used in this document are also provided in Section 18.
<br /> IA) 'Security Instrument"means this document,which is dated September 25,2007,together with all Riders to this document.
<br /> (B) "Borrower"is Susan R Marten;A Single Person. Borrower is the trustor under this Security Instrument.
<br /> IC) "Lender"is CORNERSTONE BANK. Lender is a Corporation organized and existing under the laws of Nebraska. Lender's address is
<br /> Grand island Main Facility,810 North Diers Avenue,P.O,Box 1074,Grand Island,NE 68802.1074. Lender is the beneficiary under this
<br /> Security Instrument.
<br /> (DI "Trustee"is TIERONE BANK.
<br /> (E) "Note'means the promissory note signed by Borrower and dated September 25,2007. The Note states that Borrower owes Lender
<br /> One Hundred Seventeen Thousand Nine Hundred Forty N.00(100 Dollars(U.S.$117,940.00)plus interest. Borrower has promised to pay
<br /> this debt in regular Periodic Payments and to pay the debt in full not later than October 1,2037.
<br /> IF) Property"means the property that is described below under the heading"Transfer of Rights in the Property."
<br /> (0) "Loan"means the debt evidenced by the Note,plus interest,any prepayment charges and late charges due under the Note,end all
<br /> sums due under this Security Instrument,plus Interest.
<br /> (H) "Riders'means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by
<br /> Borrower(check box as applicable]:
<br /> aAdjustable Rate Rider 0 Condominium Rider a Second Home Rider
<br /> a Balloon Rider 0 Planned Unit Development Rider Q Other(s)(specify)
<br /> 0 1-4 Family Rider 0 Biweekly Payment Rider
<br /> II) "Applicable Law"means all controlling applicable federal,state and local statutes,regulations,ordinances and administrative rules and
<br /> orders(that have the effect of law)as well as all applicable final,non-appealable judicial opinions.
<br /> (J) 'Community Association Dues,Fees,and Assessments"means all dues,fees,assessments and other charges that are Imposed on
<br /> Borrower or the Property by a condominium association,homeowners association or similar organization.
<br /> (K) "Electronic Funds Transfer"means any transfer of funds,other than a transaction originated by check,draft,or similar paper
<br /> instrument,which is initiated through an electronic terminal,telephonic instrument,computer,or magnetic tape so as to order,instruct,or
<br /> authorize a financial institution to debit or credit an account. Such term includes,but is not limited to,point-of-sale transfers,automated
<br /> teller machine transactions,transfers initiated by telephone,wire transfers,and automated clearinghouse transfers.
<br /> IL) "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 any third party(other than
<br /> insurance proceeds paid under the coverages described in Section 5)for:(i)damage to,or destruction of,the Property;(ii)condemnation or
<br /> other taking of all or any part of the 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 /> IN) "Mortgage Insurance"means insurance protecting Lender against the nonpayment of,or default on,the Loan.
<br /> (0) "Periodic Payment"means the regularly scheduled amount due for(i)principal and interest under the Note,plus(ii)any amounts
<br /> under Section 3 of this Security Instrument.
<br /> (P) "RESPA"means the Real Estate Settlement Procedures Act(12 U.S.C.§2601 at seq.)and its implementing regulation,Regulation X
<br /> 124 C.F.R.Part 3500),as they might be amended from time to time,or any additional or successor legislation or regulation that governs
<br /> the same subject matter. As used In this Security Instrument,"RESPA"refers to all requirements and restrictions that are imposed in
<br /> regard to a"federally related mortgage loan"even if the 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 has assumed
<br /> Borrower's obligations under the Note and/or this Security Instrument.
<br /> TRANSFER OF RIGHTS IN THE PROPERTY
<br /> This Security Instrument secures to Lender:Ii)the repayment of the Loan,and all renewals,extensions and modifications of the Note;and
<br /> (ii)the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose,Borrower
<br /> irrevocably grants and conveys to Trustee,in trust,with power of sale,the following described property located In the County of Hall:
<br /> Real Property tax identification number is 400110808.
<br /> Lot Two(2),Block Fifty One(51),Charles Wesmer's Third Addition to the city of Grand bland,Hal County,Nebraska
<br /> which currently has the address of 2007 W Louise St.,Grand Island,Nebraska 68803 ("Property Address"):
<br /> (All or part of the purchase price of the Property Is paid for with the money loaned).
<br /> TOGETHER WITH all the Improvements now or hereafter erected on the property,and all easements,appurtenances,and fixtures now
<br /> or hereafter a part of the property. All replacements and additions shell also be covered by this Security Instrument. All of the foregoing is
<br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mao UNIFORM INSTRUMENT Form 30 1/01
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