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(C) <br />(L) <br />(M) <br />"Lender" is PLATTE VALLEY STATE BANK & TRUST COMPANY <br />Lender is a CORPORATION <br />organized and existing under the laws of NEBRASKA <br />Lender' s address is 2223 2ND AVENUE <br />KEARNEY, NE 68847 <br />Lender is the beneficiary under this Security Instrument. <br />"Trustee " is WEST GATE BANK 6003 OLD CHENEY ROAD, LINCOLN, NE 68516 <br />"Note" means the promissory note signed by Borrower and dated MAY 22, 2013 <br />states that Borrower owes Lender TWO HUNDRED AND FORTY- F I VE THOUSAND, <br />AND NINETY -THREE <br />Dollars (U. S. $ 245 , 593.00 ) plus interest. Borrower has promised to pay this <br />Periodic Payments and to pay the debt in full not later than JUNE 1, 2043 <br />"Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />"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 />"Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders <br />are to be executed by Borrower [check box as applicable]: <br />El Adjustable Rate Rider 0 Condominium Rider n Second Home Rider <br />El Balloon Rider 0 Planned Unit Development Rider 1 -4 Family Rider <br />VA Rider Biweekly Payment Rider 0 Other(s) [specify] <br />"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 />"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 />"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 />"Escrow Items" means those items that are described in Section 3. <br />"M iscellaneous 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 Property. <br />NMLS# 407650 <br />NEBRASKA-Single Family- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP Q <br />Wolters Kluwer Financial Services <br />113238 <br />201304071 <br />. The Note <br />FIVE HUNDRED <br />debt in regular <br />Form 3028 1/01 <br />VMP6(NE) (1105) <br />Page 2 of 17 <br />