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201305301 <br /> (K) "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 transactions, <br /> transfers initiated by telephone,wire transfers,and automated clearinghouse transfers. <br /> (L) "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 <br /> any third party(other than insurance proceeds paid under the coverages described in Section 5)for:(i)damage to, <br /> or destruction of, the Property; (ii)condemnation or other taking of all or any part of the Property; <br /> (iii)conveyance in lieu of condemnation; or (iv)misrepresentations of, or omissions as to, the value and/or <br /> condition of the Property. <br /> (N) "Mortgage Insurance"means insurance protecting Lender against the nonpayment of,or default on,the <br /> Loan. <br /> (0) "Periodic Payment"means the regularly scheduled amount due for(i)principal and interest under the Note, <br /> plus(ii)any amounts under Section 3 of this Security Instrument. <br /> (P) "RESPA"means the Real Estate Settlement Procedures Act(12 U.S.C.§2601 et seq)and its implementing <br /> regulation,Regulation X(24 C.F.R.Part 3500),as they might be amended from time to time,or any additional or <br /> successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, <br /> "RESPA"refers to all requirements and restrictions that are imposed in regard to a"federally related mortgage <br /> 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 <br /> that party has assumed 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: (i)the repayment of the Loan, and all renewals, extensions and <br /> modifications of the Note;and(ii)the performance of Borrower's covenants and agreements under this Security <br /> Instrument and the Note. For this purpose,Borrower irrevocably grants and conveys to Trustee,in.trust,with <br /> power of sale,the following described property located in the County <br /> Of Hall [Type of Recording Jurisdiction] <br /> [Name of Recording Jurisdiction] <br /> Lot One Hundred Seventy-Nine(179),Belmont Addition,City of Grand Island,Hall County, <br /> Nebraska. <br /> which currently has the address of412 Waldo Ave <br /> [Street] <br /> Grand Island ,Nebraska 68803 ("Property,Address"): <br /> [City] [Zip Code] <br /> TOGETHER WITH all the improvements now or hereafter erected on the property,and all easements, <br /> appurtenances,and fixtures now or hereafter a part of the property. All replacements and:additions shall also be <br /> covered by this Security Instrument All of the foregoing is referred to in this Security Instrument as the <br /> "Property." <br /> NEBRASKA--Single Family—Fannie MaefFreddie Mac UNIFORM INSTRUMENT Form 3028 1/01 (page 2 of9pages) <br /> 9754 CV(7/11) 3-1I3509 Creative Thinking,Inc. <br /> GOTO(O04ceaf3) <br /> f_ <br />