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in Section 16.
<br />20130
<br />23081100371
<br />(A) "Security Instrument" means this document, which is dated JULY 25, 2013, together with all
<br />Riders to this document.
<br />(B) "Borrower" is JAMES M HOBBS A SINGLE MAN. Borrower is the trustor under this Security
<br />Instrument.
<br />(C) "Lender" is PRIMELENDING, A PLAINSCAPITAL COMPANY. Lender is a CORPORATION
<br />organized and existing under the laws of TEXAS. Lender's address is 18111 PRESTON ROAD, SUITE
<br />900, DALLAS, TX 75252.
<br />(D) "Trustee" isp,/ / #O14 ljt4/ �Ontbfl/#i /I trivi. First American Title Insurance
<br />(E) i s Mortgage e E lectronic R tstration Systems, Inc. MERS is a separate corporation that is
<br />() gg g Y P P
<br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary under
<br />this Security Instrument. MERS is organized and existing under the laws of Delaware, and has an address
<br />and telephone number of P.O. Box 2026, Flint, MI 48501 -2026, tel. (888) 679 -MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated JULY 25 , 2013. The Note states
<br />that Borrower owes Lender TWO HUNDRED THIRTY THOUSAND AND 00 /100 Dollars (U.S.
<br />$230, 000.00) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to
<br />pay the debt in full not later than AUGUST 1, 202
<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 charges
<br />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 />❑ Adjustable Rate Rider ❑ Condominium Rider El Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider El Biweekly Payment Rider
<br />❑ 1 -4 Family Rider ❑ Other(s) [specify]
<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, non
<br />- appealable judicial opinions.
<br />(K) "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 />(L) "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 />(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 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 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 />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />NEBRASKA -- Single Family -- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />116> 338.18 Page 2 of 14
<br />Form 30281/01
<br />Company
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