|
20130815E
<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 association or
<br /> 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 transactions,
<br /> 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 any
<br /> third party(other than insurance proceeds paid under the coverages described in Section 5)for:(i)damage to,or
<br /> destruction of,the Property;(ii)condemnation or other taking of all or any part of the Property;(iii)conveyance
<br /> in lieu of condemnation; or(iv)misrepresentations of,or omissions as to, the value and/or condition of the
<br /> Property.
<br /> (0) "Mortgage Insurance"means insurance protecting Lender against the nonpayment of,or default on,the
<br /> Loan.
<br /> (P) "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 /> (Q) "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 /> (R) "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 /> The beneficiary of this Security Instrument is MERS(solely as nominee for Lender and Lender's successors and
<br /> assigns)and the successors and assigns of MERS.This Security Instrument secures to Lender: (i)the repayment
<br /> of the Loan,and all renewals,extensions and modifications of the Note;and(ii)the performance of Borrower's
<br /> 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
<br /> located in the County of Hall
<br /> [Type of Recording Jurisdiction] [Name of Recording Jurisdiction]
<br /> Lot One(1),Hockensmith Subdivision,Hall County,Nebraska,according to the recorded plat thereof,
<br /> subject to county road right-of-way on the West.
<br /> which currently has the address of 15421 Hilltop Road
<br /> [Street]
<br /> Hastings .Nebraska 68901 ("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" Borrower understands and agrees that MERS holds only legal title to the interests granted by
<br /> NEBRASKA--Single Family—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT(MERS) Form 3028 1/01 (page 2 of 9 pages)
<br /> 12439.CV(9/11) 6899638340 Creative Thinking,Inc.
<br /> GOTO(004d5200
<br />
|