201308205
<br /> plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later
<br /> than OCTOBER 1, 2043
<br /> (F) "Property"means the property that is described below under the heading"Transfer of Rights in the Property."
<br /> (G) "Loan"means the debt evidenced by the Note,plus interest,any prepayment charges and late charges due under
<br /> the Note, and all 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
<br /> to be executed by Borrower [check box as applicable]:
<br /> 0 Adjustable Rate Rider 1=1 Planned Unit Development Rider
<br /> ID Balloon Rider Biweekly Payment Rider
<br /> ID 1-4 Family Rider D Second Home Rider
<br /> Condominium Rider Other(s) [specify]
<br /> (I) "Applicable Law"means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br /> administrative rules and orders (that have the effect of law)as well as all applicable final, non-appealable judicial
<br /> opinions.
<br /> (J) "Community Association Dues, Fees, and Assessments"means all dues, fees, assessments and other charges
<br /> that are imposed on Borrower or the Property by a condominium association, homeowners association or similar
<br /> organization,
<br /> (K) "Electronic Funds Transfer"means any transfer of funds, other than a transaction originated by check, draft,
<br /> or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or
<br /> magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account, Such term
<br /> includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by
<br /> 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 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 in
<br /> lieu of condemnation; or(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br /> (N) "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,
<br /> plus(H)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 loan"
<br /> 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
<br /> 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 /> NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT DocMaglc EIRMO
<br /> Form 3028 1101 Page 2 of 14 www.docmagic,com
<br />
|