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201403712
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6/20/2014 2:53:43 PM
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6/20/2014 2:53:42 PM
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DEEDS
Inst Number
201403712
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NEBRASKA <br />ITEM 1915L2 (111513) <br />201403712 <br />(E) "Note" means the promissory note signed by Borrower and dated June 19, 2014 . The Note <br />states that Borrower owes Lender One Hundred Twenty Two Thousand Five Hundred Fifty and <br />no /100 Dollars (U.S. $122,550.00 ) <br />plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full <br />not later than July 01, 2044 <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "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 />(H) "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 />(1 Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider <br />n Balloon Rider n Planned Unit Development Rider n VA Rider <br />n 1 -4 Family Rider n Biweekly Payment Rider ❑ Other(s) [specify] <br />(I) "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 />(.1) "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 <br />or similar organization. <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 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, <br />the Loan. <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />NEBRASKA— Single Family — Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />GreatDocs° <br />(Page 2 of 14) <br />130850 <br />
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