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<br />(C) "Lender" is FIRST NATIONAL BANK
<br />Lender is a SOUTH DAKOTA BANKING CORPORATION organized
<br />and existing under the laws of SOUTH DAKOTA
<br />Lender's address is 632 MAIN STREET, RAPID CITY, SOUTH DAKOTA 57701
<br />(D) "Trustee" is ADVANTAGE TITLE SERVICES
<br />503 W KOENIG ST., GRAND ISLAND, NEBRASKA 68801
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting
<br />solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary under this Security
<br />Instrument. MERS is organized and existing under the laws of Delaware, and has an address and telephone number
<br />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 SEPTEMBER 11, 2 014
<br />The Note states that Borrower owes Lender ONE HUNDRED SEVENTY -TWO THOUSAND FIVE
<br />HUNDRED AND 00 /100 Dollars (U.S. $ 172, 500 . 00 )
<br />plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not
<br />later than OCTOBER 1, 2044
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(II) "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 />(I) "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 />El Adjustable Rate Rider
<br />Balloon Rider
<br />1 -4 Family Rider
<br />(l Condominium Rider
<br />(3) "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 />(K) "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 />(L) "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 />(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 in
<br />lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and /or condition of the Property.
<br />NEBRASKA - Single Family- UNIFORM INSTRUMENT
<br />MODIFIED FOR DEPARTMENT OF VETERANS AFFAIRS - MERS
<br />(Rev. 1/01) Page 2 of 14
<br />201405770
<br />Planned Unit Development Rider
<br />fl Biweekly Payment Rider
<br />Second Home Rider
<br />Other(s) [specify]
<br />VA Assumption Policy Rider
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