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. 201503436
<br /> (D)"Trustee"is Old Republic National Title Insurance Company.
<br /> Trustee's address is 7980 Clayton Rd,Suite 211,St.Louis,Mo.63117.
<br /> (E)"MERS"is Mortgage Electronic Registration Systems,Inc.MERS is a separate corporation that is acting solely
<br /> 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 of
<br /> P.O.Box 2026,Flint,MI 48501-2026,tel. (888)679-MERS.
<br /> (F)"Note"means the promissory note signed by Borrower and dated May 18,2015.The Note states that Borrower owes
<br /> Lender ONE HUNDRED FIFTY-NINE THOUSAND FIVE HUNDRED SIXTY TWO AND NO/100 Dollars
<br /> (U.S.$159,562.00)plus interest.Borrower has promised to pay this debt in regular Periodic Payments and to pay the
<br /> debt in full not later than June 1,2030.
<br /> (G)"Property"means the property that is described below under the heading"Transfer of Rights in the Property."
<br /> (H)"Loan"means the debt evidenced by the Note,plus interest,any prepayment charges and late charges due under the
<br /> 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 to
<br /> be executed by Borrower[check box as applicable]:
<br /> ❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br /> ❑ Balloon Rider ❑ Planned Unit Development Rider � VA Rider
<br /> ❑ 1-4 Family Rider ❑ Biweekly Payment Rider
<br /> ❑ Other[Specify]
<br /> (,n"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 that
<br /> are imposed on Borrower or the Property by a condominium association,homeowners association or similar organization.
<br /> (L)"Electronic Funds Transfer"means any transfer of funds,other than a transaction originated by check,draft,or
<br /> similar paper instrument,which is initiated through an electronic terminal,telephonic instrument,computer,or magnetic
<br /> tape so as to order,instruct,or authorize a financial institution to debit or credit an account.Such term includes,but is not
<br /> limited to,point-of-sale transfers,automated teller machine transactions,transfers initiated by telephone,wire transfers,
<br /> 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,orproceeds paid by any third
<br /> pariy(other than insurance proceeds paid under the coverages described in Section 5)for:(i)damage to,or destruction
<br /> of, the Property; (ii)condemnation or other taking of all or any part of the Properiy; (iii)conveyance in lieu of
<br /> condemnation;or(iv)misrepresentations of,or omissions as to,the value and/or condition of the Property.
<br /> (0)"Mortgage Insurarnce"means insurance protecting Lender against the nonpayment of,or default on,the Loan.
<br /> (P)"Periodic Payment"means the regularly scheduled amount due for(i)principal and interest under the Note,plus
<br /> (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 (12 C.F.R. Part 1024), 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 Instrurrient,"RESPA"
<br /> refers to all requirements and restrictions that are imposed in regard to a"federally related mortgage loan"even if the
<br /> Loan does not qualify as a"federally related mortgage loan"under RESPA.
<br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENTwith MERS Form 3028 1/01
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<br /> ios,inc. Borrower(s)Initials Gc�t--
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