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Chicago Title Insurance Company in care of
<br />(D) "Trustee" is GRAND ISLAND ABSTRACT,704 WEST 3RD ST, PO BOX 627,
<br />GRAND ISLAND, NE 68801
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate
<br />corporation that is acting solely as a nominee for Lender and Lender's successors and assigns.
<br />MERS is the beneficiary under this Security Instrument. MERS is organized and existing
<br />under the laws of Delaware, and has an address and telephone number of P.O. Box 2026, Flint,
<br />MI 48501 -2026, tele. (888) 679 -MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated March 4th
<br />2016 . The Note states that Borrower owes Lender
<br />ONE HUNDRED TWELVE THOUSAND AND NO /100
<br />Dollars (U.S. $ 112,000.00 ) plus interest. Borrower has promised to pay this
<br />debt in regular Periodic Payments and to pay the debt in full not later than
<br />April 1st, 2031
<br />(G) "Property" means the property that is described below under the heading "Transfer of
<br />Rights in the Property."
<br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges
<br />and late charges due under the Note, and all sums due under this Security Instrument, plus
<br />interest.
<br />(I) "Riders" means all Riders to this Security Instrument that are executed by Borrower.
<br />The following Riders are to be executed by Borrower [check box as a , , icable] :
<br />El Adjustable Rate Rider [] Condominium Rider L-7 Second Home Rider
<br />CJ Balloon Rider 0 Biweekly Payment Rider [2] 1 -4 Family Rider
<br />= Other(s) [specify] El Planned Unit Development Rider
<br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes,
<br />regulations, ordinances and administrative rules and orders (that have the effect of law) as well
<br />as all applicable final, non - appealable judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees,
<br />assessments and other charges that are imposed on Borrower or the Property by a condominium
<br />association, homeowners association or similar organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction
<br />originated by check, draft, or similar paper instrument, which is initiated through an electronic
<br />terminal, telephonic instrument, computer or magnetic tape so as to order, instruct, or authorize
<br />a financial institution to debit or credit an account. Such term includes, but is not limited to,
<br />point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone,
<br />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
<br />proceeds paid by any third party (other than insurance proceeds paid under the coverages
<br />described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or
<br />other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv)
<br />misrepresentations of, or omissions as to, the value and /or condition of the Property.
<br />NEBRASKA — Single Family -- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01
<br />GCC - m3028 -02 (01/12) (Page 2 of 19)
<br />201601403 •
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