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2� 1 ���928
<br /> L�AN#: 3�23D320fi1
<br /> �D3 "Trustee" is ' .
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<br /> �� ��. �D►
<br /> 1 ��� �� ti��� �-r��- ����
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<br /> �E� "MERS" is Mortgage Ele��ranic F�egistration Sys��ms, �nc. MERS �s a s�parate�orporation that is
<br /> act�ng sale�y as a nvminee for Lender and Lend�r'�succe�so�s and assigns. MERS is the b�ne��iary
<br /> under this Security Instrument. �1�I�F�S i�organized and ex�sting under the laws af D�laware, and has
<br /> an address and tefe�hone numb�r of P.�. Box�D26, Flirtt, M� 48�D�-���s, fie�. �885� 679-M�RS.
<br /> �F� "IVate" means the promiss�ry not� sign�d by Ba�rower and dated �ctaber'13, Z��I fi.
<br /> The Nate states��at Barrow�r ow�s Lend�r TW� HUNDRED TWENTY EICHT TH�USAN13 EI�HT
<br /> HUNDREDFIFTYF�UFtANDN�!'I��*�`** * * ** **** * * **** * **** ***** ** * **** * * * ** **
<br /> * **** ********** **** * ***** ** ******* ** * *********** * �r********* * * **C�o��ars
<br /> �U.�. $228,854.�� } pius int�rest. Borrower has prom�sed ta �ay this de�t in r��ular p�riad�c
<br /> Payments and to pa�1�he debt in fu�l nat later than Na�em�er�, ��46,
<br /> �G� "Prapertyrr means �he property that is d�scr�bed bel�w und�r the head�ng "Transfer af F��gh�s ir�
<br /> the Proper�y."
<br /> �H} "Loan" m�ans the de�t evi��r�ced by th� Nofi�, plus inter�st, an� prepayrnent charges and �ate
<br /> �harges due under�h� Nate, and al� sur�ns due under this 5ecuri�y Instrument, p�us inter�st.
<br /> �I� "R�ders" means all F�iders to this Se�u�ity Inst�ument that are executed �y �orrow�r.The f�i�owing
<br /> R�ders ar��o �e executed by Bor�awer�ch�ck box as appl�cable�:
<br /> � Adjus�abf� Rate R�der �7 �ondominium Ri�er ❑ SecondHam�Rider
<br /> ❑ Ballaon Rider ❑ Planned Unit D��e�apment Rider ❑ �th�r�s} [spec�fy]
<br /> � 1-�4 Family Rider ❑ Biv�reekly Payment Rider
<br /> L� V.A. Rider
<br /> 4Jj "Applicab�e Law" means ai� con#ra�ling app�icaiai� federal, state and iocai statu�es, regulations,
<br /> ❑rdinances and administrat�ve rul�s and orders �that ha�� the effe�t af law} as well as all applicabfe
<br /> finai, non-appealable judi�ial vpin�vns. ;
<br /> �K� "C�mmunity As�o�iati�n Due�,F�es,and Assessment�"means all dues,fees,assessments a��
<br /> �
<br /> o�h�r charges that are imp�sed on B�rrower�r th�P�opert}�by a candom�n�um as�acia�i�n,hom��wn�rs
<br /> assacia�ian vr sim�lar�rgan��at�an. �
<br /> �L� "Electr�n�c Funds Transfer" means any tran�f�r vf funds, other tha� a transac�ion ori��nated by
<br /> ch�ck, draf�, or similar paper in�tru�rn�nt, �rhich is init�at�d �hrou�� an electronic t�rm�nal, �ei�phon�c �
<br /> in�trumen�,computer,or m�gnetic tap�so as to ord�r, ins�ruct,ar authorize a f�nancial ins�itu��on t�de�it
<br /> �
<br /> or credi�an account. Such t�rm �nc�udes, �u� is no��imited to, paint�ofwsaie transf�rs, au��mated tell�r '
<br /> ;
<br /> machine trar�sactians, �ransf�rs initiated �y tetephone, wir� �ransfers, an�1 au��ma�ed c�earin�h�u�� �
<br /> transfers. �
<br /> �
<br /> �IVI� "Escrow Items" means thas� items�hat ar�described in Se�tion 3. i
<br /> tN� "Miscellaneous Proce�ds"m�an�any c�mpensa��on,settlemen�,award of damag��,o�pr�ceeds I
<br /> pa�d by any third par�y �other than insuranc� praceeds paid under the coverages describ�d in Sec�ton �
<br /> �} f�r: �i} damage�o, o�destruction vf, the F'r�perty; �ii} cand�mnat�an ar oth�r taking of a�l ar any part
<br /> �f the Prop�rty; �iii} conveyance in lieu of eondemna��on; ar�iv} misrepr�sentatians of, ar o�nissi�ns as
<br /> �o, the valu�andlar condition af�h� Praperty.
<br /> �C]y "Mortgage In�urance" means in�uranc� prvtecting Lender aga�nst the nflnpayment of, or defauit
<br /> on, rh� L�an.
<br /> �P� "Periadic Payment" mean�the regularly s�hedu�ed amount due far�i}princ�pal and�nterest und�r
<br /> �he Note, plus �ii} any amounts under S�c�ion 3❑f�his 5ecuri� Instrumen#.
<br /> {Q� "RESPA" means the F�eal Esta�e Settlem�n� Proc�dures Act ��� U.S.C. �2641 et seq.} and i�s
<br /> impler�nen�ing r�gulation, Regulation � ��2 C,F.R. Part 1�24}, as they migf�t be amend�d fr�rn �ime ��
<br /> time, or any addi�ional or successor legis�a�ion �r regulation tha�go�erns the same sula�ect rr�a�t�r.As
<br /> used in �his Security Instrum�n�, "RESP►�" r��ers tv all requirer�nents and r�strict�ans that a�e imposed
<br /> in regar�to a"federally rela�ed mortg�ge I��n" even if the Loan dfles n��qualify as a"fed�rally rela�ed
<br /> mor�gage loan" und�r RES�'A.
<br /> {R� "Successar in ir�terest of B�rravver"rneans any party�hat has taken titfe to the Proper�y,whe�her
<br /> or n�t that party ha�s assumed Borrower's abiiga�i�ns under th� Nv�e andlor this S�curity Instru�ent.
<br /> TRANSFER �F RI�HTS Ihf THE PF�C]F'ERTY
<br /> The beneficiary of this Security In�trument is MERS �s�leiy as norn�nee #ar Lender and Lende�'�
<br /> succes�ors and as�i�ns} and th� su�cess�rs and assigns of IVIERS. This S�curi�y Instrument seGures
<br /> ta Lend�r: �i} �he repayment of the Loan, and ail renewa�s, extensians and madificativns of the IUote;
<br /> and �ii} the per�armance �f Borrower's cavenants and agreements under this Securi�y �nstrumen�and
<br /> the Note. For this purp�se, Borro►�ver irrevoc�bly grants and conv�y�to Trustee, in #rus�, �rith power of
<br /> NEBRASKA--Single Family--Fann�e MaelFreddie Mac UNIF�RM INSTRUMENT Form 3028110'I
<br /> Ellie Mae,Inc. Page � of 11 NEEDEED �3�5
<br /> NEEDEE❑(CL5}
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