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2 0 1 8 01 400 <br />[ J Adjustable Rate Rider [ ] Condominium Rider [ ] Second Home Rider <br />[ 1 Balloon Rider [ Planned Unit Development Rider [1 VA Rider <br />[1 1 -4 Family Rider [} Biweekly Payment Rider [ ] Other(s) [specify] <br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, <br />non - appealable judicial opinions. <br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments <br />and other charges that are imposed on Borrower or the Property by a condominium association, <br />homeowners association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated <br />by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />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 <br />proceeds paid by any third party (other than insurance proceeds paid under the coverages described in <br />Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any <br />part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions <br />as to, the value and /or condition of the Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or <br />default on, the Loan. <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest <br />under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its <br />implementing regulation, Regulation X (12 C.F.R. Part 1024), as they might be amended from time to <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As <br />used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in <br />regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related <br />mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, <br />whether or not that party has assumed Borrower's obligations under the Note and /or this Security <br />Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions <br />and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described property located in the COUNTY of Hall: <br />Lot Fifteen (15), Block Four (4), Olde Mill Subdivision, City of Grand Island, Hall County, <br />Nebraska. <br />which currently has the address of 2812 Stagecoach PI, Grand Island, Nebraska 68801 ( "Property <br />Address "): <br />1111111111 1111 <br />* 7 0 3 4 4 <br />NEBRASKA Sing e Family Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />Mortgage Cadence Document Center ® 3027 01/14 <br />111111 <br />,r M C M O R T D O T * <br />Form 3028 1/01 (page 2 o 14 pages) <br />