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201803085 <br />RE RECORDE <br />201802379 <br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ 1 -4 Family Rider <br />X VA Rider <br />(J) "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 fmal, <br />non - appealable judicial opinions. <br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and <br />other charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />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 />(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 <br />paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) <br />for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of <br />the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, <br />the value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default <br />on, the Loan. <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under <br />the Note, plus (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 <br />implementing regulation, Regulation X (24 C.F.R. Part 3500), 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 used <br />in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard <br />to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage <br />loan" under RESPA. <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or <br />not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />Biweekly Payment Rider ❑ Other(s) <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 />A tract of land comprising a part of the Northeast Quarter (NE1 /4) of Section Eight (8), Township <br />Twelve (12) North, Range Nine (9) West of the 6 P.M., in Hall County, Nebraska, more particularly <br />described as follows: Beginning at a point on the north line of said Section Eight (8), said point being <br />Forty (40) feet west of the Northeast corner of said Section Eight (8); thence westerly along the north <br />line of said Section Eight (8), a distance of One Thousand One Hundred Sixty-Eight and Fifteen <br />NEBRASKA -- Single Family -- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 (page 2 of 15 pages) <br />