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<br />STATE OF NE'rBRASKA C M Cn © (N
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<br />Platte County } s s' T&F S-- = D z x = CM �+ o
<br />Entered In Numerical Index and Flied fbr = cVn C-J G
<br />Record In the Recorder's Office of said •Jl� tr Q
<br />County this 11th day of October ,: c., O y
<br />A.D. 20 01 at 1:30 o'clock P.M. �
<br />Recorded In Boo of Mortgages T1 -�I
<br />Page 749 thereof. 2 �'�"
<br />�• MARGIE SERGENT M
<br />t Register of Dee s tp v 1+� E3
<br />M
<br />By: ,"o it J In
<br />�. Fee $35.50 Deputy 0 Z
<br />Will call- Platte County Title U,
<br />& Escrow Co., City
<br />o [Space Above This Line For Recording Data]
<br />NOTICE: This instrument constitutes a construction securit interest under the Nebraska Construction Lien Act.
<br />DEED OF TRUST
<br />DEFINITIONS
<br />Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 and 21.
<br />Certain rules regarding the usage of words used in this document are also provided in Section 16.
<br />(7
<br />(A) "Security Instrument" means this document, which is dated 0 C T 0 B E R 4 , 2 0 0 1 , together with all Riders to this
<br />document.
<br />(B) "Borrower" is
<br />T A Y L O R, and Judith H. Taylor,
<br />. Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is FIRST NATIONAL BANK AND TRUST COMPANY . Lender isa
<br />C o r p o r a t i o n organized and existing under the laws of THE LINITFO S_TATFS
<br />O F A M E R I C A Lender's address is P.O. BOX 730, COLLIMBLIS, NF 68602 0730
<br />this Security Instrument. Lender is the beneficiary under
<br />(D) "Trustee" is FIRST NATIONAL BANK AND T U S T C 0MPANY 0 U M B U S NF
<br />(E) "Note" means the promissory note signed by Borrower and dated - 0 C T 0 B E R 4 , 2 0 0 1 . The Note states that
<br />Borrower owes Lender
<br />Dollars (U.S. $ I s o_ 0 0 0. 0 0 ) plus interest.
<br />Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than S F P T F M B F R 4 .
<br />_2nn) .
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and
<br />all sums due under this Security Instrument, plus interest.
<br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by
<br />BBorrower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Other(s) [specify]
<br />❑ 1 -4 Family Rider ❑ Biweekly Payment Rider
<br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative
<br />rules and orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions.
<br />(J) "Community Association Dues, Fees and Assessments" means all dues, fees, assessments and other charges that are
<br />Imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.
<br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper
<br />Instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order,
<br />instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale
<br />transfers, automated teller 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 proceeds paid by any third party
<br />I than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property;
<br />it condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations
<br />o , or omissions as to, the value and /or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any
<br />amounts under Section 3 of this Security Instrument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. 2§01 et seq.) and its implementing regulation,
<br />Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or
<br />regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and
<br />restrictions that are imposed in 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 parry that has taken title to the Property, whether or not that party has
<br />assumed Borrower's obligations under the Note and /or this Security Instrument.
<br />AFTER RECORDING RETURN TO:
<br />FIRST NATIONAL BANK AND TRUST COMPANY
<br />MORTGAGE LOAN DEPARTMENT
<br />P.O. BOX 730
<br />COLUMBUS, NE 68602 0730
<br />NEBRASKA—Single Family — Fanny Mai /FrWdle Mao UNIFORM INSTRUMENT Form 3028 1/01 (paps t of 7 pages)
<br />3022 NE DOT t /Ot POt
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