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Loan Number: 4000074103 <br />Order Number: (Space Above This Line For Recording Data) <br />DEED OF TRUST <br />MIN:123182800000064157 <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 />(A) "Security Instrument" means this document, which is dated April 9, 2004, together with all Riders to this document. <br />(B) "Borrower" is Darin W. Drage and Sherri L. Drage husband and wife, as joint tenants . Borrower is the trustor under this Security <br />Instrument. <br />(C) "Lender" is MorNorth Mortgage Corp.. Lender is , A Minnesota Corporation, organized and existing under the laws of <br />Minnesota. <br />Lender's address is 224 5th Street South, Brainerd, MINNESOTA 56401. <br />(D) "Trustee is. TICOP TITLE INSURP.NCF COMPP.NY <br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely as a nominee for <br />Lender and Lender's successors and assigns. MERS is the mortgagee 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. Bo: 2026, Flint, MI 48501 -2026, tel. (888) 679 -MERS. <br />(F) "Note" means the promissory note signed by Borrower and dated April 9, 2004. The Note states that Borrower owes Lender SIXTY - <br />SIX THOUSAND and no /100 Dollars (U.S. $66,000.00) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than May 1, 2034. <br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." <br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums <br />due under this Security Instrument, plus interest. <br />(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by <br />Borrower (check box as applicable): <br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider <br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ VA Rider <br />❑ 1-4 Family Rider ❑ Biweekly Payment Rider <br />❑ Other (Specify) - <br />(,n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and <br />orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions. <br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on <br />Borrower or the Property by a condominium association, homeowners association or similar organization. <br />(L) "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, instruct, or <br />authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated <br />teller machine transactions, transfers initiated by telephone, 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 proceeds paid by any third party (other than <br />insurance proceeds paid under the coverages 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) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts <br />under Section 3 of this Security Instrument. <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. § 2601 etseq.) and its implementing regulation, Regulation X <br />(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the <br />NEBRASKA - Single Family- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT with MERS Form 3028 1101 <br />Page 1 of 7 <br />ios, Inc. -(800) 554-1872 Borrower(s) Initials _101U <br />c� <br />r• <br />M <br />WHEN RECORDED, MAIL TO: <br />MorNorth Mortgage Corp. <br />224 5th Street South <br />`` <br />= <br />Brainerd, MINNESOTA 56401 <br />.� <br />This Instrument was prepared by: <br />MorNorth Mortgage Corp. <br />224 5th Street South <br />Brainerd, MINNESOTA 56401 <br />n U <br />218 - 824 -5400 <br />Loan Number: 4000074103 <br />Order Number: (Space Above This Line For Recording Data) <br />DEED OF TRUST <br />MIN:123182800000064157 <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 />(A) "Security Instrument" means this document, which is dated April 9, 2004, together with all Riders to this document. <br />(B) "Borrower" is Darin W. Drage and Sherri L. Drage husband and wife, as joint tenants . Borrower is the trustor under this Security <br />Instrument. <br />(C) "Lender" is MorNorth Mortgage Corp.. Lender is , A Minnesota Corporation, organized and existing under the laws of <br />Minnesota. <br />Lender's address is 224 5th Street South, Brainerd, MINNESOTA 56401. <br />(D) "Trustee is. TICOP TITLE INSURP.NCF COMPP.NY <br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely as a nominee for <br />Lender and Lender's successors and assigns. MERS is the mortgagee 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. Bo: 2026, Flint, MI 48501 -2026, tel. (888) 679 -MERS. <br />(F) "Note" means the promissory note signed by Borrower and dated April 9, 2004. The Note states that Borrower owes Lender SIXTY - <br />SIX THOUSAND and no /100 Dollars (U.S. $66,000.00) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than May 1, 2034. <br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." <br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums <br />due under this Security Instrument, plus interest. <br />(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by <br />Borrower (check box as applicable): <br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider <br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ VA Rider <br />❑ 1-4 Family Rider ❑ Biweekly Payment Rider <br />❑ Other (Specify) - <br />(,n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and <br />orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions. <br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on <br />Borrower or the Property by a condominium association, homeowners association or similar organization. <br />(L) "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, instruct, or <br />authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated <br />teller machine transactions, transfers initiated by telephone, 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 proceeds paid by any third party (other than <br />insurance proceeds paid under the coverages 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) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts <br />under Section 3 of this Security Instrument. <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. § 2601 etseq.) and its implementing regulation, Regulation X <br />(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the <br />NEBRASKA - Single Family- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT with MERS Form 3028 1101 <br />Page 1 of 7 <br />ios, Inc. -(800) 554-1872 Borrower(s) Initials _101U <br />c� <br />M <br />`` <br />= <br />.� <br />n <br />n U <br />fT1 <br />N <br />z n <br />ry <br />r <br />A <br />_ <br />m <br />M <br />= <br />M <br />�n <br />CO <br />C._.) - <br />G <br />Gi <br />O <br />F—' <br />O -Tl <br />O <br />M <br />O <br />cn <br />r D <br />w <br />W <br />O <br />D <br />C.n CD <br />- <br />Ul r" f <br />fn <br />Z <br />0 <br />Loan Number: 4000074103 <br />Order Number: (Space Above This Line For Recording Data) <br />DEED OF TRUST <br />MIN:123182800000064157 <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 />(A) "Security Instrument" means this document, which is dated April 9, 2004, together with all Riders to this document. <br />(B) "Borrower" is Darin W. Drage and Sherri L. Drage husband and wife, as joint tenants . Borrower is the trustor under this Security <br />Instrument. <br />(C) "Lender" is MorNorth Mortgage Corp.. Lender is , A Minnesota Corporation, organized and existing under the laws of <br />Minnesota. <br />Lender's address is 224 5th Street South, Brainerd, MINNESOTA 56401. <br />(D) "Trustee is. TICOP TITLE INSURP.NCF COMPP.NY <br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely as a nominee for <br />Lender and Lender's successors and assigns. MERS is the mortgagee 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. Bo: 2026, Flint, MI 48501 -2026, tel. (888) 679 -MERS. <br />(F) "Note" means the promissory note signed by Borrower and dated April 9, 2004. The Note states that Borrower owes Lender SIXTY - <br />SIX THOUSAND and no /100 Dollars (U.S. $66,000.00) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than May 1, 2034. <br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." <br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums <br />due under this Security Instrument, plus interest. <br />(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by <br />Borrower (check box as applicable): <br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider <br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ VA Rider <br />❑ 1-4 Family Rider ❑ Biweekly Payment Rider <br />❑ Other (Specify) - <br />(,n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and <br />orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions. <br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on <br />Borrower or the Property by a condominium association, homeowners association or similar organization. <br />(L) "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, instruct, or <br />authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated <br />teller machine transactions, transfers initiated by telephone, 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 proceeds paid by any third party (other than <br />insurance proceeds paid under the coverages 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) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts <br />under Section 3 of this Security Instrument. <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. § 2601 etseq.) and its implementing regulation, Regulation X <br />(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the <br />NEBRASKA - Single Family- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT with MERS Form 3028 1101 <br />Page 1 of 7 <br />ios, Inc. -(800) 554-1872 Borrower(s) Initials _101U <br />c� <br />