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<br />DEFINITIONS
<br />Words used in multiple sections of this document are defined below and other words are defined
<br />in Sections 3,
<br />11, 13, 18,
<br />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 D E C E 18 E R 2 1 2 0 0 4 , together, with all Riders to this
<br />document. _
<br />(B) "Borrower "is WESLEY J NN E M A N AND BRANDY J N N E III AN, AS II U S BAND A NO WIFE
<br />mower is the truster under t Is 5ecurity Instru dent.
<br />(C) "Lender "is PLATTE VALLEY STATE BANK A TRUST C0 Lender is
<br />orgamz end existing un ort a aws o THE STATE OF
<br />N F R RA S K an else ress le
<br />en er Is t e one Iciary under
<br />this Security instrument .
<br />(D) "Trustee" is
<br />COMMERCIAL FEDERAL BANK. A FEDERAL SAVINGS BANK
<br />NF 6B 1R4
<br />(E) "Note" means the promissory note siggned by Borrower and dated D E C E M B E R 2 1 , 2 0 0 4 The Note stales that
<br />6borrower owes Lender F O R T Y NINE T H O U S A N D T 0 0
<br />oars pus mterast.
<br />Borrower has prom se o pay t Is a t In r igu ar Periodic Payments and to pay the de In u not star an
<br />JANUARY 1 >035
<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 />(N) "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 (Jother(s)Bpecify) XUA F.hibat F
<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 lo, 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 />PM) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party
<br />than insurance proceeds paid under the coverages described in Section 5) for (i) damage to, or destruction of, the Property,
<br />ii) condemnation or other taking of all or any part of the Property; (iii) conveyance In lieu of condemnation; or (iv) misrepresentations
<br />of, 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 />fP) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. § 2601 of seq.) and its implementing regulation,
<br />AAegulation 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 />(G) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has
<br />assumed Borrower's obligations underihe Note and/or this Security Instrument.
<br />AFTER RECORDING RETURN TO:
<br />PLATTE VALLEY STATE BANK & TRUST CO
<br />MORTGAGE LOAN DEPARTMENT
<br />2223 SECUNE AVE
<br />KEARNEY, NE 68847
<br />NEBRASKA - Single PomiH,- Mis MeiFMdie Mec UNIFORM INSTRUMENT Feaa 303E 1-1 fiat d]Pegn)
<br />3 02a NE DOT MI Pon
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