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<br />DEED OF TRUST
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<br />DEFINITIONS
<br />Words used in multiple sections ofthis document are defined below and other wards are defined in Sections 3, 11, 13, 18,20
<br />and 21. Certain rules regarding the usage ofwords used in this document are also provided in Section 16.
<br />(A) "Security Instrument' nlewithis document, which is dated February 18th 2003 ,togelherwilh
<br />all Riders to this document.
<br />(B) `Borrower" is Kevin L. Hulse and 'I ammie L. Hulse, husband and wife
<br />Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is United Nebraska Rank
<br />is aC'orpora_tion organized and existing underthe laws of the State of Nebraska
<br />Lender's address is 700 North Webb Road Grand Island, NE 68803
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" isUnited Nebraska Rank 700 North Webb Road Grand Island, NE 68803
<br />. Lender
<br />(F,) "Nate" means the promissory note signed by Borrower and dated February 18th 2003 . The Note
<br />states that Borrower we, Lcnder Two Hundred Seventy Six Thousand and 00 /100
<br />Dollars (U.S. S22_6 000.00 __) plus interest. Borrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than March 1, 2033
<br />IF) "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
<br />Note, and 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
<br />executed by Borrower ]check box as applicable]'
<br />❑
<br />Adjustable Rate Rider
<br />❑
<br />Condominium Rider
<br />❑ Second I tome Bider
<br />❑
<br />Balloon Rider
<br />❑
<br />Planned Unit Development Rider
<br />❑ Other(s) )specity]
<br />❑
<br />1 -4 Family hider
<br />❑
<br />Biweekly Payment Rider
<br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative 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 does, fees, assessments andotherdlargesdw tare
<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
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetictape
<br />se as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but isnot limited
<br />to, point- of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(Mj "Miscellaneous Proceeds" means any compensation, settlement, award ofdamages, or proceeds paid by any third
<br />parry (other than insurance proceeds paid under the coverages described in Section 5) for (i) damage to, or destruction of
<br />the Property; (it) condemnation or other taking ofall or any pat ofthe Property; (iii) conveyance in lieu ofconderanatioq or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition ofthe Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />(0) "Periodic Payment' means the regulailyscheduled amount due for principal and interest under the Note, plus (1i)
<br />anv amounts under Section 3 ofthis Security I strunlent.
<br />(P) "RESPA" means the Real Estate Settlement Procedures AcL (12 U.S.C. §2601 et seq.) mid its implementing regulation,
<br />Regulation X (24 C.F.R. Part 3500), as they might be amended from time to tine, or any additional or successor legislation
<br />NEBRASKA - Single Family-- F annle Mae /F'reddc Mw UNIFORM INSTRUMENT Form3028 1 101 (pogel fRpag -)
<br />9754.Ce(1/02) I111sU
<br />IiOTO(00013(6L)
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