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<br />DEFINITIONS
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<br />DEED OF TRUST
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<br />Wards used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18,20
<br />and 21. 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 March 31st 2003 ,ingetherwith
<br />all Riders to this document.
<br />(B) "Burrower" is Marc L. Sundcrmeicr and Marnie Schager Sundermeier, as husband and wife
<br />Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is United Nebraska Bank . Lender
<br />is a Corporation organized mid existing wider the 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" is United Nebraska Bank 700 North Webb Road Grand Island, NE 68803
<br />(E) "Note" means the promissory note signed by Borrower and dated March 31st 2003 . The Note
<br />states that Borrower owes lender Fifty Two Thousand Seven Hundred and 00 /100
<br />Dollars (U.S. $52,700.00 )plus interest. Borrowerhaspromised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than April 1, 2013
<br />(F) "Property" means the property (hat is described below wider the heading "Transfer of Rights in the Property.
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, anyprepayment 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 bas as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider
<br />❑ 1 -4 Family Rider ❑ Biweekly Payment Rider
<br />❑ Second Home Rider
<br />❑ Other(s) [specify]
<br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules and orders ((hat have the effect of law) as well as all applicable final, non- appealablejudicial opinions.
<br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments mid othercharges dlatare
<br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organisation.
<br />(K) "Electronic Funds Transfer" means any transfer of finds, other than a transaction originated by check, draft, or
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument computer, or magnetic tape
<br />so as to order, instruct, or authorize a financial institution to debit or credit an m :count. Such term includes, but is not limited
<br />to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />automated clearinghouse transfers.
<br />(IJ "Escrow Items" means those items that me described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, awmd of damages, or proceeds paid by any third
<br />party ( odder than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of,
<br />the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(N) "Mortgage insurance" means insurance protecting ]ender against the nonpayment of, or default on, the Loan.
<br />(0) "Periodic Payment' means the regularly scheduled mount due for principal and interest under the Note, plus ii)
<br />any amounts under Section 3 of this Security Instrument.
<br />(P) "RF.SPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 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
<br />NEHRCS"A i,le Fanuly- Fannie MScTreddie Mac UNIFORM INSTRUMENT Fsrm3028 1/01 6r,,,1 /8yn8ee)
<br />9754.CV(IN2) 1673107
<br />GOTO(00049 5e)
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<br />DEED OF TRUST
<br />aFri
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<br />MVI
<br />O CL
<br />W N
<br />o �
<br />N C
<br />S CD
<br />O
<br />Wards used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18,20
<br />and 21. 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 March 31st 2003 ,ingetherwith
<br />all Riders to this document.
<br />(B) "Burrower" is Marc L. Sundcrmeicr and Marnie Schager Sundermeier, as husband and wife
<br />Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is United Nebraska Bank . Lender
<br />is a Corporation organized mid existing wider the 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" is United Nebraska Bank 700 North Webb Road Grand Island, NE 68803
<br />(E) "Note" means the promissory note signed by Borrower and dated March 31st 2003 . The Note
<br />states that Borrower owes lender Fifty Two Thousand Seven Hundred and 00 /100
<br />Dollars (U.S. $52,700.00 )plus interest. Borrowerhaspromised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than April 1, 2013
<br />(F) "Property" means the property (hat is described below wider the heading "Transfer of Rights in the Property.
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, anyprepayment 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 bas as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider
<br />❑ 1 -4 Family Rider ❑ Biweekly Payment Rider
<br />❑ Second Home Rider
<br />❑ Other(s) [specify]
<br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules and orders ((hat have the effect of law) as well as all applicable final, non- appealablejudicial opinions.
<br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments mid othercharges dlatare
<br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organisation.
<br />(K) "Electronic Funds Transfer" means any transfer of finds, other than a transaction originated by check, draft, or
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument computer, or magnetic tape
<br />so as to order, instruct, or authorize a financial institution to debit or credit an m :count. Such term includes, but is not limited
<br />to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />automated clearinghouse transfers.
<br />(IJ "Escrow Items" means those items that me described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, awmd of damages, or proceeds paid by any third
<br />party ( odder than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of,
<br />the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(N) "Mortgage insurance" means insurance protecting ]ender against the nonpayment of, or default on, the Loan.
<br />(0) "Periodic Payment' means the regularly scheduled mount due for principal and interest under the Note, plus ii)
<br />any amounts under Section 3 of this Security Instrument.
<br />(P) "RF.SPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 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
<br />NEHRCS"A i,le Fanuly- Fannie MScTreddie Mac UNIFORM INSTRUMENT Fsrm3028 1/01 6r,,,1 /8yn8ee)
<br />9754.CV(IN2) 1673107
<br />GOTO(00049 5e)
<br />❑ Second Home Rider
<br />❑ Other(s) [specify]
<br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules and orders ((hat have the effect of law) as well as all applicable final, non- appealablejudicial opinions.
<br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments mid othercharges dlatare
<br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organisation.
<br />(K) "Electronic Funds Transfer" means any transfer of finds, other than a transaction originated by check, draft, or
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument computer, or magnetic tape
<br />so as to order, instruct, or authorize a financial institution to debit or credit an m :count. Such term includes, but is not limited
<br />to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />automated clearinghouse transfers.
<br />(IJ "Escrow Items" means those items that me described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, awmd of damages, or proceeds paid by any third
<br />party ( odder than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of,
<br />the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(N) "Mortgage insurance" means insurance protecting ]ender against the nonpayment of, or default on, the Loan.
<br />(0) "Periodic Payment' means the regularly scheduled mount due for principal and interest under the Note, plus ii)
<br />any amounts under Section 3 of this Security Instrument.
<br />(P) "RF.SPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 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
<br />NEHRCS"A i,le Fanuly- Fannie MScTreddie Mac UNIFORM INSTRUMENT Fsrm3028 1/01 6r,,,1 /8yn8ee)
<br />9754.CV(IN2) 1673107
<br />GOTO(00049 5e)
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