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(D) "Trustee" is FIRST NATIONAL BANK OF OMAHA
<br />16)0 DOOGF STRFET STOP 4
<br />(E) "Note" means the promissory note signed by Borrower and dated A P R I L 4 . 2 0 0 3 The Note states that
<br />[orrower owes Lender F I F T Y S E V E N T H O U TWN TN1fTFi3 T1-0 -0
<br />o liars (U- 0 0 pus Interest .
<br />Borrower as promise to pay this debt In regular Periodic ayments and to pay the deft In`Tu noffTt a>7 n
<br />MAY 1 11199
<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 />IH) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed bi
<br />BBorrower jcheck box as applicable]:
<br />❑Adluatable Rate Rider ❑Condominium Rider
<br />❑Balloon Rider LJ Planned Unit Development Rider
<br />❑ 1 4 Family older JBiweekly Payment Rider
<br />❑ S, a,rd Homo Rider
<br />❑ Other(.)IePaGty] _
<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 opinlona
<br />(d) "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 tope 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 amputated 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 />other than insurance pr000eds paid under the coverages described in Section 5) for (i) damage to or destruction of, the Property,
<br />if) condemnation craft her taking of all or any part of the Property; (iii) conveyance In lieu of condemnation', or (iv) misrepresentations
<br />.I, or omissions as to, the value and/or condition of the Properly.
<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 />2P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et soq.) and its implementing regulation,
<br />egdialion X (24 CFA. Pad 3500), as they might be amended Irum 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 lean" even if the Loan does not quality as a %oderally related
<br />mortgage loan" under RESPA.
<br />(D) "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 under the Note and/or this Security Instrument.
<br />AFTER RECORDING RETURN TO:
<br />PLATTE VALLEY STATE BANK & TRUST CO
<br />Mu K G AGE LDAN DEPARTMENT
<br />2223 SECDND AVE
<br />KEARNEY. NE 68847
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<br />DEED OF TRUST
<br />DEFINITIONS
<br />Words used In multiple
<br />sections of this document are defined below and other words are defined In Sections 3,
<br />11, 13, 18,
<br />20 and 21.
<br />Certain rules regarding
<br />the usage of words used in this document are also provided in Section 16.
<br />(A) "Security Instrument" means this document, which is dated A P R f L 4 2 0 U 3
<br />together
<br />with all Riders to this
<br />document.
<br />(B) "Borrower" is
<br />JULIA L GRUBER AND SHANNON C GRBFR, AS WIFE
<br />AND
<br />HUSBAND
<br />Borrower 1st the truster under this ecun y instrument
<br />.
<br />(C) "Lender "is
<br />PLATTE VALLEY STATE BANK & TRUST CO
<br />Lender lsa
<br />organize an existing un eft o dWSO
<br />THE STATF
<br />OF
<br />NEBRASKA
<br />_ . e�eis aVd�ess is P1237CONDAVF KFARNFY NF 6847
<br />(D) "Trustee" is FIRST NATIONAL BANK OF OMAHA
<br />16)0 DOOGF STRFET STOP 4
<br />(E) "Note" means the promissory note signed by Borrower and dated A P R I L 4 . 2 0 0 3 The Note states that
<br />[orrower owes Lender F I F T Y S E V E N T H O U TWN TN1fTFi3 T1-0 -0
<br />o liars (U- 0 0 pus Interest .
<br />Borrower as promise to pay this debt In regular Periodic ayments and to pay the deft In`Tu noffTt a>7 n
<br />MAY 1 11199
<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 />IH) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed bi
<br />BBorrower jcheck box as applicable]:
<br />❑Adluatable Rate Rider ❑Condominium Rider
<br />❑Balloon Rider LJ Planned Unit Development Rider
<br />❑ 1 4 Family older JBiweekly Payment Rider
<br />❑ S, a,rd Homo Rider
<br />❑ Other(.)IePaGty] _
<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 opinlona
<br />(d) "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 tope 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 amputated 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 />other than insurance pr000eds paid under the coverages described in Section 5) for (i) damage to or destruction of, the Property,
<br />if) condemnation craft her taking of all or any part of the Property; (iii) conveyance In lieu of condemnation', or (iv) misrepresentations
<br />.I, or omissions as to, the value and/or condition of the Properly.
<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 />2P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et soq.) and its implementing regulation,
<br />egdialion X (24 CFA. Pad 3500), as they might be amended Irum 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 lean" even if the Loan does not quality as a %oderally related
<br />mortgage loan" under RESPA.
<br />(D) "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 under the Note and/or this Security Instrument.
<br />AFTER RECORDING RETURN TO:
<br />PLATTE VALLEY STATE BANK & TRUST CO
<br />Mu K G AGE LDAN DEPARTMENT
<br />2223 SECDND AVE
<br />KEARNEY. NE 68847
<br />aadons.-elgle celmlly- Fmnl "..Irwia. Mev vale. PM NeiPOMENi rpm 302E 101 Alga 1 el] peg =) ,1r
<br />
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