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200304124 <br />(H) "Riders" means all Riders in this Security Instrument that are executed by Borrower. The following Riders are <br />to be executed by Borrower [chec k box as applicable]: <br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider <br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Other(s) [specify] <br />❑ 1 -4 Family Rider ❑ Biweekly Payment Rider <br />(1) "Applicable Law" means all controlling applicable federal, stale and local statutes, regulations, ordinances and <br />adiumisualivc rules and orders (that have the effect of law) as well as all applicable final, non - appealable judicial <br />opinions. <br />(1) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges <br />that are imposed on Borrower or the Property by a condominium association, homeowners association or similar <br />organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, <br />or similar paper instrument, which is inkla(ed through an electrordc terminal, telephonic instrument, computer, or <br />magnetic (ape so as to order, instruct, or authorize a financial institution (o debt( or credit an account. Such term <br />includes, bat is not limited to, point -of -sale transfers, automated teller machine transactions, transfers initiated by <br />telephone, wire transfers, and automated clearinghouse 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 <br />third party (other than Insurance proceeds paid under the coverages described in Section 5) for: (1) damage to, or <br />deslrnc0on of, the Property; di) condemnation or other taking of all or any part of the Property; (iii) conveyance in <br />lieu of condemnation; or (tv) misrepresentations of, or omissions as (o, the value and /or condition of the Properly. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, die Loan. <br />(0) "Periodic Payment" means the regularly scheduled amount due for (t) principal and interest under the Note, <br />plus (if) any amounts under Seclfon 3 of (his Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 el seq.) and its implementing <br />regulation, Regulation X (24 C.F.R. Part 3500), as (hey might be, amended ford time to time, or any additional or <br />successor legislation or regulation that governs (he same %object matter. As used in this Security Instrument, <br />"RESPA" refers to all requirements and restrictions that are Imposed in regard to a "federally related mortgage Inan" <br />even if (he Loan does not qualify as a "federally related mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken (file to (he Properly, whether or not that <br />party has assumed Borrower's obligations under the Note and/or this Security Instr dead. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (f) the repayment of the Loan, and all renewals, extensions and <br />modificaliom, of the Note; and (if) the performance of Borrower's covenants and agreements under this Security <br />Instrument and the Note. For this purpose, Burrower irrevocably grants and conveys to Trustee, in IrnsL with power <br />of sale, the following described property located in the <br />COUNTY of HALL <br />[Type of Recording Jurisdiction] [Name of Recording Jurn,lictiool <br />LOT 2, AMICK ACRES THIRD SUBDIVISION, DONIPHAN, HALL COUNTY, <br />NEBRASKA <br />A.P -N. #: 400234181 <br />