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<br />DEED OF TRUST
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<br />DEFINITIONS
<br />Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11,13,18, 20
<br />and 2). 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 April 22nd J 2003 ,togetherwith
<br />all Riders to this document
<br />(B) `Borrower" is Norman L Nictfeldt and Charlene M Nietfeldt, husband and wife
<br />Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is United Nebraska Bank
<br />is a Corporation organized and existing under the laws of the Slate of Nebraska
<br />Lender's address is 700 North Webb Road Grand Island, NE 68803 _
<br />L mlcr is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is United Nebraska Bank 700 North Webb Road Grand Island, NE 68803
<br />Under
<br />(E) "Note" means the promissory note signed by Borrower and dated April 22nd 2003 . The Note
<br />states that Borrower owes Lender Thirtv Six Thousand Five Hundred and 00/100
<br />_
<br />Dollars (U.S.$36.SUp.00 )plus interest. Borrowerhaspromised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than May 1, 2018
<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
<br />Note, and all sums due under this Security Instrument, plus interest.
<br />(H) "Riders" means all Riders in 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 />❑
<br />Ralloon Rider
<br />❑
<br />Planned Unit Development Rider
<br />©
<br />1 -4 Fmnily Rider
<br />❑
<br />Biweekly Payment Rider
<br />❑ Second Home Rider
<br />❑ Other(s) [specify]
<br />(1) "Applicable Law" means all controlling applicable federal, some and local statutes, regulations, ordinances and
<br />administrative rules and orders (that have die effect of law) as well m all applicable final, non- appealablejudicial opinions.
<br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and othercharges Nat are
<br />imposed on Borrower or die 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 magnetic tape
<br />so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited
<br />to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transters, and
<br />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 third
<br />party (other 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 ofeondemnation; or
<br />(iv) misrepresentations of, or omissions as to, die 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 (it)
<br />any amounts under Section 3 of this Security Instrument.
<br />(P) "RESPA" 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 front time to time, or any additional or successor legislation
<br />NFRRASKA— Single Fairly— Fannic Mae/Freddie Mac❑NIFORM INSTRUMENT Form3028 1/01 (pageloj8pages)
<br />9]54CV(1162) 1686658
<br />GOTO(00(4&eS)
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