|
03
<br />[Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />DEFINITIONS
<br />Wards used in multiple sections ofthis 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 April28th 2003 ,togetherwith
<br />all Riders to this document.
<br />(B) "Borrower" is Jan S. Markham and Susan E. Markham, as husband and wife
<br />Borrower is the n
<br />(C) "Lender' is
<br />is a Corporation
<br />Instrument.
<br />existing under the laws of
<br />Lender
<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 now signed by Borrower and dated April 28th 2003 , The Note
<br />states thatBorrower owes Lender Sixty Three Thousand Seven Hundred and 00 /100
<br />Dollars (U.S. $63,700.00 ) plus interest. Borrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than June 1, 2013
<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 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 />on
<br />m
<br />Condominium Rider
<br />❑
<br />Balloon Rider
<br />❑
<br />Planned Unit Development Rider
<br />�v
<br />1AFamily Rider
<br />❑
<br />Biweekly Payment Rider
<br />T
<br />m
<br />2
<br />D
<br />I
<br />n
<br />-i
<br />NfD
<br />m
<br />rl
<br />to
<br />=
<br /><,
<br />i
<br />i
<br />jl
<br />Z
<br />ul C
<br />N
<br />N
<br />v
<br />o Z
<br />o
<br />[Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />DEFINITIONS
<br />Wards used in multiple sections ofthis 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 April28th 2003 ,togetherwith
<br />all Riders to this document.
<br />(B) "Borrower" is Jan S. Markham and Susan E. Markham, as husband and wife
<br />Borrower is the n
<br />(C) "Lender' is
<br />is a Corporation
<br />Instrument.
<br />existing under the laws of
<br />Lender
<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 now signed by Borrower and dated April 28th 2003 , The Note
<br />states thatBorrower owes Lender Sixty Three Thousand Seven Hundred and 00 /100
<br />Dollars (U.S. $63,700.00 ) plus interest. Borrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than June 1, 2013
<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 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 />❑
<br />Balloon Rider
<br />❑
<br />Planned Unit Development Rider
<br />❑
<br />1AFamily Rider
<br />❑
<br />Biweekly Payment Rider
<br />❑ Second Home Rider
<br />❑ Others) [specify]
<br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules mid orders (that have the effect of law) as well as all applicable final, non- appealablejudicial opinions.
<br />(J) "Community Association Dues, Fees, and Assessments" mews 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
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape
<br />so as to order, instruct, or authuriu a financial institution to debit or credit an account. Such term includes, bra is not limited
<br />to, paint -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 />(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 ofcondemnation; or
<br />(iv) misrepresentations of 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 Law.
<br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii)
<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 from time to time, or any additional or successor legislation
<br />NE131 SKA-- Single Family-Fannie Mae/Freddie Mar UNIFORM INSTRUMENT F.r.13028 1 /01 (pngel of8page,)
<br />975CCV(1 /02) 1687821
<br />GOTO(00040.)
<br />
|