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<br />(Space Above This Line For Recording Data]
<br />DEED OF TRUST
<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 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 January 14th 2002 ,togetherwid,
<br />all Riders to this document.
<br />(B) 'Borrower" is Michael G. Ifamik and Verger Hamtk, as husband and wife
<br />Borrower is the truster under this Security fnstrument.
<br />(C) "Lender" is United Nebraska Bank Lender
<br />is a Corporation organized and existing under 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 January 14_tb____.... _2002 . The Note
<br />states that Borrower owes lender Two Hundred Fifty Thousan Land ftI0Q- ___ —.
<br />_... _. _._.
<br />Dollars (U.S.$2EQ &00pO ) plus interest. Borrower has pcursed
<br />to pay this debt in regular Periodic Payments and to pay the debt in bill not later than _ _ February 1, 2017
<br />(b) "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 tube
<br />executed by Borrower [check box as applicable]:
<br />❑
<br />Adjustable Rate Rider
<br />❑
<br />Condominium Rider
<br />❑
<br />Balloon Bider
<br />❑
<br />Planned Unit Development Rider
<br />❑
<br />1 -4 Family Rider
<br />❑
<br />Biweekly Payment Rider
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<br />(Space Above This Line For Recording Data]
<br />DEED OF TRUST
<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 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 January 14th 2002 ,togetherwid,
<br />all Riders to this document.
<br />(B) 'Borrower" is Michael G. Ifamik and Verger Hamtk, as husband and wife
<br />Borrower is the truster under this Security fnstrument.
<br />(C) "Lender" is United Nebraska Bank Lender
<br />is a Corporation organized and existing under 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 January 14_tb____.... _2002 . The Note
<br />states that Borrower owes lender Two Hundred Fifty Thousan Land ftI0Q- ___ —.
<br />_... _. _._.
<br />Dollars (U.S.$2EQ &00pO ) plus interest. Borrower has pcursed
<br />to pay this debt in regular Periodic Payments and to pay the debt in bill not later than _ _ February 1, 2017
<br />(b) "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 tube
<br />executed by Borrower [check box as applicable]:
<br />❑
<br />Adjustable Rate Rider
<br />❑
<br />Condominium Rider
<br />❑
<br />Balloon Bider
<br />❑
<br />Planned Unit Development Rider
<br />❑
<br />1 -4 Family Rider
<br />❑
<br />Biweekly Payment Rider
<br />❑ Second Home Rider
<br />❑ Othefs) [specify)
<br />(1) "Applicable Law" [nears all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules and orders (that have the effect of law) as well as all applicable final, non- appealahle judicial opinions.
<br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges thatare
<br />imposed on Bonower 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 transuction originated by check, draft, or
<br />similar paper instrument, which is initialed through an electronic terminal, telephonic instrument, computer, or magnebctap ,
<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 />lo. point- of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />automated clearinghouse transfers.
<br />(L) "Escrow herd° means those items that are doxerihcd in Section 3.
<br />(M) "Miscellaneous Proceeds" moans 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: U) damage to, or destruction of,
<br />the Properly; (ii) condemnation or other taking of all or my put of the Property; (iii) conveyance in lieu of condemnation; or
<br />(iv) misrepresentations of, or emissions as to, the value and/or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or detain[ on, the Loan.
<br />(0) 'Periodic PaymcnC' means the regularly scheduled amount due for (it 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 fi'om tune to time, or any additional or successor legislation
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