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<br />Conderminum Rider
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<br />Balloon Rider
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<br />Planned Unit Development Rider
<br />❑
<br />1 -4 Family Rider
<br />❑
<br />Biweekly Payment Rider
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<br />Above This Line For Recording Data]
<br />200202053
<br />DEF,DOFTRUST
<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 I C.
<br />(A) 'Security Instrument' means this document, which is dated February 22nd 2002 , together with
<br />all Riders to this document.
<br />(B) 'Borrower" is Douglas G Earnest and Lorin Earnest, as husband and wife
<br />Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is United Nebraska Bank . Lender
<br />is a Corporation organized and existing under the laws of the Stale of Nebraska
<br />Lender's address is 700 North Webb Road Grand Island NE 68803_
<br />Lender is the hcaeficiary under this Security instrument.
<br />(D) '"Trustee" is United Nebraska Bank 700 North Webb Road Grand Island, NE 68803
<br />(E) "Note" means the proriussiny note signed by Borrower and dated February 22nd, 2002 . The Note
<br />stares that Borrower owes lender Eighty Thousa Od Five Hundred and 00 /100 -.
<br />_
<br />Dollars (U.S.$8050000 ) plus interest Bonnwer has pmmiscd
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than March 1, 2032
<br />(F) "Property" means the property that is described below tinder 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 />(II) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The (allowing Riders are to he
<br />executed by Borrower [check box as applicable]:
<br />❑
<br />Adjustable Rate Rider
<br />❑
<br />Conderminum Rider
<br />❑
<br />Balloon Rider
<br />❑
<br />Planned Unit Development Rider
<br />❑
<br />1 -4 Family Rider
<br />❑
<br />Biweekly Payment Rider
<br />❑ Second Home Rider
<br />❑ Other(s) [specify]
<br />(I) "Applicable Law" means 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 - appealable judicial opinions.
<br />(A "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are
<br />imposed on Borrower or (lie Property bya 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 instnrme nl, computer, ar magnetic tape
<br />sons to order, instructor authorize afinancial institution to debitorcreditan account. Such term includes, but knotlimhed
<br />to, point- 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 tuber than insurance proceeds paid wider the coverages described in Section 5) foe (i) damage to. or destruction of.
<br />the Property; (it) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation, or
<br />(ivl misrepresentations of, or nmissians as to, the value and /or condition of the Property.
<br />(I) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the I an.
<br />(0) "Periodic Payment" means the regularly scheduledamount due for(i)pi incipal and interest under the Note, plus (n)
<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 Sob )and its implementing regulation,
<br />Regulation X (24 C.P.R. Part 3500), as they might be amended from time to time, or any additional or sucecssar legislation
<br />NEBRASKA S,,1, gamily — Jamie Mii,Xi,tdk Mac UNIFORM INSTRUMENT Form 3028 1/01 (pagr l ojSpoge.)
<br />9754 C' (7.1) o1129c
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<br />OOT0000019fcc)
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