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200203060
<br />(C) "Lender" is WELLS FARGO BANK NEBRASKA, NATIONAL ASSOCIATION.
<br />Lender is a NATIONAL ASSOCIATION
<br />organized and existing under the laws of
<br />THE UNITED STATES OF AMERICA.
<br />Lender's address is 304 W 3rd Street, Grand Island, NE 68801.
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is WELLS FARGO BANK NEBRASKA, NATIONAL ASSOCIATION
<br />(E) "Note" means the promissory note signed by Borrower and dated February 22, 2002. The Note states that
<br />Borrower owes Lender SIXTY FIVE THOUSAND and 00 /100 Dollars (U.S. $65,000.00) plus interest.
<br />Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than
<br />February 22, 2032. This Security Instrument secures 150% of the amount of the Note.
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due
<br />under the 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 following riders
<br />are. to be executed by Borrower [check box as applicable]:
<br />E3 Adjustable Rate Rider p Condominium Rider p Second Home Rider
<br />p Balloon Rider p Planned Unit Development Rider p 1 -4 Family Rider
<br />p VA Rider p Biweekly Payment Rider ® Other(s) [specify]
<br />HOME EQUITY ACCESS LINE OF
<br />CREDIT RIDER
<br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances
<br />and administrative rules and orders (that have the effect of law) as well as all applicable final, non - appealable
<br />judicial opinions.
<br />(,I) "Community Association Dues, Fees and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Property by a condominium association, homeowners association
<br />or similar organization.
<br />(I) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check,
<br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument,
<br />computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an
<br />account. Such term includes, but is not limited to, point -of -sale transfers, automated teller machine transactions,
<br />transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(114) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by
<br />any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage
<br />to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii)
<br />conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition
<br />of the Property.
<br />(1) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the
<br />Loan.
<br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the
<br />Note, plus (ii) any amounts under Section 3 of this Security Instrument.
<br />Initials: ,;�� Or -Z—,
<br />b(NE) (oons) Page 2 of 15 Form 3028 1/01
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