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200205587 <br />(H) "Riders' means all Riders to this Security Instrument that are executed by Borrower. The following Riders are <br />to be executed by Burrower [check box as applicable]: <br />L Adjustable Rate Rider Condominium hider F1 Second Home Rider <br />F1 Balloon Ridcr Planned Unit Development Rider L Biweekly Payment Rider <br />1 -4 Family Rider Other(s) [specify] <br />(1) "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, nun - appealable judicial <br />opinions. <br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges <br />that are imposed on Borrower or the Property by a condominium association, homeowners association or similar <br />organization. <br />(K) "Electronic Funds Transfer" means any transfer of finds, other than a transaction originated by check, draft, <br />m similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or <br />magnetic tape so as to order, instruct, or authorirc a financial institution to debit or credit an account. Such term <br />includes, but is not limited to, quint -or-salt transfers, automated teller machine transactions, transfers initiated by <br />telephone, wire transfers, and amenities] 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 <br />third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or <br />destruction of, the Propeny; (it) condemnation or other taking of all or any part of the Property; (iii) conveyance in <br />lieu of condemnation; or Irv) misrepresentations of, or omissions as to, the 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 fit principal and interest under the Note, <br />plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 el scq_) and its implementing <br />regulation, Regulation X (2d CICR. Part 3500), as they might be amended from limit to time, or any additional or <br />successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, <br />"RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage <br />load' even if the Lou,, dues not qualify as a'federally related mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any patty that has taken title to the Property, whether or not that <br />party has assumed Borrower's obligations under the Note and /or this Security 1 nstrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to LmWce (i) the repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security <br />Instrument and the Note For this purpose, Borrower irrevocably grants and conveys to 'I rustee, in trust, with power <br />of sale, the following described property located in the County [type of RCOming Jtmdlcdon) <br />of Hall (Name of RCOrding luri,d[cdnnl_ <br />LOT FIVE (5), IN BLOCK SIX (6), OF KOEHLER PLACE, AN <br />ADDITION TO THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />which currently has the address of 328 S Plum Ave <br />ses"I <br />Grand Island . Nebraska 68801 <br />( "Property Address`)_ <br />Kits] I7te Codel <br />NEBK451vA- Sing1e f amily -- Fannie Mae /Freddie %[., IN I FORM INSTRI HEN 1 form 3028 IAII <br />Doti: me (Puye 1 sf 12 pages) <br />vowtsc .vix 11 11e 12000 <br />