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(C) "Lender" is TierOne Bank 200205599 Lender is a Savings Hank organiisd acid existing under the laws of UNITED STATES OF AMERICA Lender's address is 1235 N STREET LINCOLN NE 68508 — Lender is the beneficiary under this Security Instrument. (D) "Trustee" is TierOne Bank (E) "Note" means the promissory note signed by Borrower and danxhday 24th, 2002 The Note states that Borrower owes Lender SEVENTY TWO THOUSAND AND 00 /100 Delius (U.S. $ 72, 000. 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments an(] to pay the debt in full not later than June 1, 2032 (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Properly." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (11) "Riders" means all Rider's to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicablej: Adjustable Rate Rider Ell Condominium Rider L I Second Home Rider O Balloon Rider EI] Planned Unit Development Rider 0 1 -4 Fandly Rider VA Rider L I Biweekly Payment Rider Others) [specify] (1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinancus and administrative rule, and orders (that have the effect of law) as well as all applicable final, non appealable judicial opinions. (.p "Community Association Dues, Fees, and Asse� ssmetns" means all dues, fees, assessments and other charges [hat are imposed on Burrower or the Property by a condominium association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic Icrminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those itenvs that are described in Section 3. (MI) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds, paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) lin: (i) damage lo, or destruction of, the Property; (it) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and /or condition of the Property. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. hl_ 0110177165 ®-6(NE) iaaas, a, rase z m ,s Foem 3028 1101 w