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200205715
<br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are
<br />to be executed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Biweekly Payment Rider
<br />❑ 7-0 Family Rider ❑ Othens) [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, non - 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 funds, other than a transaction originated by check, draft,
<br />or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument. computer, or
<br />magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term
<br />includes. but is not limited to, point -of - -sale transfers, automated teller machine transactions, transfers initiated by
<br />telephone, wire transfers, and 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
<br />third party (other than insurance proceeds paid under the coverages described in Section 5) for: Q) damage to, or
<br />destruction e[ the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in
<br />lieu of condemnation; nr (iv) misrepresentations of, or omissions as to, the value and/or condition ofthe Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default nn, the Loan.
<br />(0) "Periodic Payment' means One regularly scheduled amount due for (i) principal and interest under the Note,
<br />plus (it) any amounts under Section 3 of this Security Instrument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. 42601 et seq.) and its implementing
<br />regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended front time 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 />loan' even if the Loan does not qualify as a "federally related mortgage loan" under RESPA.
<br />(Q) "Successor in Interest of Borrower" means any party 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 Instrument,
<br />TRANSI'LR OI RIGH IS IN 771E PROPLR'I'Y
<br />I his Security Instrument secures to Lender: (1) the repayment of the Loan, and all renewals, extensions and
<br />modifications of the Note: and (it) the performance of Borrower's covenants and agreements under this Security
<br />Instrument and the Nola For this purpose, Borrower incvocably grants and conveys to Trustee, in trust, with power
<br />of sale, the following described property located in the County (type of Recuidle, hld dioomp
<br />of Hall (Nam, el' RC,,,,h. Jukcflcninn)-
<br />Lot 1, Block 2, West Bel Air Addition to the City of Grand Island,
<br />Hall County, Nebraska.
<br />which currently has the address of 2616 Del Monte Ave.
<br />Isurecq
<br />Grand Island ,Nebraska 68801 ("Property Address "),
<br />It.'inrl Izip code]
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