|
A
<br />C
<br />a
<br />D
<br />0
<br />M
<br />r
<br />M
<br />M
<br />C
<br />rn
<br />m
<br />ISpace Above This Line For Recording Data]
<br />DEED OF TRUST
<br />NOTICE: THIS LOAN IS NOT ASSUMABLE. WITHOUT THE
<br />APPROVAL OF THE DEPARTMENT OF VETERANS AFFAIRS
<br />OR ITS AUTHORIZED AGENT.
<br />DL14NI'I'IONS
<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 16.
<br />(A) "Security Instrument" means this document, which is dated Map 24th 2002 , h)getherwith
<br />all Riders to this document.
<br />(B) "Borrower" is Daniel J Lathrop and Krislina M Lathrop husband and wife
<br />Borrower is the truster under this Security Instrument.
<br />(C) "Lender" is United Nebraska Bank _ _ , (ceder
<br />is a Corporation organizeciand existing underthe laws of the State. (if Nebraska
<br />Lender's address is 700 North Webb Road Grand Island NE. 68803_
<br />Londer is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is United Nebraska Bank 700 North Webb Road Grand Island NF. 68803
<br />(E) "Note" means the promissory note signed by Borrower and dated May 24th 2002 . The Non;
<br />,rams that Burrower nwev lender Ninety Nine .'1'housand Five Hundred and (10/1011
<br />Dollars (U.S.$9950000 )plus interest. narrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than June 1, 2032
<br />(F) `Property" nrearu the property that is described hclow under the heading "'I ransfer of Rights in the Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any In epayment charges and lam charges due under the
<br />Note, and all sums due under this Security Instrument, plus interest.
<br />(H) "Riders" means all Riders to this Se:urity Instrument that are executed by Borrower. The following Riders are to be
<br />executed by Borrower [chuck box as applicable]:
<br />❑
<br />Adjustable Ratekider
<br />a
<br />Condominium Rider
<br />❑
<br />n
<br />n
<br />Planned Unit Development Rider
<br />❑
<br />1- 41amily Rider
<br />❑
<br />Biweekly Payment Rider
<br />m
<br />2
<br />➢
<br />no
<br />yr
<br />2
<br />N
<br />o
<br />o
<br />rn
<br />i
<br />C A
<br />T
<br />m
<br />N
<br />»
<br />ti
<br />r^
<br />JnC
<br />N
<br />o
<br />CID
<br />L
<br />2 m
<br />3
<br />r a
<br />,o
<br />c ol
<br />n
<br />q
<br />n
<br />r
<br />t-+
<br />rn
<br />L+•
<br />n
<br />Co
<br />N
<br />ISpace Above This Line For Recording Data]
<br />DEED OF TRUST
<br />NOTICE: THIS LOAN IS NOT ASSUMABLE. WITHOUT THE
<br />APPROVAL OF THE DEPARTMENT OF VETERANS AFFAIRS
<br />OR ITS AUTHORIZED AGENT.
<br />DL14NI'I'IONS
<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 16.
<br />(A) "Security Instrument" means this document, which is dated Map 24th 2002 , h)getherwith
<br />all Riders to this document.
<br />(B) "Borrower" is Daniel J Lathrop and Krislina M Lathrop husband and wife
<br />Borrower is the truster under this Security Instrument.
<br />(C) "Lender" is United Nebraska Bank _ _ , (ceder
<br />is a Corporation organizeciand existing underthe laws of the State. (if Nebraska
<br />Lender's address is 700 North Webb Road Grand Island NE. 68803_
<br />Londer is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is United Nebraska Bank 700 North Webb Road Grand Island NF. 68803
<br />(E) "Note" means the promissory note signed by Borrower and dated May 24th 2002 . The Non;
<br />,rams that Burrower nwev lender Ninety Nine .'1'housand Five Hundred and (10/1011
<br />Dollars (U.S.$9950000 )plus interest. narrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than June 1, 2032
<br />(F) `Property" nrearu the property that is described hclow under the heading "'I ransfer of Rights in the Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any In epayment charges and lam charges due under the
<br />Note, and all sums due under this Security Instrument, plus interest.
<br />(H) "Riders" means all Riders to this Se:urity Instrument that are executed by Borrower. The following Riders are to be
<br />executed by Borrower [chuck box as applicable]:
<br />❑
<br />Adjustable Ratekider
<br />❑
<br />Condominium Rider
<br />❑
<br />Balloon Rider
<br />❑
<br />Planned Unit Development Rider
<br />❑
<br />1- 41amily Rider
<br />❑
<br />Biweekly Payment Rider
<br />❑ Second Home Ritter
<br />❑ Other(,) [specify]
<br />(1) "Applicable Law" means all controlling applicable federal, state and local sealers, regulations, ordinances and
<br />administrative rules and orders (that have the effecteflaw) as well as all applicable final, non- appealablejudicial opinions.
<br />(J) "Community Association Does, Fees, fill Assiesauji means all dues, fees, assessments andodier charges dartare
<br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organization_
<br />(K) "Electronic Irunds'Fransfer" 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 instrument, computer, ormaguexic tape
<br />so as to order, instruct, or authorize a financial institution to deblt or credit an account. Such term includes, but is not limited
<br />to, point- of-salc transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />automated clearinghouse transfers.
<br />(L) "Escrow Items" meuns 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 (other than insurance proceeds paid under the coverages described in Section 5) for (i) damage to, or destruction of
<br />the Property: (it) condemnation or other taking of all of unspent of the Property; (iii) conveyance in lieu of condemnation: or
<br />(tv) misrepresentations of, of omissions as to, tlm value and/or e ubluin of the Property.
<br />(N) "Mortgage Insurance" mwns insurance protecting I ender against the nonpayment of, or default on. the Loan.
<br />(0) `Periodic Payment" means the regularly scheduled amount due for (i) In uncipal and infer st under the Note, plus iii)
<br />any amounts under Section 3 of this Security Instrument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act( 12 US.C. §2601 et seq.) and its implementing regulation.
<br />Regulation X (24 C.F.R. Pare 3500), as they might be amended from time to time, or any additional or successor legislation
<br />NBBKASKA-- Single ramlly - Fannie Mae /Freddie Mac PNIFORM INSTRUMENT Fonn 3028 1101(,c, I otKpoee.�V
<br />9rN(VUso) "iI1Xx
<br />GOTer00023I831
<br />
|