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200205594
<br />(H) "Riders" means all Riders to this Severity Instrument that arc executed by Borrower. 'I he following Riders are
<br />to be executed by Borrower )check box as applicable]:
<br />Adjustable Rate Rider ❑ Condominium Rider ❑ Second I tome Rider
<br />Balloon Rider ❑ Planned Unit Development Rider ❑ Biweekly Payment Rider
<br />1 -f 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) us 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 firm
<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 (i damage to, or
<br />destruction of the Property; (ii) condemnation or other taking of all or any pail of the Property; (iii) conveyance in
<br />lieu of condemnation; or (iv) 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 (i) principal and interest under the Note,
<br />plus (ii) any amounts under Section 3 ofthis Security Instrument
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U S C. $2601 et seq.) and its implementing
<br />regulation, Regulation X (24 C.F.R. Part 3500), as they might he amended from 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 />'RFSPA' refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage
<br />loan even tribe Loan does not quality as a' federally related mortgage load' under RFSPA.
<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 Securit - Instrument
<br />TRANSFER OF RIGHIS IN HIL PROPL',RIY
<br />"flits Security Instrument secures to Lender: E) the repayment of the Loan, and all renewals, extensions and
<br />mudiftcatinns of the Note; and (ii) the performance of Borrower's covenants and agremncnts under this Security
<br />Instrument and the Nutu. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power
<br />ofsale, the following described property located in the County (Tyne nPRmorzlmg hidsflnan0
<br />of Hall INameofRa ab,lodrdcrionl
<br />The Easterly One -half of Lot Eighteen (18) and the Easterly One -half
<br />of the South Twenty -five (25) feet of Lot Sixteen (16), Block Seven
<br />(7), College Addition to West Lawn in the City of Grand Island, Hall
<br />County, Nebraska, according to the recorded plat thereof.
<br />which currently has the address of 2416 W. Cottage
<br />Iseaq
<br />Grand Island ,Nebraska 68803 ("Property, Address').
<br />ICin9 IZlneodel
<br />NEBRASKA — Si"gle F,ufl1, Fnnnie tu.,T,cddw nine UNIPORN INS[ lit MEN Foi in 3028 Lm
<br />(P"yr 2,,f rznace.,)
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