|
200205987
<br />(H) `Riders" means all Riders to this Security Instrument that are executed by Borrower_ The fullowing 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 />L] I-4 Family Rider ❑ Other(s) [specifyi
<br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, agulations, ordinances and
<br />administrative rules and orders (that have die effect of law) as well as all applicable final, non - appealable judicial
<br />opinions.
<br />(.1) "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" moms 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" mean, those items that are described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, senleari award of damages, or proceeds paid by any
<br />third party (other than insurance proceeds paid under the coverages described in Section 5) for: (if damage to, or
<br />destruction of, the Property, (ii) condemnation or other taking of all or any part 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 />(U) "Periodic Payment' means the 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. )2601 et sec -) and its implementing
<br />regulation, Regulation X (24 Cf R. Part 3500), as Lucy might be 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 />'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 />TRANSFER OF RIGHTS IN THE PROPERTY
<br />This Security Instrument secures to lender Q) 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 Trustee, in trust, with power
<br />of sale, the following described property located in the County (1,pe of Becurdhg mnsdictine)
<br />of Hall (Nmncol R,,.,Jhg L,dsdlevon):
<br />Lot Thirty -three (33), Westwood Park Fourth Subdivision in the City
<br />of Grand Island, Hall County, Nebraska.
<br />which currently has the address of 4011 W. Faidley
<br />(Sm ,,sl
<br />Grand Island , Nebraska 6BB03 ( "Property Address' f
<br />(aryl 1Z1p codcl
<br />NBmNSKA- SingleFanny- Fenaie MaeFrishin Y., nNHtORNI INSTRI MFNT Furm3028 rat
<br />ooC m'El /Page l of /d pages)
<br />oocolnc2 oxx vne /v000
<br />
|