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200206874 (C) "Lender" is WELLS FARGO HANK NEBRASKA, NATIONAL ASSOCIATION. Lender is a NATIONAL ASSOCIATION orgaimad and existing under the laws of THE UNITED STATES OF AMERICA. Lendeds address is 3404 W 13h tit, Grand Island, NE 68803. Lender is the beneficiary under this Secant) Instrument. (B) "Trustee" is WELLS FARGO BANK NEBRASKA, NATIONAI. ASSOCIATION (E) "Note" means the promissory now signed by Borrower and dated May 28, 2002. The Note stales that Borrower owes Lender FORTY THOUSAND and 00 /100 Dollars (U. S. $40,000.00) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than May 28, 2032. This Security Instrument tactics 150% of the amount of the Note. (F) "Property" means the property that is described below under Ne heading "Transfer of Rights in die Property" (C) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late chargers due under the Note, and all sums due wider this Security Instrument, plus interest. (H) "Hiders" means all riders to this Security instrument that are executed by Semester. The following riders are to be executed by Borrower I check box as applicable]: ❑ Adjustable Rate Rider p Condominium Rider 0 Second Home Rider C3 Balloon Rider 13 Planned Unit Development Rider p 14 Family Rider (3 VA Rider 0 Biweekly Payment Rider B Others) [specify] HOME EQUITY ACCL'SS LINE OF CREDIT RIDER D) "Applicable Law" means all controlling applicable federal, state and local stamps, regulations, ordinances and administrative rules and orders (that have the effect of law) as wait as all applicable final, non - appealable judicial opinions. (3) "Community Association Dues, Fees and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower 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 nominal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institation to debit or credit an account. Such nom includes, but is not limited to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse tranowns. (L) "Escrow Items" means those items that are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, statement, award of damages, or proceed paid by any food party (other than insurance proceeds paid under the coverages described in Section 5) foe (I damage m, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance N 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. (0) "Periodic Payment" means die regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security hutrtment. wtoa s L—,—T--F. 1 /' F (-sm'a)mwn has", "ns aIsw3tzswi