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20020 W;JG <br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. 'f he following Riders are <br />to be executed by Borrower Icheck box as applicable]: <br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second I Ionic Rider <br />❑ Bulletin Rider ❑ Planned Unit Development Rider ❑ Biweekly Payment Rider <br />❑ 1 -4 Family Rider Other(s) [specify) <br />(I) "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 />(.) "Community Association Dues, Nees, 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 />(R) "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 arc described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any <br />third petty (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or <br />destruction at 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 />(0) "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 seq.) and its implementing <br />regulation, Regulation X (24 C.F.R. Part 3500), as they 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 quality as a "federally related mortgage loan" under RESPA. <br />(Q) "Sucees,o r 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 'I 'I IT PROPERTY <br />This Security Instrument secures to Lender: (i) 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. I or this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power <br />ofsale, the toI]owing described property located in the County (Type of Recording Jurisdiction) <br />of Hall (Name or ltecoN)ng Jurdiclion). <br />Lot Five (5), in Block Forty (40), in Russel Wheeler's Addition to the <br />City of Grand Island, Ball County, Nebraska. <br />which currently has the address of 103 E. 12th St. <br />1Sancq <br />Grand Island Nebraska 68801 ( "Proper) Address "). <br />B o,l IzipCodel <br />NEBRASKA-- Singlc Yamily— Fannie llae/Freddir tin, FNIFORsl INS'rlipxt¢yt Farm 3028 1,01 <br />o0Ce1]L2 0`1X1) J'12paceU <br />DOGIINVJ o'rx 11/18 /21)oo <br />