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200207676
<br />(C) "Lender" is commercial Federal Mortgage Corp
<br />I hndcr is Corporation
<br />organized and existing under the laws of The State of Nebraska
<br />Lender's address is 13220 California St., Omaha, HE 68154
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is Commercial Federal Hank, a Federal Savings Bank
<br />(E) " Note" means the promissory note signal by Borrower and dated July 18, 2002
<br />The Now states that Borrower owes Lender Fifty Five Thousand Five Hundred and
<br />1101100 Dollars
<br />(U.S. $55, 500.00 ) plus interest Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than August 1, 2032
<br />(F) "Property" means the property that is described below under the heading ' "Transfer of Rights in the
<br />Property "
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and laic charges
<br />due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />El Adjustable Rate Rider E] Condominium Rider 0 Second Home Rider
<br />0 Balloon Rider Planned Unit Development Rider Ej 14 Family Rider
<br />U VA Rider Biweekly Payment Rider EI Other(s) [specify]
<br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (Nat have the effect of law) as well as all applicable final,
<br />non - appealable judicial opinions.
<br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that as imposed on Borrower or the Property by a condominium association, homeowners
<br />association or similar organization.
<br />(K) "Electronic Funds Transfer" means my transfer of funds, other than a transaction originated by check,
<br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument,
<br />computer, or magnetic tape so as no order, instruct, or authorize a financial institution to debit or credit an
<br />account. Such corm includes, but is not limited to, point -of -sale transfers, automated teller machine
<br />transactions, transfers initiated by 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
<br />any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (1)
<br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property;
<br />(iii) conveyance in lion of condemnation or (iv) misrepresentations of, or omissions as m, the value and/or
<br />condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the
<br />Loan.
<br />nac #: i 17602 Ar1i 4 LOAN 4:0016191044
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<br />-6(NE) moose 1,y,1 ,, I6 i�'�(./� Form 3028 1101
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