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,200208239 <br />(C) "Lender" is WELLS FARGO BANK NEBRASKA, NATIONAL ASSOCIATION. <br />Lender is a NATIONAL ASSOCIATION <br />organized and existing under the laws of <br />THE UNITED STATES OF AMERICA. <br />Lender's address is 3404 W 13th St, Grand Island, NE 68803. <br />Tender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is WELLS FARGO BANK NEBRASKA, NATIONAL ASSOCIATION <br />(E) "Note" means the promissory note signed by Bnrrnwer and dated July 20, 2002. The Note states that <br />Borrower owes Lender EIGIiTEEN THOUSAND SIX HUNDRED NINETY SEVEN and 60 /100 Dollars (U.S. <br />$18,697.60) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the <br />debt in full not later than July 15, 2009. This Security Instrument secures 150% of the amount of the Note. <br />(F) "Property" means die 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 late charges due <br />under the Note, and all suns due under this Security Instrument, plus interest. <br />(H) 'Riders" means all riders to this Security Instrument that are executed by Borrower. The following riders <br />are to be executed by Borrower [check box as applicable]' <br />E] Adjustable Rate Rider p Condominium Rider p Second Home Rider <br />E] Balloon Rider p Planned Unit Development Rider N 1-4 Family Rider <br />E3 VA Rider g) Biweekly Payment Rider p Other(s) [specify] <br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances <br />and administrative rules and orders (that have the effect of law) as well as all applicable final, non - appealable <br />judicial opinions. <br />(.1) "Community Association Dues, Fees and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners association <br />or similar organization. <br />(K) "Flectronic Funds Transfer" means any 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 maymctic tape so as to order, instruct, or authorize a financial institution to debit or credit an <br />account. Such term includes, but is not limited to, point- of-sale transfers, automated teller machine transactions, <br />transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. <br />(,) "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: (i) damage <br />to, or destruction if, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) <br />conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition <br />of the Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(0) " Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (u) any amounts under Section 3 of this Security Instrument. <br />teiviats:,LAD <br />doou, E),w, Page 2 of l i 1h Fain, 3028 1 /01 <br />r -� <br />