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200208437
<br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are
<br />to be executed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />FJ Balloon Rider ❑ Planned Unit Development Rider ❑ Biweekly Payment Rider
<br />1 -4 Family Rider ❑x Others) [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 />(J) "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" means any transfer of fords, 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 are described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any
<br />third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or
<br />destruction of, the Property; (it) condemnation or other taking of all or any part of the Property; (iii) conveyance in
<br />lieu ofcondemnation; 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 (t) principal and interest under the Note,
<br />plus (it) any amounts under Section 3 of this Security Instrument.
<br />(P) "RF.SPA" means the Real Estate Settlement Procedures Act (12 I1.S.C. §2681 et seq.) and its implementing
<br />regulation, Regulation X (24 C R_ Part 3500), as they might be amended from time to time, or any additional or
<br />successor legislation or regulation that governs the sortie subject matter. As used in this Security Instrument,
<br />"RFSPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage
<br />loan" even ifthe 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 />parry 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: (i) the repayment of the Loan, and all renewals, extensions and
<br />modifications of the Note; and (if) 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 (Type of Re cvdingharmelion)
<br />of Hall (Nome ofti,x,d,o, ludsdtoeon)
<br />Lot Eight (8) in Block One (1) of Park Place, an Addition to the City
<br />of Grand Island, Hall County, Nebraska.
<br />which currently has the address of 412 W. 14th 5t.
<br />IStreel]
<br />Grand Island ,Nebraska 68801 (`Property Address ").
<br />[City] [Zip Code]
<br />NEBRASKA -- Single Family- - Fannie Mae /t'reddic Mae L NIFORM INS I'Rt MEN 'I Form 3028 INI
<br />aocem¢ (P,,o 2 of 12pgeu)
<br />oocuixaz.vrx it /re /:000
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