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DEFINITIONS Sj
<br />S
<br />Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20
<br />and 2 L Certain rules regarding the usage of words used in this document are also provided in Section 16.
<br />(A) "Security Instrument' means this document, which is dated ........................10 -07: 2007,,,,.,,,,,,,,,,,.,,,,, together
<br />with all Riders to this document.
<br />(B) "Borrower" is .Vln9antaT :Valad,ez.and.kagra.R..lpgat, Eaeha Single Pergon..........._ ......... ............................. ...........
<br />............_ ........................................................................................................ ............................... _..
<br />Borrower is the lrustor under this Security instrument.
<br />(C) ''Lender" is Heritage8ank ............. ..................... .... .......................................... .. .... ............ ......
<br />..........
<br />Lender is a .C9091090.._ ........................................................ ............................... organized and existing under
<br />the laws of .16a s tat@ 9t. Ne blaska ......... ............................... . Lender's address is 13,33. North Webb Road, P.B.Bil ,5138
<br />GranQlsland,. NE. 68802 ...................... .. ..... .. ... ....... ......... .......... ........ ....
<br />Lender is the beneficiary under this Security instrument.
<br />(D) "Trustee" is Heritage Bank..1333 N, Webh Road..Grand Island, NE 688025138,,, _,_ .................. .
<br />(E) ''Note" means the promissory note signed by Borrower and dated 10:0.7: 7002 ..... ......... ... .................. ....... _..... . The
<br />Note states that Borrower owes Lender 1Rtty gble.th9ASand.SUI hURdtBd sixty lwA and 6. 711. p0...._._.. ........__.__._ ................
<br />....... ... .. ... ... ... ... ...... .................... Dollars (U.S. $ 49 „6,62;87,,,,,,,,,,,,,,,,,..,,) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than ..... .._............ 10.0J:2004 ...................
<br />.........__ ............................. ..... ... . ........... . ........ . ............ ........... .... .......... ._...... I... I .... .. .........
<br />_..........
<br />(F) "Property” means the property that is described below under the heading "Transfer of Rights in the Properly."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note,
<br />and all sums due under this Security Instrument, plus interest.
<br />(EB "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be
<br />executed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Other(s) [specify] _..........
<br />.... _...
<br />❑ 1 -4 Family Rider ❑ Biweekly Payment Rider
<br />(I) "Applicable Law" means all controlling applicable federal, slide 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 opinions.
<br />(r1) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are
<br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.
<br />(R) "Electronic Foods Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar
<br />paper instrument, which is initiated through an electronic terminal, Telephonic instrument, computer, or magnetic tape so as to
<br />order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, hot is not limited lo,
<br />point -of -sale transfers, automated Teller machine transactions, transfers initiated by telephone, wire transfers, and automated
<br />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 third party
<br />(other than insurance proceeds paid under the coverages described in Section 5) foe (d) damage to, or destruction of, We
<br />Property; (it) condemnation or other taking of all or any pan of the Property; (iii) conveyance in lieu of condemnation; or (tv)
<br />misrepresentations of, or omissions as lo, the value and /or condition of the Properly.
<br />(N) "Mortgage Insurance" means insurance princeling 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, plus (ii) any
<br />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 regulation,
<br />Regulation X (24 O.F.R. Pan 3500), as they might be amended from time to tine, or any additional or successor legislation or
<br />regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and
<br />restrictions that are imposed in regard to a "federally related mortgage loan" even if We Loan does not qualify as a "federally
<br />related mortgage loan" under RP.SPA.
<br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has
<br />assumed Borrower's obligations under the Note and /or this Security Instrument.
<br />F.,. 3028 1/O1
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<br />DEED OF TRUST
<br />DEFINITIONS Sj
<br />S
<br />Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20
<br />and 2 L Certain rules regarding the usage of words used in this document are also provided in Section 16.
<br />(A) "Security Instrument' means this document, which is dated ........................10 -07: 2007,,,,.,,,,,,,,,,,.,,,,, together
<br />with all Riders to this document.
<br />(B) "Borrower" is .Vln9antaT :Valad,ez.and.kagra.R..lpgat, Eaeha Single Pergon..........._ ......... ............................. ...........
<br />............_ ........................................................................................................ ............................... _..
<br />Borrower is the lrustor under this Security instrument.
<br />(C) ''Lender" is Heritage8ank ............. ..................... .... .......................................... .. .... ............ ......
<br />..........
<br />Lender is a .C9091090.._ ........................................................ ............................... organized and existing under
<br />the laws of .16a s tat@ 9t. Ne blaska ......... ............................... . Lender's address is 13,33. North Webb Road, P.B.Bil ,5138
<br />GranQlsland,. NE. 68802 ...................... .. ..... .. ... ....... ......... .......... ........ ....
<br />Lender is the beneficiary under this Security instrument.
<br />(D) "Trustee" is Heritage Bank..1333 N, Webh Road..Grand Island, NE 688025138,,, _,_ .................. .
<br />(E) ''Note" means the promissory note signed by Borrower and dated 10:0.7: 7002 ..... ......... ... .................. ....... _..... . The
<br />Note states that Borrower owes Lender 1Rtty gble.th9ASand.SUI hURdtBd sixty lwA and 6. 711. p0...._._.. ........__.__._ ................
<br />....... ... .. ... ... ... ... ...... .................... Dollars (U.S. $ 49 „6,62;87,,,,,,,,,,,,,,,,,..,,) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than ..... .._............ 10.0J:2004 ...................
<br />.........__ ............................. ..... ... . ........... . ........ . ............ ........... .... .......... ._...... I... I .... .. .........
<br />_..........
<br />(F) "Property” means the property that is described below under the heading "Transfer of Rights in the Properly."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note,
<br />and all sums due under this Security Instrument, plus interest.
<br />(EB "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be
<br />executed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Other(s) [specify] _..........
<br />.... _...
<br />❑ 1 -4 Family Rider ❑ Biweekly Payment Rider
<br />(I) "Applicable Law" means all controlling applicable federal, slide 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 opinions.
<br />(r1) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are
<br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.
<br />(R) "Electronic Foods Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar
<br />paper instrument, which is initiated through an electronic terminal, Telephonic instrument, computer, or magnetic tape so as to
<br />order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, hot is not limited lo,
<br />point -of -sale transfers, automated Teller machine transactions, transfers initiated by telephone, wire transfers, and automated
<br />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 third party
<br />(other than insurance proceeds paid under the coverages described in Section 5) foe (d) damage to, or destruction of, We
<br />Property; (it) condemnation or other taking of all or any pan of the Property; (iii) conveyance in lieu of condemnation; or (tv)
<br />misrepresentations of, or omissions as lo, the value and /or condition of the Properly.
<br />(N) "Mortgage Insurance" means insurance princeling 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, plus (ii) any
<br />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 regulation,
<br />Regulation X (24 O.F.R. Pan 3500), as they might be amended from time to tine, or any additional or successor legislation or
<br />regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and
<br />restrictions that are imposed in regard to a "federally related mortgage loan" even if We Loan does not qualify as a "federally
<br />related mortgage loan" under RP.SPA.
<br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has
<br />assumed Borrower's obligations under the Note and /or this Security Instrument.
<br />F.,. 3028 1/O1
<br />NEBRASKA — Single Family— Fannie Me. /Reddis Mac UNIFORM INSTRUMENT 11 1l plgl'lll1 lllll 1
<br />6ankem 5yaiema, I—, 5t Q1-i, MN Perm Mn -1 NE .1111.00 0 I' I' tl
<br />nL 1rz001 e g. I zf7E 91r) 3 B 2 A 0
<br />.?ill .I n , ♦'f .,
<br />
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