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DEFINITIONS
<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 21. 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 ........_..... _.......1, 007:20,0,2,,,,,,,,,,,,,,,,,,,, together
<br />with all Riders to this document.
<br />(B) "Borrower" is Vlncenla.L.V.al.ade,L. d.a.Single Parson...._ ............ .............. — ......................... ................_._..
<br />........................................................................................... ............................... ...........1111................
<br />Borrower is the truster under this Security Instrument.
<br />(C) "Lender" is Renlage Bank .......... ......_............... ....... .. ......................... ............... ...... ...... .._..._._.... ....
<br />..
<br />Lender is a . 0. o ,[RafAhEin ..................... _..... ............................... .......1....1...............1.. organized and existing under
<br />the laws of .16a slat @af. Nebraska...._ ... ............................... . Lender's address is .1333. Npr?h Webb band, P.O,. Box Ill 36.
<br />Grandlsland,.NE. 6a9Q2.... ................................................ .......... 1. _ 1 .1.1......
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is Heritage Bank, 1333N,Webb Road,Grand,lsland,NER6802.5138
<br />1111. 1111 , _,.. ........
<br />(E) "Note" means the promissory note signed by Borrower and dated 10:07:2902... ... 1.1.1..1 ._. . 1111. . The
<br />Note states that Borrower owes Lender 101y. tha. usznd. andna11. 00 .......... .. ......... .._............... .......... .............. ..... .......
<br />.... ...._._._.. 1 ...... 11 ..................1... Dollars (U.S. $ 50,000 W........_ —_......) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than .1111 ..... ........... 10:63;20114._. ........ .......
<br />._....._ .. .......... ....... ._......... .......... ............. . ......... . ..... ...... ...... — ..... . ................. .............. ..._... ......
<br />....
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(G) "Loam" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Nom,
<br />and all sums due under this Security Instrument, plus interest.
<br />OB "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 l:
<br />❑ Adjustable Ram Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Olhec(s) [specify] .... ..............
<br />❑ 1 -4 Family Rider ❑ Biweekly Payment Rider
<br />(1) "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 opinions.
<br />IS) "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 />(E) "Electronic Funds 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, but is not limited m,
<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) for. (i) damage m, or destruction of, the
<br />Property; (ii) condemnation or other taking of all or any part of the Property; (in) conveyance in lieu of condemnation; or (iv)
<br />misrepresentations of, or omissions as lo, 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, 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 el seq.) and its implementing regulation,
<br />Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, 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 the Loan does not quality as a "federally
<br />related mortgage loan' under RESPA.
<br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or nut that party has
<br />assumed Borrower's obligations under the Note and /or this Security Instrument.
<br />Form 3028 1101
<br />NEBRASKA—Single Family— Fannie Mee /Freddie Mac UNIFORM INSTRUMENT / IIIIIIII VIII [[IIIIIIII IIIIIIII [III
<br />BankI Syz4mc lne., et Cleuq MN Porte MD -1 -NE BIPR000
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<br />DEED
<br />OF TRUST
<br />DEFINITIONS
<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 21. 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 ........_..... _.......1, 007:20,0,2,,,,,,,,,,,,,,,,,,,, together
<br />with all Riders to this document.
<br />(B) "Borrower" is Vlncenla.L.V.al.ade,L. d.a.Single Parson...._ ............ .............. — ......................... ................_._..
<br />........................................................................................... ............................... ...........1111................
<br />Borrower is the truster under this Security Instrument.
<br />(C) "Lender" is Renlage Bank .......... ......_............... ....... .. ......................... ............... ...... ...... .._..._._.... ....
<br />..
<br />Lender is a . 0. o ,[RafAhEin ..................... _..... ............................... .......1....1...............1.. organized and existing under
<br />the laws of .16a slat @af. Nebraska...._ ... ............................... . Lender's address is .1333. Npr?h Webb band, P.O,. Box Ill 36.
<br />Grandlsland,.NE. 6a9Q2.... ................................................ .......... 1. _ 1 .1.1......
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is Heritage Bank, 1333N,Webb Road,Grand,lsland,NER6802.5138
<br />1111. 1111 , _,.. ........
<br />(E) "Note" means the promissory note signed by Borrower and dated 10:07:2902... ... 1.1.1..1 ._. . 1111. . The
<br />Note states that Borrower owes Lender 101y. tha. usznd. andna11. 00 .......... .. ......... .._............... .......... .............. ..... .......
<br />.... ...._._._.. 1 ...... 11 ..................1... Dollars (U.S. $ 50,000 W........_ —_......) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than .1111 ..... ........... 10:63;20114._. ........ .......
<br />._....._ .. .......... ....... ._......... .......... ............. . ......... . ..... ...... ...... — ..... . ................. .............. ..._... ......
<br />....
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(G) "Loam" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Nom,
<br />and all sums due under this Security Instrument, plus interest.
<br />OB "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 l:
<br />❑ Adjustable Ram Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Olhec(s) [specify] .... ..............
<br />❑ 1 -4 Family Rider ❑ Biweekly Payment Rider
<br />(1) "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 opinions.
<br />IS) "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 />(E) "Electronic Funds 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, but is not limited m,
<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) for. (i) damage m, or destruction of, the
<br />Property; (ii) condemnation or other taking of all or any part of the Property; (in) conveyance in lieu of condemnation; or (iv)
<br />misrepresentations of, or omissions as lo, 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, 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 el seq.) and its implementing regulation,
<br />Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, 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 the Loan does not quality as a "federally
<br />related mortgage loan' under RESPA.
<br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or nut that party has
<br />assumed Borrower's obligations under the Note and /or this Security Instrument.
<br />Form 3028 1101
<br />NEBRASKA—Single Family— Fannie Mee /Freddie Mac UNIFORM INSTRUMENT / IIIIIIII VIII [[IIIIIIII IIIIIIII [III
<br />BankI Syz4mc lne., et Cleuq MN Porte MD -1 -NE BIPR000
<br />,anaool (MBaI "fk Mael 001111111111", t N a z A 0
<br />r. I n
<br />
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