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<br />DEFINITIONS
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<br />[Space Above This Line For Recording Data]
<br />DEED OF TRUST
<br />200211113 ('
<br />Words used in multiple sections of this document are defined below and other words we 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 October 9th 2002 , together wiry]
<br />all Riders to this document.
<br />(B) `Borrower" is Timothy J O'Connor and Catherine L. O'Connor, as husband and wife
<br />Borrower is the trustor under this Security Instrument.
<br />(C) `Lender" is United Nebraska Bank . Lender
<br />is aCorporation organized and existing under the laws of the State of Nebraska
<br />Lender's address is 700 North Webb Road Grand Island NE 68803
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" isUnited Nebraska Bank 700 North Webb Road Grand Island, NE 68803
<br />(E) "Note" means the promissory note signed by Borrower and dated October 9th 2002 . The Now
<br />states that Borrower owes Lender One Hundred E'eht Four Thousand and 00 /100
<br />Dollars (U.S.$184.000.00 )plus interest. Borrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than November 1, 2032
<br />(F) "Property" means the property that is described below under the heading `Transfer of Rights in the Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the
<br />Note, and all sums due under this Security Instrument, plus interest.
<br />(H) `Riders" means all Riders in this Security Instrument that are executed by Borrower. The following Riders are in be
<br />executed by Borrower [check box as applicable]:
<br />❑
<br />Adjustable Rate Rider
<br />❑
<br />Condominium Rider
<br />❑
<br />Balloon Rider
<br />❑
<br />Planned Unit Development Rider
<br />❑
<br />1- 4Family Rider
<br />❑
<br />Biweekly Payment Rider
<br />❑ Second Home Rider
<br />❑ Other(s) [specify]
<br />(D "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 />(J) "Community Association Dues, Fees, and Assessments" means all does, fees, assessments andothercheiges that are
<br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.
<br />(K) `Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, ormagoetic tape
<br />so as in order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited
<br />to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />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 third
<br />party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage m, or destruction of,
<br />the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or
<br />(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 (i) principal and interest under the Note, plus fit
<br />any 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 implementingregulation,
<br />Regulation X (24 C.P.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation
<br />NEBRASKA-- Sioglc Family- -Fmude Mae/Fkeddie Mac UNIFORM INSTRUMENT Form 3028 1101 (page l of8pages)
<br />9750.CV uAC) GI1918
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