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200211282
<br />DAdjuslehlc Ram Rider Condominium Rider Second Home Rider
<br />Balloon Rider �PI.ucd Unit Development Rider �. �Other(s):
<br />[ ] 1 -4 Family Rider Oliiweekly Payment Rider
<br />(1) "Applicable Law" means all wntrolling 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- appcalablcjudicial opinions.
<br />(d) "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 />(K) "Electronic Funds Transfer" means any transfer of hinds, other than a transaction originated by check, draft, or similar
<br />paper instrument, which is initiated through an electronic terurinal, 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 to,
<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 to, or destruction of, the Property;
<br />(it) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv)
<br />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 foe (i) principal and interest under the Note, plus (it) any
<br />amounts under Section 3 of this Security Instrument.
<br />(P) "RF.SPA" means the Real Estate Settlement Procedures Act (12 U.S.C. § 2601 et seq.) and its implementing regulation,
<br />Regulation X (24 CP.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 qualify as a "federally
<br />related mortgage loan" under RF.SPA.
<br />((y "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 />TRANSFER OF RIGHTS IN THE PROPERTY
<br />This Security Instrument sections to Lender: (i) die repayment of the Loan, Bud all renewals, extensions and modifications of the
<br />Note; and (it) the performance of Borrower's covenants and agrwlncnts under this Security Instrument and the Note. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in the County of HALL, Nebraska:
<br />The Assessor's Parcel Number (Property Tax ID1) for the Real Property is 400- 157535.
<br />Lot Six (6), Block Three (3), in LeHeights Second Subdivision, Hall County, Nebraska.
<br />which currently has the address of 2318 Stardust Ln, Grand Island, NE 68873 -1441 ( "Property Address"):
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and
<br />fixtures now or hereafter a pan of the property. All replacements and additions shall also be covered by this Security Instrument.
<br />All of the foregoing is reterred to in this Security Instrument as the "Property."
<br />NEBRASKA - Single Family Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3028 1101
<br />03028 - 12/06/2000 10020003977541 Page 2 of 11 Into.,
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