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DEED 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, 16, 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 dared ........ ... . 1,1:1 &2.QQ2 ................... _......., together
<br />with all Riders to this document .
<br />(B) "Borrower" is . BANY. T,. S. C. NN. EIQER. A. SINQ[ EPhRS. ON ......................... ... .... .......... ........ .....................................
<br />.................._....._..................... ........_..............._.................. . ............... .......... .. ..__..........................
<br />.
<br />Borrower is the trusmr under this Security Instrument.
<br />(C) "Lender" is PI,NNAC,LEBANK: CENTRAL CITY . ........................... .._....... ..... ....... ............................ ...... ...
<br />_... .
<br />Lender is a .WBPBRATION .......... ............ ........ ................ ............. organized and existing under
<br />the laws of .THE.STATE QF NE. ORASKA ........ ............................... Leader's address is .320.0. STREET. P,0. BOX A CENTRAL......
<br />CITY, NE..SSB2Q ................ . _.... ............................... _... _........... ....... .........................
<br />r is the beneficiary under this Security Instrument.
<br />(D) "Trustee "is fI,NNACLE BANK,320 G STREET,CENT,RAA PITY, NE, ARM ...... _........_._ ........................................ ...,. .... .
<br />(E) "Nee" means the promissory note signed by Borrower and dated 1.P.10 20.02 ............. ............................... _...... The
<br />Note states that Borrower owes Lender SEVENT.Y,N(NE.TNO.US ANA. TWQHUNOREO. ANQNOHQO .................. ...............................
<br />--- ................. ... ........ I .... ......... Dollars (U.S. $ 70 ,2B.Q:QO.. ... ....... ..........) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than ...... _........... .12:31;2002 ....................
<br />.... .............. .,......... .............
<br />............ _......... ... ...... .
<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 Nate, plus interest, any prepayment charges and late charges due under the Note,
<br />and all sums due under this Security Instrument, plus interest.
<br />(Ff) "Riders" means all Riders to this Security lostrumem that are executed by Burrower. 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 />❑ 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, we appealable judicial opinions.
<br />(d) "Ccmmuuity 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 funds, other than a transaction originated by check, draft, or similar
<br />paper instrument, which is initiated through an electronic rennin], telephonic imtrument, 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 tat 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 hems 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 (i) damage m, or destruction of, the
<br />Property; (it) condemnation or other taking of all or any pan 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 Leader against the noopaymem 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 />amours 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. Pan 3500), as they might be amended from time to time, or any additional or successor legislation or
<br />regulation that governs the name subject roamer, As used in this Security Instrument, "RESPA" refers in all requirements and
<br />restrictions that are imposed in regard to a "federally related mortgage poem" even if the Loan does not qualify m a "federally
<br />related mortgage loam" under RF.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 Imtmmem.
<br />Form 3028 1101
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<br />DEED 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, 16, 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 dared ........ ... . 1,1:1 &2.QQ2 ................... _......., together
<br />with all Riders to this document .
<br />(B) "Borrower" is . BANY. T,. S. C. NN. EIQER. A. SINQ[ EPhRS. ON ......................... ... .... .......... ........ .....................................
<br />.................._....._..................... ........_..............._.................. . ............... .......... .. ..__..........................
<br />.
<br />Borrower is the trusmr under this Security Instrument.
<br />(C) "Lender" is PI,NNAC,LEBANK: CENTRAL CITY . ........................... .._....... ..... ....... ............................ ...... ...
<br />_... .
<br />Lender is a .WBPBRATION .......... ............ ........ ................ ............. organized and existing under
<br />the laws of .THE.STATE QF NE. ORASKA ........ ............................... Leader's address is .320.0. STREET. P,0. BOX A CENTRAL......
<br />CITY, NE..SSB2Q ................ . _.... ............................... _... _........... ....... .........................
<br />r is the beneficiary under this Security Instrument.
<br />(D) "Trustee "is fI,NNACLE BANK,320 G STREET,CENT,RAA PITY, NE, ARM ...... _........_._ ........................................ ...,. .... .
<br />(E) "Nee" means the promissory note signed by Borrower and dated 1.P.10 20.02 ............. ............................... _...... The
<br />Note states that Borrower owes Lender SEVENT.Y,N(NE.TNO.US ANA. TWQHUNOREO. ANQNOHQO .................. ...............................
<br />--- ................. ... ........ I .... ......... Dollars (U.S. $ 70 ,2B.Q:QO.. ... ....... ..........) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than ...... _........... .12:31;2002 ....................
<br />.... .............. .,......... .............
<br />............ _......... ... ...... .
<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 Nate, plus interest, any prepayment charges and late charges due under the Note,
<br />and all sums due under this Security Instrument, plus interest.
<br />(Ff) "Riders" means all Riders to this Security lostrumem that are executed by Burrower. 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 />❑ 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, we appealable judicial opinions.
<br />(d) "Ccmmuuity 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 funds, other than a transaction originated by check, draft, or similar
<br />paper instrument, which is initiated through an electronic rennin], telephonic imtrument, 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 tat 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 hems 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 (i) damage m, or destruction of, the
<br />Property; (it) condemnation or other taking of all or any pan 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 Leader against the noopaymem 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 />amours 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. Pan 3500), as they might be amended from time to time, or any additional or successor legislation or
<br />regulation that governs the name subject roamer, As used in this Security Instrument, "RESPA" refers in all requirements and
<br />restrictions that are imposed in regard to a "federally related mortgage poem" even if the Loan does not qualify m a "federally
<br />related mortgage loam" under RF.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 Imtmmem.
<br />Form 3028 1101
<br />II, NEBRASKA- 5,"& Family —Fends MaelFUdNe Mae UNIFORM INSTRUMENT �`��//yy I�Ip���ll��� I
<br />Barka,e Sya,xna.Im.. St CMW. MN Fdm MO 1 NE 0 /PI3000 J n 2 A 0
<br />n„ 1Ik001 (yqe I " /9(v8e1f
<br />
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