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200213412 <br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are <br />to be executed by Borrower [check box as applicable]: <br />Adjustable Rate Rider E] Condominium Rider L] Second Home Rider <br />Balloon Rider Planned Unit Development Rider ]] Biweekly Payment Rider <br />1-4 family Rider Olhcr(s) [specify] <br />(1) "Applicable Law" means all controlling applicable federal, slate 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 <br />opinions. <br />(3) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges <br />that are imposed on Borrower or the Property by a condominium association, homeowners association or similar <br />organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, <br />or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or <br />magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such tern <br />includes, but is not limited to, point -of -sale transfers, automated teller machine transactions, transfers initiated by <br />telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means those doors that are described in Section 3. <br />(M) °Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any <br />third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or <br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in <br />lieu of condemnation; or (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, <br />plus (ii) any amounts under Section 3 of this Security Instrument_ <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 to see, -) and its implementing <br />regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or <br />successor legislation or regulation that governs the same subject minter. As used in this Security Instrument, <br />"RESPA" refers to all requirements and restrictions that are imposed in regard to a `federally related mortgage <br />loan" even if the Loan does not qualify as a `federally related mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" moans any party that has taken title to the Property, whether or not that <br />party has assumed Borrower's obligations under the Note and /or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security <br />Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power <br />of sale, the following described property located in the County (Type of Re cord gJmisdictsm <br />of Hall (Name of Recording Juoidlclimp <br />Lot Forty -Two (42) Westwood Park Subdivision, Hall County, <br />Nebraska- <br />which currently has the address of 819 Driftwood Ct <br />I &reed <br />Grand Island ,Nebraska 68803 ( "Property Address "). <br />Ica, lLlp COdcJ <br />NERRASKA— Sincle Familv-- Fannie MaeNreddiellae ONIFORMINSTRp31ENT Form3028IN1 <br />(Page 2 of L ...ogee) <br />veals-. vex 11/1a120o0 <br />