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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 ............. ............... together
<br />with all Riders to this document.
<br />(B) "Borrower" is JOho.T:.WelOhand.Joyce M, Welch, Husbandand Wife ..................................... ...................._..........
<br />Borrower is the too smr under this Security Instrument.
<br />(C) "Lender" is Heritage . Bank ......................................................... .................................. ........................
<br />Lender is a CR fpfit. 091) .... ........................... ................. .............. —.......................... organized and existing under
<br />the laws of .the slffie.Of.N @h[ asks .......... ............................... . Lender's address is ..1333, Neigh W @bh Brad, P.O., Box „5,1,38,
<br />61anBlsland, NE. 68802 .............................................................................................. ...............................
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee” is 1ierOne Bank
<br />(E) "Note" means the promissory note signed by Borrower and dated .11-29-2110.2. ... ........... ........ ........ The
<br />Note steles that Borrower owes Lender RIR@ty.flve.thOnsand.and not 100......... ............................. .................
<br />........ ...... .... . ................ .............. Dollars (U.S. $ 95,000,00_,_,,,,,,,,,,,,,,,,,) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than .............. ...._ .12.01:2022.... ............. ..
<br />........................................................................................................... ............................... I .............
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(G) "Loane means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note,
<br />and all sums due under this Security Instrument, plus interest.
<br />(D) "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]:
<br />❑ Adjustable Rare Rider ❑ Condominium Rider ❑ Second Nome 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, non- appealable judicial opinions.
<br />(.1) "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 funds, other than a transaction originated by check, draft, or similar
<br />paper instrument, which is initiated through an electronic hentro n d, 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 lo,
<br />point of -sale transfers, automated teller machine transactions, transfers initialed 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 parry
<br />(other than insurance proceeds paid under the cwveragcs described in Section 5) foe (i) damage to, or destruction of, the
<br />Property; (it) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or ([v)
<br />misrepresentations of, or omissions as to, the vet= 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. 82601 ct 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 qualify 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 not that parry has
<br />assumed Borrower's obligations under the Note and /or this Security Instrument.
<br />F. I ImI 30 2 S I 1101
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<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 ............. ............... together
<br />with all Riders to this document.
<br />(B) "Borrower" is JOho.T:.WelOhand.Joyce M, Welch, Husbandand Wife ..................................... ...................._..........
<br />Borrower is the too smr under this Security Instrument.
<br />(C) "Lender" is Heritage . Bank ......................................................... .................................. ........................
<br />Lender is a CR fpfit. 091) .... ........................... ................. .............. —.......................... organized and existing under
<br />the laws of .the slffie.Of.N @h[ asks .......... ............................... . Lender's address is ..1333, Neigh W @bh Brad, P.O., Box „5,1,38,
<br />61anBlsland, NE. 68802 .............................................................................................. ...............................
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee” is 1ierOne Bank
<br />(E) "Note" means the promissory note signed by Borrower and dated .11-29-2110.2. ... ........... ........ ........ The
<br />Note steles that Borrower owes Lender RIR@ty.flve.thOnsand.and not 100......... ............................. .................
<br />........ ...... .... . ................ .............. Dollars (U.S. $ 95,000,00_,_,,,,,,,,,,,,,,,,,) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than .............. ...._ .12.01:2022.... ............. ..
<br />........................................................................................................... ............................... I .............
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(G) "Loane means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note,
<br />and all sums due under this Security Instrument, plus interest.
<br />(D) "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]:
<br />❑ Adjustable Rare Rider ❑ Condominium Rider ❑ Second Nome 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, non- appealable judicial opinions.
<br />(.1) "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 funds, other than a transaction originated by check, draft, or similar
<br />paper instrument, which is initiated through an electronic hentro n d, 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 lo,
<br />point of -sale transfers, automated teller machine transactions, transfers initialed 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 parry
<br />(other than insurance proceeds paid under the cwveragcs described in Section 5) foe (i) damage to, or destruction of, the
<br />Property; (it) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or ([v)
<br />misrepresentations of, or omissions as to, the vet= 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. 82601 ct 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 qualify 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 not that parry has
<br />assumed Borrower's obligations under the Note and /or this Security Instrument.
<br />F. I ImI 30 2 S I 1101
<br />I
<br />NEBRASKA, Single Family — Fannie I NE 8117120 Mac UNIFORM INSTRUMENT ^ 11 1t. ul l) ll ryp'1II I11I
<br />NEBRASKA—Single le Family- r,rm Family—Fannie aefFre die I` /YX {tl(`yp /Wq /`� /I- IIIIIIIII I1II r111W
<br />�n1n001 t ,vwrof2ygp l a e 2 A 0
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