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200213872 <br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due <br />under the Note, and all sums due under this Security Instrument, plus interest. <br />(I) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders <br />are to be executed by Borrower [check box as applicable]: <br />LL Adjustable Rate Rider ❑Condominium Rider ❑ Second Home Rider <br />El Balloon Rider ❑Planned Unit Development Rider f&l Other(s) [specify] <br />❑ 1 -4 Family Rider ❑ Biweekly Payment Rider Prepayment Penalty Rider <br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances <br />and administrative rules and orders (that have the effect of law) as well as all applicable final, non - appealable <br />judicial opinions. <br />(K) "Commonalty Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners association <br />or similar organization. <br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, <br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, <br />computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an <br />account. Such term includes, but is not limited to, point -of -sale transfers, automated teller machine <br />transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. <br />(M) "Escrow Items-" means those items that are described in Section 3. <br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by <br />any third patty (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage <br />to, or destruction of, the Property; (ii) condemnation or otter taking of all or any part of the Property; (iii) <br />conveyance in lieu of condemnation; or (iv) misrtprescntwime% of, or omissions as to, the value and /or <br />condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(P) "Periodic Payment" means the regularly scheduled amount due for U) principal and interest under the <br />Note, plus UU any amounts under Section 3 of this Security Instrument. <br />Q) "RESPA" means the Real Estate Settlement Procedures Act (l2 U.S.C. 42601 et seq.) and its <br />implementing regulation, Regulation X (24 C.P.R. Part 3500), as they might be amended from time to time, or <br />any additional or successor legislation or regulation that governs the same subject matter. As used in this <br />Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a <br />"federally related mortgage loan" even if the Loan does not quality as a "federally related mortgage loan" under <br />RESPA. <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Properly, whether or not <br />that party has assumed Borrower's obligations under the Note and /or this Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and <br />assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the <br />repayment of the Loan, and all renewals, extensions and modifications of the Note; and (it) the performance of <br />Borrower's covenants and agreements under this Security Instrument and die Note. For this purpose, Borrower <br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property <br />located in the County of HALL <br />[Type of Recording Jurisdiction] [Name of R cppording Jurisdiction] <br />LOT TWENTY -EIGHT (28), HIDDEN LAKES,4IB(00ND SUBDIVISIONy 'O THE CITY GRAND <br />ISLAND, HALL. COUNTY, NEBRASKA. <br />NERRASKA -Single Family- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3029 1101 (page 2 of 13 pages) <br />