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200213963 <br />(C) "Lender" is WELLS FARGO BANK NEBRASKA, NATIONAL ASSOCIATION. <br />Lender is a NATIONAL ASSOCIATION <br />organized and existing under the laws of <br />THE UNITED STATES OF AMERICA. <br />Lender's address is 304 W 3rd Street, Grand Island, NE 68801. <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is WELLS FARGO BANK NEBRASKA, NATIONAL ASSOCIATION <br />(E) "Note" means the promissory now signed by Borrower and dated November 21, 2002. The Note states that <br />Borrower owes Lender SEVENTEEN THOUSAND ONE HUNDRED SEVENTY FIVE and 00 /100 Dollars <br />(U.S. $17,175.00) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to <br />pay the debt in full not later than November 15, 2007. This Security Instrument secures 150% of the amount of <br />the Note. <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "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 />(H) 'Eiders" 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 />E3 Adjustable Rate Rider p Condominium Rider p Second Home Rider <br />p Balloon Rider p Planned Unit Development Rider p 1 -4 Family Rider <br />p VA Rider p Biweekly Payment Rider p Other(s) [specify] <br />(1) "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 />(d) "Community 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 />(IQ "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, telepbonic instrument, <br />computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an <br />account. Such man includes, but is not limited to, point -of -sale transfers, automated teller machine transactions, <br />transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(111) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by <br />any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage <br />to, or destruction of, the Property; (u) condemnation or other taking of all or any part of the Property; (iii) <br />conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition <br />of the Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(0) "Periodic Payment' means the regularly scheduled amount due for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />Initlal17 <br />�6(NE (w.) Page2 af15 ' /( %/ // /Qt/�'__// F.30281 /01 <br />