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DEamrnorvs
<br />20021!257
<br />v'
<br />Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 6,
<br />and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16. °d
<br />(A) "Security Instrument" means this document, which is dated ........................ 12-. 13: 2 00? ........... ................. together
<br />with all Riders to this document.
<br />(B) "Borrower" is ,lank A.,Luth and .Awe.A,Luth,Hushand,and Wife ...... ..... .............................................. ....... ........
<br />.
<br />................................... ...............................
<br />Borrower is the tmstor under this Security Instrument
<br />(C) "Lender" is 0glitalle Bank ......................_....
<br />Lender is a C1100.0101) ................_................... ............................... ................... _.. organized and existing under
<br />the laws of ..... ............................... . Lender's address is ..1333 North.w..ehh, Hnad, P,O,0gx,513A
<br />GrandIsland,.NE..08.QQ2......... _ ........................... ............................... _... ............................... _... _............
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is Tier(hm Batik_............_,..,,,,,,..
<br />........................................................... ...............................
<br />(E) "Note" means the promissory note signed by Borrower and dated .12:.1,3: 2002 .................. ...... ........... ._. ..... .... . The
<br />Note states mat Borrower owes Lender SeYentY. lM1teethausandand. l] DLlOA ...................... .................. .. ....... ........ ........ ..
<br />... ... _ .......... ............................... Dollars (U.S. $ 719GILQQ. ............ .......) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than ..................... 0A.Q1:2033._._ .............
<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 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 />(II) "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 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 />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rates and orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions.
<br />(.I) "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 terminal, telephonic instrument, computer, or magnetic Cape so as to
<br />order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to,
<br />point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transers, and automated
<br />clearinghouse transfers.
<br />(L) "Escrow Items" meatus 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 coverages described in Section 5) for. (i) damage to, or destruction of, the
<br />Property; (ii) condemnation or other taking of all or any part of the Property; (in) conveyance in lieu of condemnation; or (iv)
<br />misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />IN) "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 (it) any
<br />amounts under Section 3 of this Security Instrument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et 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 Chat governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and
<br />restrictions That are unposed 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 parry that has taken title to the Property, whether or not that party has
<br />assigned Borrower's obligations under the Note and /or this Security Instrument.
<br />Form 3028 1/01
<br />NEBRASKA — Single Family— Fannie MaelFreddia Mac UNIFORM INSTRUMENT �'1\ IIIIIIII VIII IIIIIIIIII IIII IIII IIII
<br />Bankers 5yztem¢.Inc..St c-m ,.N Fo,mse LNr 811112000
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<br />DEamrnorvs
<br />20021!257
<br />v'
<br />Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 6,
<br />and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16. °d
<br />(A) "Security Instrument" means this document, which is dated ........................ 12-. 13: 2 00? ........... ................. together
<br />with all Riders to this document.
<br />(B) "Borrower" is ,lank A.,Luth and .Awe.A,Luth,Hushand,and Wife ...... ..... .............................................. ....... ........
<br />.
<br />................................... ...............................
<br />Borrower is the tmstor under this Security Instrument
<br />(C) "Lender" is 0glitalle Bank ......................_....
<br />Lender is a C1100.0101) ................_................... ............................... ................... _.. organized and existing under
<br />the laws of ..... ............................... . Lender's address is ..1333 North.w..ehh, Hnad, P,O,0gx,513A
<br />GrandIsland,.NE..08.QQ2......... _ ........................... ............................... _... ............................... _... _............
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is Tier(hm Batik_............_,..,,,,,,..
<br />........................................................... ...............................
<br />(E) "Note" means the promissory note signed by Borrower and dated .12:.1,3: 2002 .................. ...... ........... ._. ..... .... . The
<br />Note states mat Borrower owes Lender SeYentY. lM1teethausandand. l] DLlOA ...................... .................. .. ....... ........ ........ ..
<br />... ... _ .......... ............................... Dollars (U.S. $ 719GILQQ. ............ .......) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than ..................... 0A.Q1:2033._._ .............
<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 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 />(II) "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 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 />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rates and orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions.
<br />(.I) "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 terminal, telephonic instrument, computer, or magnetic Cape so as to
<br />order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to,
<br />point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transers, and automated
<br />clearinghouse transfers.
<br />(L) "Escrow Items" meatus 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 coverages described in Section 5) for. (i) damage to, or destruction of, the
<br />Property; (ii) condemnation or other taking of all or any part of the Property; (in) conveyance in lieu of condemnation; or (iv)
<br />misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />IN) "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 (it) any
<br />amounts under Section 3 of this Security Instrument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et 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 Chat governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and
<br />restrictions That are unposed 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 parry that has taken title to the Property, whether or not that party has
<br />assigned Borrower's obligations under the Note and /or this Security Instrument.
<br />Form 3028 1/01
<br />NEBRASKA — Single Family— Fannie MaelFreddia Mac UNIFORM INSTRUMENT �'1\ IIIIIIII VIII IIIIIIIIII IIII IIII IIII
<br />Bankers 5yztem¢.Inc..St c-m ,.N Fo,mse LNr 811112000
<br />nl'. L2001 iFeBe J`` I2M� �.� �0��
<br />�l �l f�C nwtr
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