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200214551 <br />(C) "Levi is Union Bank and Trust Company <br />Lender is a Commercial Bank <br />organized and existing under the laws of the State of Nebraska <br />Lender's address is PO Box 82535 Lincoln NE 68501 -2535 <br />(D)"Trustee "is Union Bank and Trust Company <br />(E) "MFRS" is Mortgage Electronic Registration Systems, Inc. MFRS is a separate corporation that is <br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary <br />under this Security Instrument. MERS is organized and existing under the laws of Delaware, and has an <br />address and telephone number of P.O. Box 2026, Flint, MI 48501 -2026, teL (888) 679 -MERS. <br />(F) "Note" means the promissory note signed by Borrower and dated December 11th, 2002 <br />the Note s'tffics that Borrower owes Lender ONE HUNDRED ELEVEN THOUSAND TWO HUNDRED <br />AND 00 /100 Dollars <br />(U.S. S 111, 200. 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than January 1, 2018 <br />(G) "Property" means the property that is described below under the heading ", I ransfer of Rights in the <br />Property." <br />(11) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be cxccuted by Borrower [check box as applicablel; <br />Adjustable Rate Rider Condominium Rider 0 Second Home Rider <br />0 Balloon Rider Planned Unit Development Rider Ll 114 Family Rider <br />VA Rider El Biweekly Payment Rider F-1 Other(s) I specify] <br />(1) "Applicable Law" mewls all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, <br />non - appealable judicial opinions. <br />(K) "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 <br />association or similar organization. <br />(L) "Electronic Funds Transfer" means any transfer of funds, other thin] a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />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 <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations (if, or omissions as to, the <br />value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />02 -10- 000199 <br />(0-6AINE)(Lwl)p, Page "f ,s i�� Form 3028 1101 <br />g <br />