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20 050 896 6�,
<br />(D) "Trustee" is First American Title Insurance Conpany
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MFRS is a separate corporation that is acting
<br />solely as
<br />a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary under this Security Instrument
<br />MFRS is organized and existing under the laws of Delaware, and has an address and telephone number of P.O. I
<br />ox 2026,
<br />Flint, MI 48501 -2026, tel. (888) 679 -MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated August 11, 2005
<br />The Note states that Borrower owes Lender twenty four thousand two hundred, and NO/100tlis
<br />Dollars (U.S_ $ 24,200-00
<br />)
<br />plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full
<br />not later
<br />than Septerrber 1, 2020 -
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Prop
<br />"
<br />(Q) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due
<br />ndcr the
<br />Note, if allowed under Applicable Law, and all stuns due under this Security Instrument, plus interest.
<br />(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Iii
<br />are to
<br />be executed by Borrower [check box as applicablej.
<br />❑ Adjustable Rate Rides ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Biweekly Payment Rider
<br />❑ Horne Improvement Rider ❑ Revocable Trust Rider
<br />61 Other(s) [specify] ID: Firsts /Second Lien, Balloon Rider
<br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordimnees
<br />and
<br />administrative rules and orders (that have the effect of law) as well as all applicable final, non - appealable judicial op
<br />inions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other c
<br />ges that
<br />organ'
<br />are imposed on Borrower or the Property by a condominium association, homeowners association or similar organiz
<br />ition.
<br />(L) '*Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by checlL.
<br />draft, or
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or =g
<br />ietic tape
<br />so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not
<br />limited
<br />to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers,
<br />and
<br />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
<br />party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destmiction
<br />of,
<br />the Property; (ii) condemnation or other taldug of all or any part of the Property; (iii) conveyance in lieu of cards
<br />tion; or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(0) `wMortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the
<br />L Dan.
<br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the
<br />Note, plus
<br />(ii) any amounts under Section 3 of this Security Instrument.
<br />�J
<br />Initials:
<br />Loan No- 121760239
<br />Nebraska Deed of Trus"ingle family-- 5eeondary Lien MERS Modified Fbnm
<br />Pool 01101
<br />—TM CowuANcE SuuRcz,1NC. --- Page 2 of 11 ModfflW By 1°M CewpHam+e 89mg, Inc."
<br />IO2NE 07 192
<br />www.coaV[kr4arnmce.mm 02002,neCMV
<br />ce scxlma. Inc.
<br />
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