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(A) -Security Instrument" means this document, which is dated August 6th 2003 loge0n:rwith
<br />all Hiders to this document.
<br />(B) "Borrower" is Stacey L. Timmerman and Kathleen C. Timmerman, husband and wife as joint tenants
<br />Borrower is the umstor under this Security Instrument.
<br />(C) 'Leader- is First Independent Residential Mortgage , Inc. , Lender
<br />is Corporation organized and existing under the laws of the State ofNebraska
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) eTrustm" is First National Bank of Omaha, 1620 Dodge Street, Omaha, NE 68102
<br />(E) 'Note" means the promissory note signed by Borrower and dated August 6th 2003 . The Note
<br />states that Borrower owes Lender Ninely Tbousand and 00 /100
<br />Dollars (U.S. $ 90,000.00 )plushnerest. Borrowerhaspromised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than September 1, 2033
<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
<br />Note, and all sums due under this Security Instrument, plus interest.
<br />(H) -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 />M
<br />Condominium Rider
<br />n
<br />Balloon Rider
<br />Planned Unit Development Rider
<br />❑
<br />1.4 Family Rider
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<br />Biweekly Payment Rider
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<br />[Space Above This Line For Recording Data[
<br />DEED OF TRUST
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<br />200310471
<br />DEFINITIONS
<br />Words used in multiple sections ofthis document are defined below and other words are defined in Sections 3,11,13,18,
<br />20
<br />and 21. Certain rules regarding the usage of words used in this document am also provided in Section 16.
<br />(A) -Security Instrument" means this document, which is dated August 6th 2003 loge0n:rwith
<br />all Hiders to this document.
<br />(B) "Borrower" is Stacey L. Timmerman and Kathleen C. Timmerman, husband and wife as joint tenants
<br />Borrower is the umstor under this Security Instrument.
<br />(C) 'Leader- is First Independent Residential Mortgage , Inc. , Lender
<br />is Corporation organized and existing under the laws of the State ofNebraska
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) eTrustm" is First National Bank of Omaha, 1620 Dodge Street, Omaha, NE 68102
<br />(E) 'Note" means the promissory note signed by Borrower and dated August 6th 2003 . The Note
<br />states that Borrower owes Lender Ninely Tbousand and 00 /100
<br />Dollars (U.S. $ 90,000.00 )plushnerest. Borrowerhaspromised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than September 1, 2033
<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
<br />Note, and all sums due under this Security Instrument, plus interest.
<br />(H) -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 />E] Second Home Rider
<br />❑ Other(s) [specify]
<br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules and orders (that have the effect of law) as well as all applicable final, non- appmlablejudicial opinions.
<br />(,n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and otherebarges thxtare
<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, drag or
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape
<br />so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited
<br />to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />automated clearinghouse transfers.
<br />(L) "Escrow Items" means 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
<br />party (other than insurance proceeds paid under the coverages described in Section 5) for. (i) damage to, or destruction of
<br />the Property; (if) condemnation or other taking ofall or any part ofthe Property; (iii) conveyance in lieu ofcondemnation; or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(N) '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 principal and interest under the Note, plus (if)
<br />any amounts under Section 3 of Us Security lasuument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) mdits implementing regulation,
<br />Regulation X (24 CY R, Part 3500), as they might be amended from time m time, or any additional or successor legislation
<br />NEBRASKA -Single Family- Fanule Mae/Freddk Mae UNIFORM INMUMENT Form3028 1101 /pugsI f8pa8ea)
<br />9151.CV(I0IO2) WD
<br />Kc_� GOM(00030964)
<br />Adjustable Rate Rider
<br />Condominium Rider
<br />❑
<br />Balloon Rider
<br />Planned Unit Development Rider
<br />❑
<br />1.4 Family Rider
<br />Biweekly Payment Rider
<br />E] Second Home Rider
<br />❑ Other(s) [specify]
<br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules and orders (that have the effect of law) as well as all applicable final, non- appmlablejudicial opinions.
<br />(,n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and otherebarges thxtare
<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, drag or
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape
<br />so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited
<br />to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />automated clearinghouse transfers.
<br />(L) "Escrow Items" means 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
<br />party (other than insurance proceeds paid under the coverages described in Section 5) for. (i) damage to, or destruction of
<br />the Property; (if) condemnation or other taking ofall or any part ofthe Property; (iii) conveyance in lieu ofcondemnation; or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(N) '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 principal and interest under the Note, plus (if)
<br />any amounts under Section 3 of Us Security lasuument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) mdits implementing regulation,
<br />Regulation X (24 CY R, Part 3500), as they might be amended from time m time, or any additional or successor legislation
<br />NEBRASKA -Single Family- Fanule Mae/Freddk Mae UNIFORM INMUMENT Form3028 1101 /pugsI f8pa8ea)
<br />9151.CV(I0IO2) WD
<br />Kc_� GOM(00030964)
<br />
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