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<br />]Space Above This Line For Recording Data]
<br />DEED OF TRUST
<br />DEFINITIONS
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<br />Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20
<br />and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16.
<br />(A) "Security Instrument" means this document, which is dated .........................12.2 2QN , , . , . , , , , , , , .... , . , . , , . _ . _ together
<br />with all Riders to this document.
<br />(B) "Borrower" is RYAN HAPPM and SHENTFI&I : HAPPQM Husband and Wife
<br />................................................ ...............................
<br />.......................................................................................................................... ............................... .
<br />Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is Heritage Bank ....................................................................................... ...............................
<br />Lender is a .QPrPPra iQn .............................................................. ............................... organized and existing under
<br />the laws of .t Q ate, pf. N0r* P .............. ............................... . Lender's address is . 1. 101, 12thStreettP ,O,Box3�9,.Aurora,,lUE,,,,,
<br />6881x ..............
<br />..................................................................................................... ............................... .
<br />Lender is the beneficiary under this Security Instrument.
<br />{D) "Trustee" is Heri..9...... ,1101 12TH STREET AURORA, NE 68818
<br />. ...................................................... ...............................
<br />(E) "Note" means the promissory note signed by Borrower and dated 2-2NQP. , , , • . . . .. . . . . . . . . . . ............................... The
<br />Note states that Borrower owes Lender ane hundredtvueotK A1la thousand and null. 0. 0 ............................... ...............................
<br />................... ............................... Dollars (U.S. $ -121,000;00, . , , .. , .. ''I ..........) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than ...................... l 2 a.l zO 1.3, ...................
<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 />(13) "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 rules and orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions.
<br />(J) "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 />(B) "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 tape 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 transfers, and automated
<br />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 party
<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; (iii) conveyance in lieu of condemnation; or (iv)
<br />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 (i) principal and interest under the Note, plus (ii) 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 that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and
<br />restrictions that are imposed 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 party that has taken title to the Property, whether or not that party has
<br />assumed Borrower's obligations under the Note and /or this Security Instrument.
<br />NEBRASKA — Single Family— Fannie Mae /Freddie Mac UNIFORM INSTRUMENT
<br />Bankers Systems, Inc., St. Cloud, MN Form MD -1 -NE 8/17/2000
<br />ref: 112001 (page I of7pages)
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