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200602706 (C) "Lender" is TierOne Bank Lender is a Savings Bank organized and existing under the laws of UNITED STATES OF AMERICA Lender's address is 1235 N STREET LINCOLN NE 68508- Lender is the benetkiary under this Security Instrument. (D) "Trustee" is TierOne Bank (E) "Note" means thc promissory note signed by Borrower and dated March 22nd, 2006 The Note states that Borrower owes Lcnder ONE HUNDRED FORTY ONE THOUSAND THREE HUNDRED AND 00/100 Dollars (U.S. $ 141,300.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than April 1/ 2036 (V) "Property" means the property that is described below under the heading wl'ransfer of Rights in the Property." (G) "Loan" Ineans the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (1-1) "Riders" means all Riders to this Security Instrument that arc executed by Borrower. The following Riders arc to be executed by Borrower Icheck box as applieablel: LJ Adjustable Rate Rider D Bailoon Rider D VA Rider D Condominium Rider D Second Home Rider D Planned Unit Development Rider 0 1-4 ramily Rider D Biweekly Payment Rider D Othcr(s) IspecifYI (I) "Applicable Law" means all controlling applicable fedcral, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (.J) "Comlllunity Association Dues, Fees, and Assesslllents" means all dues, fces, assessmcnts and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organiJ:ation. (I() "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrUlnent, which is initiated through an electronic terminal, tclephonic instrulllent, computer, or magnctic tape so as to order. instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not lilnited to, point-of-sale transfers, automated teller machine transactions, transfcrs initiated by telephone, wire transfers, and autOlnated clearinghouse transfers. (L) "Escrow Items" means those itelns that arc described in Section 3. (M) "Miscellaneous Proceeds" means allY compensation, settlelTlent, award of dmnages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condenmation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of: or omissions as to, the value and/or condition of the Property. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of. or dcf;nllt on, the Loan. G-6(NE) (0407),01 @ InitiaI5:~ 0110247846 P~e 2 of 1 5 Form 3028 1/01