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200609120 (G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment chargcs and late charges due under the Note, if allowed undcr Applicable Law, and all sums due under this Security Instrument, plus interest. (I) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders arc to be executed by Borrower [check box as applicable]: D Adjustable Rate Rider D Condominium Rider D Second Home Rider [R] Balloon Rider D Planned Unit Development Rider D Biweekly Payment Rider D Home Improvement Rider D Revocable Trust Rider D Other(s) [specify] (J) "Applicable Law" means all controlling applicable federal, state and local statutcs, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (K) "Community Association Dues, Fees, and Assessments" means all ducs, fees, assessmcnts and other charges that are imposed on Borrowcr or the Property by a condominium association, homeowners association or similar organization. (L) "Electronic Funds Transfer" means any transfcr of funds, other than a transaction originated by check, draft, or similar papcr instrument, which is initiated through an electronic tenninal, telephonic instrumcnt, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such tenn includes, but is not limited to, point- of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire trans fcrs , and automatcd clearinghouse transfcrs. (M) "Escrow Items" means thosc items that are dcscribed in Section 3. (N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid undcr the coverages described in Section 5) for: (i) damage to, or destruction of, the Propcrty; (ii) condemnation or othcr taking of all or any part of the Property; (iii) conveyance in licu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (0) "Mortgage Insurance" mcans insurance protecting Lender against the nonpayment of, or default on, the Loan. (P) "Periodic Payment" mcans the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts undcr Section 3 of this Security Instrumcnt. (Q) "RESPA" mcans the Real Estate Settlement Procedures Act (12 U.S.c. ~ 2601 et seq.) and its implementing regulation, Regulation X (24 C.F.R. Part 3500), as thcy might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject mattcr. As used in this Security Instrumcnt, "RESPA" rcfers to all requiremcnts and restrictions that are imposed in regard to a "fedcrally related mortgage loan" even if the Loan does not qualify as a "fcdcrally related mortgage loan" under RESP A. (R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whethcr or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. NEBRASKA DEED OF TRUST-Single Fmnily-Secondary Lien THE COMPLIANCE SOURCE, INC. <Cl ITEM 8627L2 (0304)-MERS MFNE3118 (Page 2 of J J pa!{es) 4001031804 GREATLAND · To Order Cali: 1.800-530-9393 [J Fax: 616.791-1131