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<br />200700761 <br /> <br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." <br /> <br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the <br />Note, if allowed under Applicable Law, and all sums due under this Security Instrument, plus interest. <br /> <br />(I) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be <br />cxecuted by Borrower [check box as applicable]: <br /> <br />D Adjustable Rate Rider <br /> <br />D Condominium Rider <br /> <br />o Second Home Rider <br /> <br />[K] Balloon Rider <br /> <br />o Planned Unit Development Rider <br /> <br />D Biweekly Payment Rider <br /> <br />D Home Improvement Rider <br /> <br />D Revocable Tmst Rider <br /> <br />[g] Other(s) [specify] Prepay Rider <br /> <br />(J) "Applicable Law" means all controlling applicable federal, state and local statntes, regulations, ordinances and <br />administrative mles and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. <br /> <br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that arc <br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. <br /> <br />(L) "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 tenninal, telephonic instmment, computer, or magnetic tape so as to <br />order, instmct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point- <br />of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated <br />clearinghouse transfers. <br /> <br />(M) "Escrow Items" means those items that are described in Section 3. <br /> <br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party <br />(otller 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 <br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. <br /> <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. <br /> <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under tlle Note, plus <br />(ii) any amounts under Section 3 of this Security Instmment. <br /> <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.c. ~ 2601 et seq.) and it'> 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 uscd in this Security Instrument, "RESPA" refers to all requiremcnt,> 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 /> <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not t1lat party has <br />assumed Borrower's obligations under the Note and/or iliis Security Instrumcnt. <br /> <br />NEBRASKA DEED 01<' TRUST-Single FlUuily .~.Secondary Lien <br />THE COMPLIANCE SOURCE, INC. <0 <br />ITEM 8627L2 (0304}-MERS MFNE3118 (Page 2 of II pages) <br /> <br />4001247094 GREATLAND. <br />To Order Call, HOo-S30-9393 D Fax: 616-791-1131 <br />