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<br />200701416 <br />. LeAR '1 0021635891 <br />(H) "Loan" means the debt evidenced by the Note, plus Interest, any prepayment charges and late charges due under <br />the Note, and all sums due under this Security Instrument, plus interest. <br />(I) ..Ride...... means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be <br />executed by Borrower [oheck box as~lIcable): <br />o Adjustable Rate Rider L.J Condominium Rider 0 Second Home Rider <br />o Balloon Rider 0 Planned Unit Development Rider [i] Other(s} {specify) OOVBRBIRa <br />01-4 Family Rider 0 Biweekly Payment Rider LaW' RIDER <br />o Beneficiary Rider <br /> <br />(J) "Applloable Law'" means all controlling applicable fQderal, 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 <br />opinions. <br />(K) "Community A.80olatlon Due., F..., and A....sm.nts.. means all dues, feeS, assessments and other charges <br />that are imposed on Borrower or the Property by a condominium association, homeowners association or similar <br />organization. <br />(L) IlElectronlc Funds Tranaf.r" means any transfer of funds, other than a transaction originated by check, draft, or <br />similar paper instrument, which Is Initiated through an electronic terminal, telephonic instrument, computer, or magnetic <br />tape so as to order. Instruct, or authorize a financial institution to debit or credit an account. Such term Include" but is <br />not limited to, point-ot-sale transfers, automated teller machine transactions. transfers initiated by telephone, wire <br />transfers, and automated clearinghouse transfers. <br />(M) "Escrow Itema" means those items that are described In Section 3. <br />(N) "Mlacen.neoua Proceed." means any compensation, setuement, award of damages, or proceeds paid by any <br />third party (other than Insurance proceeds paid under the coverages described in Section 5) for: (I) damage to, <br />or destruction of, the Property; (Ii) condemnation or other taking of all or any part of the Property; (III) conveyance <br />in lieu of condemnation; or (Iv) misrepresentations of, or omissions as to, the value and/or condition of the <br />Property. <br />(0) "Periodic Payment" means the regularly scheduled amount due for {I} principal and interest under the Note, plus <br />al) any amounts under Section 3 of this Security Instrument. <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U,S.C. t2801 et seq.) and its implementing <br />regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or <br />successor legislation or regulation that governs the same subject matter. AI used in this Security Instrument, "RESPA" <br />refers to all requirements and restrictions that arel imposed in regard to a '1ederally related mortgage loan" even if the <br />Loan does not qualify as a "federally related mortgage loan" under RESPA. <br />(Q) "Successor In Intereet of Borrow.r" means any party that has taken title to the Property, whether or not that party <br />has assumed Borrower's obligations under the Note and/or this Security Instrument. <br /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lend.r', successors and u$igns) <br />and the successors and assigns of MERS. This Security Instrument secures to Lender: {I} the repayment of the Loan, and <br />all renEl'Nals, extensions and modifications of the Note; and (II) the performance of Borrower's covenants and agreements <br />under this Security Instrument and the Note. For this purpose. Borrower irrevocably grants and conveys to TNstee, in trust, <br />with power of sale, the followilg described property located in the COUlITY <br />[Type of Recording Jurlsdlctlonl of HALL (NGMe of R.cording Jurisdiction): <br />SD t.BGAL DBSCRIPTIOR A'l'TACHBD HBRETO JUIJ) MAD!: A PUT HERBor <br />APII *, 400183358 <br /> <br />which currently has the address of 312. R. 1st. St, Doniphan, <br /> <br />[StrHt} IC~] <br /> <br />Nebraska <br /> <br />68832 <br />(Zip Codel <br /> <br />("Property Address"): <br /> <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurt~ <br />nances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by <br />this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower <br />understands and agrees that MERS holds only legal tlUe to the interests granted by Borrower in this Security Instrument, <br />but, If necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) <br />has the right: to exercise any or all of those Interests, including, but not limited to, the right to foreclose and sell the <br />Property; and to take any action required of Lender including, but not limited to, releasing and canoeling this Security <br />Instrument. <br /> <br />NE Deed of Tru. . Single Family. Hom. Equity ~. 4105) <br /> <br />Pag.20t9 <br /> <br />NEXDEED 0508 <br /> <br />'{D <br /> <br />L(? <br />