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<br />200701800 <br /> <br />Loan No: 4003107515 <br /> <br />Data 10: 865 <br /> <br />(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br /> <br />D <br />D <br />D <br />D <br /> <br />(.1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable <br />final, non-appealable judicial opinions. <br /> <br />Adjustable Rate Rider <br />Balloon Rider <br />1--4 Family Rider <br />Other(s) [specify] <br /> <br />D Omdominium Rider <br />D Planned Unit Development Rider <br />D Biweekly Payment Rider <br /> <br />D Second Home Rider <br /> <br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br /> <br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to <br />debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated <br />teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />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 proceed~ paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: <br />(i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of <br />the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as <br />to, the value and/or condition of the Property. <br /> <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default <br />on, the Loan. <br /> <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under <br />the Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br /> <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.c. ~2601 et seq.) and its <br />implementing regulation, Regulation X (24 c.F.R. Part 3500), as they might be amended from time to <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As <br />used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed <br />in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related <br />mortgage loan" under RESP A. <br /> <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether <br />or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br /> <br />TRANSFER OF RIGHTS IN THE PROPERTY <br /> <br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's <br />successors and assigns) and the successors and assigns of MERS. This Security Instrument secures to <br />Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and <br />(ii) the performance of Borrower's covenants and agreements under this Security Instrument and the <br />Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, IN TRUST, WITH <br />POWER OF SALE, the following described property located in the County of HALL: <br /> <br />SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF <br /> <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mae UNIFORM INSTRUMENT <br />Modified by Middleberg, Riddle & Gianna Form 3028 1/01 (Page 2 of 11 Pages) <br />