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<br />C:\CJ 1337206\092_0633684626_002. tif
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<br />-tx:606508
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<br />200702429
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<br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are
<br />to be executed by Borrower [check box as applicable]:
<br />
<br />o Adjustable Rate Rider
<br />o Balloon Rider
<br />o I -4 Family Rider
<br />
<br />o Condominium Rider
<br />o Planned Unit Development Rider
<br />o Other(s) [specify]
<br />
<br />o Second Home Rider
<br />o Biweekly Payment Rider
<br />
<br />(I) "Applicable Law" means all controlling applicable federal, 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 />(J) "Community Association Dues. Fees, and Assessments" 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 />(K) "Electronic Funds Transfer" means any transfer of fonds, other than a transaction originated by check, draft,
<br />or similar paper instrument, which is initiated through an electronic tenninal, telephonic instrument, computer, or
<br />magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such tenn
<br />includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by
<br />telephone, wire transfers, and automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, 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, or
<br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in
<br />lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note,
<br />plus (ii) any amounts under Section 3 of this Security Instrument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. ~2601 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. As used in this Security Instrument,
<br />"RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage
<br />loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA.
<br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that
<br />party has assumed Borrower's obligations under the Note and/or this Security Instrument.
<br />
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />
<br />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions and
<br />modifications of the Note; and (ii) the perfonnance of Borrower's covenants and agreements under this Security
<br />Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power
<br />ofsale, the following described property located in the COUNTY (Type of Recordina Jurisdiction)
<br />of Hall (Name of Recording Jurisdiction) :
<br />Part of Lots Six (6) and Seven (7), in Block Five (5), of Russel
<br />Wheeler's Addition to tho Ci ty of Grand Island, Hall County,
<br />Nebraska, as surveyed, platted and recorded, and more particularly
<br />described as: A tract of land comprising all of Lot Six (6), EXCEPT
<br />the Easterly Three (3.0) feet of the Northerly Thirty (30.0) feet
<br />thereof, and the Westerly Four (4.0) feet of the southerly one
<br />Hundred Two (102.0) feet of Lot Seven (7), all in Block Five (5),
<br />Russel Wheeler's Addition to the City of Grand Island, Nebraska.
<br />
<br />which currently has the address of 222 W 8th St.
<br />
<br />Grand Island
<br />[City}
<br />
<br />(Street)
<br />,Nebraska 68801
<br />[Zip Code)
<br />
<br />("Property Address").
<br />
<br />NEBRASKA-Single Family- Fannie MaefFreddie Mat UNIFORM INSTRUMENT
<br />DOCUI NBl (Pag, 1 of / J pages)
<br />Doo;:U1NE2. VTll 06/U/2002
<br />
<br />Form 3028 1/Dt
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