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<br />200702990
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<br />C:\CJ1365113\004_0641 n6729_002.tif
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<br />200510009
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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 />01-4 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 funds, other than a transaction originated by check, draft,
<br />or similar paper instrume!lt, 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 term
<br />includes, but is not limited to, point~of~sale transfers, autQmated 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 aoy
<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 Insrrument_
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 V.S.C. ~2601 et seq.) and its implementing
<br />regulation, Regulation X (24 C.F.R. Pan 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 GF RIGHTS IN 11-IE 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 performance 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 />of sale, the following described property locllted in the COUNTY (Type ofRel:ording Jurisdiction)
<br />of Hall (Name of Rcrording Jurisdiction) :
<br />Lot Three (3) , in Niedfelt 1st Subdivision, a part of the Northeast
<br />Quarter of the Northeast Quarter (NE1/4 NEl/4) of Section
<br />Thirty-five (35), Township Eleven (11) North, Range Nine (9), West
<br />of the 6th P.M. I Hall County, Nebraska.
<br />
<br />which currently has the address of
<br />
<br />Grand Island
<br />[Cilyl
<br />
<br />3456 S Shady Bend Rd
<br />[Street]
<br />,Nebraska 6BB01
<br />[Zip Code]
<br />
<br />("Property Address").
<br />
<br />NEBRASKA-Single Family~ FIDDie Mae/Freddie Mar UNIFORM INSTRUMENT
<br />
<br />DOCUlNE2 (Page 2 0113 pages)
<br />DOCIJ1HE2. VTX .'/U/2.~
<br />
<br />Form 3028 1101
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