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<br /> <br />200706105 <br /> <br />(C) "l-cnder" is TierOne Bank <br /> <br />Lender is a Savings Bank <br />organized and existing under the laws of UNITED STATES OF AMER.lCA <br />Lender's address is 1235 NSTREET LINCOLN NE 68508- <br /> <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is TierOne Bank <br /> <br />(E) "Note" means the promissory note signed by Borrower and dated July 05, 2001 <br />The Note states that Botrower owes Lender '11iENTYONE THOUSAND Two HUNDRED AND <br />00/100 Dollars <br />(U .S.$ 21,200.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Pay'mentsand to pay the debt in full not later than August 1, 2027 <br />(F) "'Property" means the property that is described below under the heading "Transfer of Rights in the <br />property. ". . <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment chlli'gesand late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(Il) "Riders" means all Riders to this Security Instrument that are execu:ted by Borrower. The following <br />Riders are to be executed by Sorrower [check box as applicable]: <br /> <br />o Adjustable Rate Rider <br />o Balloon Rider <br />o VA Rider <br /> <br />D Condominium Rider .0 Second Home Rider <br />o Planned Unit Development Rider 0 1-4 Family Rider <br />o Biweekly Payment ltider 0 Other(s) [specify] <br /> <br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinanccsand administrative rules and orders (that have the effect of law) as well as all applicable tinal, <br />non-appealable judicial opinions. . <br />(J) "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 condominiumassociatiou, homeowners <br />association or similar organization. <br />(K) "Electronic FuiidsTransfer" means any transfer of funds,other thana 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;orauthorite a financial institUtion to debit <br />or credit an account. Stich term includes, but is not limited to, poirttcofwsale transfers, automated teller <br />machine transactions, trliIisfers initiated by telephone, wire transfers, and automated clearingllouse <br />transfets. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages,drptoceeds paid <br />by any third party (other than insurance proceeds paid under the coverages describcdin Section 5) for: (i) <br />.damage to, or destruction of, the Property; {ii)condemnation or other taking of all or any part Of the <br />Property;(iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />valueand/or condition of the Property. <br />(N) "Mortgage Insurance"meatts insurance proteCting Lender against the nonpayment of, or default on, <br />. the Loan. <br /> <br />Im'I.I.: ~j M <br /> <br />.0110269441 <br />form30Z8 1/01 <br /> <br />~.6(NEI (0407).02 <br />~. <br /> <br />Paga 2 of 15 <br />