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<br />200707117 <br /> <br />(1I) "Loan" llIlOfIIlS the debt evidencerl by the Now, plus intere-~T., any prepayn1~\Jlt dIRr!:",,,'; ,U1rl late charge:s due: under the <br />Not". und all SlIlllS due under this Security Ill3lrument, plus interest. <br /> <br />(I) "Iudcrs" means an Riders t.o this Security Instrument tbat arc cX~.c]lkd by Bon-ower. The following Riders are to be <br />executed by Bon'ower [check box as applieablc]: <br /> <br />D AdjllS~lhlc Rate Rider <br /> <br />o Condominium Rider <br /> <br />D Sc(:ond I-Iome Rider <br /> <br />D Balloon Rider <br /> <br />o Planned Unit Dcvelopment Rider <br /> <br />D OtlJer(s) [specify] <br /> <br />D 1.4 family Rider <br /> <br />D Biweekly Payment Rider <br /> <br />(J) "Applicable I"aw" means all controlling applicable federal, state aud lu<,;al statutes, regulations, ordillances and <br />administrative rules and orders (that have the "ffeet of law) a. well a. all applicable tina!, non~app""lah]r: judicial opinions. <br /> <br />(K) "Community Assoclation Does, Fees, ami A~segsments" means all due... fees, assessments and other charges that are <br />imposed on Borrow... or the Property by a condominium association, homeowners association 01' similar organization. <br /> <br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar <br />paper instrument, which is initiated through an electronic teoni 1'1,,1, tdcphonic instrumenT., computer, or magnetic tape so liS to <br />order, instnlCt, or authorize a financial institution 1.0 debit or credit an account. Such term includes, but is not limited to, point~ <br />of-sale trallsfers, automated teller machine transactions, tran,fers initiated by telephone, wire transfers, and antomated <br />clearinghonse lransfers. <br /> <br />(M) ''Escrow Items" means those items that arc described in Secli.on 3. <br /> <br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award of danlages, or proc;ce.ds paid by any third party <br />(othcr than insorance proceeds paid onder the covcmgc., rlcscIibed in Section 5) for: (i) damage to, or destruction of, the <br />Property; (ii) condemnation or oth... taking of all or any part of the Property; (iii) coaveyauce in lieu of condemnation; 01' <br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. <br /> <br />(0) "Mortgage Insurance" means insurancc protecting Lender against the nonpayment of, or default on, the LOlln. <br /> <br />(P) "Periodic Payment" means the tq~ularly scheduled amount due for (i) pIincipal and interest under the Not", plus <br />(ii) any amounts nuder Section 3 of this Security Instmment. <br /> <br />(Q) "RESPA" means the Real Estate Settlement PI'O.:ednres Act (12 U,S.C. ~2601 et seq.) amI its implementing regulation, <br />Regulation X (24 C.P.R. Part 3500), as they nught b" lIl11"nded from time to time, or any additional or successor legisllltion or <br />regullltion that governs the same subject matter. As used in this Security IlIslrumcnt, "RESPA" refers to aU requirements and <br />r",'lrictions that are imposed in regard tv a "fcderally related mortgage loan" even if the Loan does not qualify as a "federally <br />related mortgage loan" underRESPA. <br /> <br />(R) "Successor In Interest of Bnrrower" means any party that hall taken title to tlle Property, whether or not that party has <br />a.qsllwed Borrower's obligations nnder the Note and/or this Security InSl.rUmenl. <br /> <br />NEBRASKA-.-Siogte l'omily-Falllue MacJFreddle Mae UNlFORM INSTRUMII.NT <br /> <br />ITEM T2EN:Ial:a {IJS08}-Mf::'BS <br /> <br />(Page 2 of 12 pa~es) <br /> <br />Form 3028 1101 <br />t3RF..ATlAND. <br />To Otll" Cil: l-!IOO-5.1o.D393 0 "~616./9HI31 <br /> <br />~{J <br />