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<br />200709769 <br /> <br />[J /\djustabk Rate Rider <br />o Balloon R icier <br />o 1-4 Fawily Rider <br /> <br />[J Condominium Ridcr <br />[] Planned Unit Development Rider <br />o Biweekly Payment Rider <br /> <br />o Second Horne Rider <br />o Other(s) [specify]__ <br /> <br />(I) "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 />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments <br />and other charges that are imposed on Borrower or the Property by a condominium association, <br />homeowners association or similar organization. <br />(K) "Electronic "Funds Transfer" means any transfer of funds, other than a transaction originated <br />by check, draa, or similar paper instrument, which is initiated through an electronic terminal, <br />telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial <br />institution to debit or credit an account. Such tcrm includes, but is not limited to, point-of-sale <br />transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and <br />automated clearinghouse transfers. <br />(L) "Escrow Items" means those items that arc described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or <br />proceeds paid by any third party (other than insurance proceeds paid under the coverages described <br />in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of <br />all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations <br />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 <br />default on, the Loan. <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest <br />under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br />(P) "RESP A" means the Real Estate Settlement Procedures Act (12 U.S.C. 9260 I et seq.) and its <br />implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time <br />to time, or any additional or successor legislation or regulation that governs the same subject matter. <br />As used in this Security Instrument, "RESP A" refers to all requirements and restrictions that are <br />imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a <br />"federally related mortgage loan" under RESP A. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, <br />whether or not that party has assumed Borrower's obligations under the Note and/or this Security <br />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, <br />extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and <br />agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably <br /> <br />NEBRASKA--Single Family--Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br /> <br />Form jillOI (page PJPageS) <br /> <br /> <br />Initial Here <br />