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200710691 (C) "Lender" is TierOne Bank Lender is a Savings Bank organized and existing under thc laws of UNITED STATES OF AMERICA Lender's address is 1235 N STREET LINCOLN NE 68508- Lender is the beneficiary under this Sccurity Instrumcnt. (D) "Trustee" is u. S. BANK TRUST COMPANY, National Association (E) "Note" means the promissory note signed by Borrower and dated December 26, 2007 The Note states that Borrower owes Lcnder NINETY FOUR THOUSAND TWO HUNDRED FIFTY AND 00/100 Dollars (U .S. $ 94,250.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than January 1, 2038 (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property. " (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges <lid late charges due undcr the Note, and all sums due undcr this Security Instrument, plus interest. (II) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: D Adjustable Rate Rider D Balloon Rider D VA Rider [J Condominium Rider D Second Home Rider o Planned Unit Development Rider D 1-4 Family Rider C_J Biweekly Paymcnt Rider [i] Other(s) [specify] Nifa Form E-3 (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (J) "Community Association Dues, Fees, and Assc,'lsments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (K) "Electronic }<'unds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic tenninal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term ineludes, but is not limited to, point-of-sale transfers, automated tcller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) convcyance in lieu of condemnation; or (iv) misreprcsentations of, or omissions as to, the value and/or condition of the Property. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. InilialS:~_S u.J 0110273919 G-6INEII04()7).02 (!J PDgC 2 of 1 5 Form 3028 1101