200800525 - Laserfiche WebLink

Browse

200800525 (C) "Lender" is 'rierQrle Bank Lender is a Savings Bank organized and existing undcr the laws of uNUED S'I'ATES OF AMERICA Lender's address is 1235 N SmEE~ LINCOLN NE 68508- Lender is tbe beneficiary under this Security Instrument. (D) "Trustee" is TierOniEl Bank (E) "Note" means the promissory note signed by Bmower and dated January 15 ,2008 The Note states that Borrower owes Lender ONE HUNDRED FORTY FOUR THOUSAND AND 00/100 Dollars (U.S. $ 144,000.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than February 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 ptl..'payment charges and late charges due under the Note, and all sums due under this Security Instrument,. plus interest. (II) "Riders" means all Riders to this Security Instrument that are executed by Bmower. The following Riders are to be executed by Borrower [check box as applicable]: D Adjustable Rate Rider D Balloon Rider DVARider D Condominium Rider D Second Home Rider o Planned Unit Development Rider 0 1-4 Farnily Rider D Biweekly Paywc.,'nt Rider D Other(s) [specify] (I) "Applicable Law" means all controlling applicable federal, state and locill statutes, regulations, ordinances and administrative rules and orders (that have the effectof law) as well as all applicable final, non-appealable judicial opinions. . (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments andother charges that are imposed on BorroWer or the Property by a condominium association, homeowners association or similar organization. . ...... . . (K) ''Electronic Fnnds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through anelectroriic terminal, telephonic instrument, computer, or magnetic tape so as to order,instrul:t; or authorize a fmancial institution to debit or credit an account. Such. term includes. . but is not limited to, point-of-saletransfers, automated. teller 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) "~cellaneous Proceeds" means any competisation, settlement, awaid ofdamages,ot proceeds paid by any third party (other than insurance proceeds paid onder the coverages described in Section 5) for: (1) damage to, or destruction of, the Property; (ii) conderl:lI1atiohor othtr taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations 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. P~,,2 of 15 a Initial'; . it{ cyrz; 0110278085 ~-6(NE) (0407).02 Form 3028 1/01