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<br />e <br /> <br />e <br /> <br />200509569 <br /> <br />Loan No: 11905267 <br /> <br />Data ID: 766 <br /> <br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The <br />following Riders are to be executed hy Borrower [check box as applicable]: <br /> <br />o Adjustahle Rate Rider <br />o Balloon Rider <br />o 1-4 Family Rider <br />I2)J Other(s) [specifyl <br /> <br />o Condominium Rider <br />o Planned Unit Development Rider <br />o Biweekly Payment Rider <br />Arbitration Rider <br /> <br />o Second Home Rider <br /> <br />(1) "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 /> <br />(.1) "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 condominium association, homeowners <br />association or similar organization. <br /> <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />chel:k, draft, or similar paper instrument, which is initiated through an electronic terminal. telephonic <br />instrument, computer, or magnetic tape so as to order, instruct. or authorize a financial institution to <br />debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated <br />teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br /> <br />(L) "Escrow Items" means those items that are described in Section 3. <br /> <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages descrihed in Section 5) for: <br />(i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of <br />the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as <br />to, the value and/or condition of the Property. <br /> <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default <br />on, the Loan. <br /> <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under <br />the Note, plus (ii) any amounts under Section 3 of this Security Instrument. <br /> <br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.c. *2601 et seq.) and its <br />implementing regulation, Regulation X (24 c.F.R. Part 3500), as they might be amended from time to <br />time, or any additional or successor legislation or regulation that governs the same subject matter. As <br />~sed in this Security instrument, "RESP A" refers to ~II requirements and rest~ietions that arc imposed <br />ill regard to a "federally related mortgage loan" even If the Loan does not qualify as a "federally related <br />mortgage loan" under RESP A. <br /> <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether <br />or not that party has assumed Borrower's ohligations under the Note and/or this Security 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, extensions <br />and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under <br />this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described properly IOl:ated in the County of HALL: <br /> <br />.~ <br />The South Half (S 1/2) of Lot One (1), Block Forty-Seven(47), <br />Russel Wheeler's Addition to the City of Grand Island, Hall County, <br />Nebraska. <br /> <br />Subject to easments and restricitions of record. <br /> <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />Form 3028 1/01 (Page 2 of 11 Pages) <br /> <br />11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 <br /> <br />P+0011905267+4469+02+11 +NECNVADT <br />