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200804759
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6/3/2008 1:38:22 PM
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6/3/2008 1:38:20 PM
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DEEDS
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200804759
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<br />200804759 <br /> <br />charges due under the Note, and all sums due under this Security Instrument, plus interest. <br />(I) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The <br />following Riders are to be executed by Borrower [check box as applicable]: <br /> <br />[ ] Adjustable Rate Rider <br />[ ] Balloon Rider <br />[ ] 1-4 Family Rider <br /> <br />[] Condominium Rider [ ] Second Home Rider <br />[] Planned Unit Development Rider [ ] VA Rider <br />[] Biweekly Payment Rider [ ] Other(s) [specify] <br /> <br />(J) "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 />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, <br />assessments and other charges that are imposed on Borrower or the Property by a condominium <br />association, homeowners association or similar organization. <br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated <br />by check, 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 <br />clearinghouse transfers. <br />(M) "Escrow Items" means those items that are described in Section 3. <br />(N) "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 in <br />Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or <br />any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or <br />omissions as to, the value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or <br />default on, the Loan. <br />(P) "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 />(Q) "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 />used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in <br />regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related <br />mortgage loan" under RESPA. <br />(R) "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 />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's <br />successors and assigns) and the successors and assigns of MERS. This Security Instrument secures to <br />Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and <br />(ii) the performance of Borrower's covenants and agreements under this Security Instrument and the <br />F,/& <br /> <br />111I11111111111111111111111111111 I <br /> <br /> <br />.. M C M DOT ... <br />Form 3028 1/01 (rev.6/02) (page 2 of 15 pages) <br /> <br /> <br />1111111111111111111111111111111111111111111111111111111111II <br /> <br />.. 3 000 031 2 69" <br />NEBRASKA--Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />Mortgage Cadence, Inc. @ 3027 02/06 <br />
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