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<br />200805387
<br />
<br />V1 WBCD ~OA>> I 5021.2852
<br />(G) "Property" means the property that Is described below under the heading "Transfer of Rights In the Property,"
<br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under
<br />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 following Riders are to be
<br />executed by Borrower [check box as .1lEPlicable);
<br />D Adjustable Rate Rider L.J Condominium Rider D Second Home Rider
<br />D Balloon Rider D Planned Unit Development Rider OOther{s) [speclfyl
<br />01-4 Family Rider D Biweekly Payment Rider
<br />OVA Rider
<br />
<br />(J) "Applicable Law" means all controlling applicable tedllfBl, state and local staMes, regulations, ordinances and
<br />adminIstrative rules and orders (that have the effect of laW) as well as all applicable final, non.appealable judicial opinions.
<br />(K) "community Association Due., Fee., and Assessment." means all dues, fees, assessments and other charges
<br />thai are Imposed on Borrower or the Property by a condominium alllloclation, homeowners association or similar
<br />organization.
<br />(l) "Elactronlc Funds Transfe"" means any transfer of funds, other than a tran!laction originated by check, draft, or
<br />similar paper instrument, Which is initialed through an electronic terminal, telephonic Instrument, com puler, or magnetic
<br />tape so as to order, Inlltruct, or authorize a financial Institution to debit or credit an account. Such term Includes, but is
<br />not limited to, point-of-sale tranllfers, automated teller machine transactions, traOl;fers Initiated by telephone, wire
<br />Iransfers, and automated clearinghouse transfers.
<br />(M) "Escrow Itema" means those Items that are described In Section 3.
<br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceedll paid by any
<br />third party (other than insurance proceeds paid under the coverag8ll described in Section 5) for: (I) damage to, or
<br />destruction of, the Property: (II) condemnation or other taking of all or any part of the Property; (iii) conveyance In lieu
<br />of condemnation; or (Iv) misrepresentations of, or omlllllions as to, the value and/or condition of the Property.
<br />(0) "MortgagQ InsuranCQ" maans insurance protecting Lender agalnllt the nonpayment of, or default on, the Loan.
<br />(P) "Periodic PaymQnr means the regularly scheduled amount due for (i) principal and interest under the Note, plus
<br />(ii) any amounts under Section 3 of this Security Instrument.
<br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. 62601 et seq.) and Its Implementing
<br />regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or
<br />successor legi!llation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA"
<br />refers to all requirements and restrlction!l that are imposed In regard to a ''federally related mortgage loan" even If the
<br />Loan does not qualify as a "federally related mortgage loan" under RESPA.
<br />(R) "Successor In Intereet of BorrowQr" means any party that has taken title to the Property, whether or not that party
<br />has assumed Borrower's obligations under the Note and/or this Security Instrument.
<br />
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />The beneficiary of this Security Instrument Is MERS (solely as nominee for Lander and Lender's successors and assigns)
<br />and the successors and assigns of MERS. This Security Inlltrument llecures to Lender; (Q the repayment of the Loan, and
<br />all renewals, extensions and modifications of the Note: and (iQ the performance of Borrower's covenants and agreements
<br />under this Security Instrument and the Note. For this purpose, Borrower Irrevocably granta and conveys to Trulltee, In trust,
<br />with power of sale, the following described property located In the COUlfTY
<br />[Typ.. 01 Recording JUrisdiction] of HALl. (Nam.. of RQCOrdlng Jurl5Kllcllon]:
<br />
<br />APH I. 400152789
<br />
<br />Lot Fifteen', (15). in Block One (1). in Capital Heights Subdivision.
<br />in the C:Lty of Grand lliilimd. Ball County. l!febrallka
<br />
<br />which currently has theaddre!ls of. 4231 PEliOISYLVAlIIIA AVE, GRAlIlD ISLAlTD,
<br />
<br />(SlrHl] [CIIy]
<br />
<br />Nebraaka
<br />
<br />68803-1407
<br />(Zip Code]
<br />
<br />("Property Address"):
<br />
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances,
<br />and fixtures now or hereafter a part of the property. All replacements and additions shall alllO be covered by this Security
<br />Instrument. All of the foregoing Is referred to In this Security Instrument as the "Property." Borrower understands and
<br />agreGlllhat MERS holds only legal title to thlillntaresw granted by Borrower in this Security Instrument, but, If necessary
<br />to comply with law or custom, MERS (M nominea for Lander and Lander's successorli and a!lslgns) has the right: to
<br />exercise any or all ofthose interests, Including, but not limited to, the right to foreclose and sell the Property; and 10 take
<br />any action required of Lender including, but not limited to, releasing and canceling this Security Instrument.
<br />
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey the Property and that the Property Is unencumbered, exceptforencumbrances of record. Borrowerwarrants
<br />and will defend generally the title to the Property against all claims and demands, subject 10 any encumbrances of record.
<br />
<br />Nfll/tASI<A-5lngle F""'''y-F.nnle M../Freddl. Mac UNIFORM INSTRUMENT FOfm 302S 1/01
<br />Cl1999-l1oo7 Onllna Documanlll, lno. Page 2 of 9
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