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<br />2008078}'2
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<br />(q "Lender" is TierOne Bank
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<br />Lenderis a Saving-sHank
<br />organized and existing under the laws of UNITED STATES OF AMERICA
<br />Lender's address is 1235 N. STREET LINCOLN NE 68508-
<br />
<br />, ,
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<br />Lender is the heneficiaryunder. this Security Instrument.
<br />(D) "Trustee"is TierOne Bank
<br />
<br />(E) "Note" means the promissory note signed by Borrower and dated september 12, 2008
<br />The Note states that Borro\ver owes Lender ONE HUNDRED 'l'WO THOUSAND FIVE HUNDRED
<br />AND 00/100 Dollars
<br />(U.S, $102,500.00 , ) plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Paymentsanct to pay the debt in full noflater than October I, 2038
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property. "
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges
<br />dlieunderthcNote, and all sums due under this Security Instrument, plus interest.
<br />(II) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />
<br />D Adjustable>Rate Rider
<br />D Balloon Rider '.
<br />CXJ V A Rider
<br />
<br />D.Condominium Rider D Second Home Rider
<br />D Planned Unit Development RiderD 1-4 Family Rider
<br />D Biweekly Payment Rider D Other(s) [specify]
<br />
<br />(I), "Applicabl~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 final,
<br />non, appealable judicial" opinions.
<br />(J) "Community,\ssodatioll 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 />(K)"ElectronicFunds Transfer"means. any transfer of funds, other than a transaction originated by
<br />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 debit
<br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller
<br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />(L) "Escrow Items'i means those items that are described in Section 3.
<br />(M) "MiscelhlneousProceeds" means any compensation, settlement, award of damages, or proceeds paid
<br />by any third party (othedhan insurance proceeds paid under the coverages described in Section 5) for: (i)
<br />damage to,ordestruction of, the Property; (iil condemnation or other taking of all or any pan of the
<br />Property; (iii)conveyanceinlieuof condemnation; or (iv) misrepresentations of, or omissions as tO,the
<br />value and/or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
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<br />G .6G(NE) IQQQ~I.Q1
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