|
DEFINITIONS
<br />Words used in multiple sections ofthis document are defined below and other words are defined in Sections 3,11,13,18, 20
<br />and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16.
<br />(A) "Security Instrument" means this document, which is dated December 12th , 2008 , together with
<br />all Riders to this document.
<br />(B) "Borrower" is Randel L Anderson and Holly A Anderson, husband and wife
<br />Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is CharterWest National Bank
<br />is a Corporation organized and existing under the laws of the State of Nebraska
<br />Lender's address is 710 N Diers Avenue Suite M Grand Island, NE 68803
<br />Lender is the beneficiary under this Security Instrument,
<br />(D) "Trustee" is TierOne Bank P.Q. Box 83009 Lincoln, NE 68501 -3009
<br />Lender
<br />(E) "Note" means the promissory note signed by Borrower and dated December 12th , 2008 . The Note
<br />states that Borrower owes Lender Two Hundred Thirty One Thousand Five Hundred Forty Six and 00/100
<br />Dollars (U.S _ $ 231,546.00 ) plus interest. Borrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than _ January 1, 2039
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the
<br />Note, and all sums due under this Security Instrument, plus interest.
<br />(H) "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 applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Other(s) [specify] _
<br />❑ 1 -4 Family Rider ❑ Biweekly Payment Rider
<br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, 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 />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are
<br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.
<br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape
<br />so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited
<br />to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third
<br />party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of,
<br />the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />NEBRASKA -- Single Family -- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1 /01 (page 1 of8pages)
<br />9754.CV (liar) 901540 Creative Thinking, Inc.
<br />GOTO(000905a)
<br />Return To:
<br />CharterWest National Bank
<br />710 N Diers Avenue Suite M
<br />Grand Island, NE 68803
<br />0V n
<br />m
<br />C a
<br />C�
<br />co
<br />(, CA
<br />rn
<br />�•
<br />c7
<br />� �
<br />C]
<br />C.
<br />_T,
<br />N
<br />CD
<br />4
<br />co
<br />�...�
<br />O
<br />M
<br />3
<br />r
<br />I~+ C
<br />r
<br />p
<br />_X:
<br />~ M
<br />C�
<br />Un
<br />O
<br />Cra
<br />[Space Above This Line For Recording Data]
<br />DEED OF TRUST
<br />d
<br />DEFINITIONS
<br />Words used in multiple sections ofthis document are defined below and other words are defined in Sections 3,11,13,18, 20
<br />and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16.
<br />(A) "Security Instrument" means this document, which is dated December 12th , 2008 , together with
<br />all Riders to this document.
<br />(B) "Borrower" is Randel L Anderson and Holly A Anderson, husband and wife
<br />Borrower is the trustor under this Security Instrument.
<br />(C) "Lender" is CharterWest National Bank
<br />is a Corporation organized and existing under the laws of the State of Nebraska
<br />Lender's address is 710 N Diers Avenue Suite M Grand Island, NE 68803
<br />Lender is the beneficiary under this Security Instrument,
<br />(D) "Trustee" is TierOne Bank P.Q. Box 83009 Lincoln, NE 68501 -3009
<br />Lender
<br />(E) "Note" means the promissory note signed by Borrower and dated December 12th , 2008 . The Note
<br />states that Borrower owes Lender Two Hundred Thirty One Thousand Five Hundred Forty Six and 00/100
<br />Dollars (U.S _ $ 231,546.00 ) plus interest. Borrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than _ January 1, 2039
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the
<br />Note, and all sums due under this Security Instrument, plus interest.
<br />(H) "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 applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Other(s) [specify] _
<br />❑ 1 -4 Family Rider ❑ Biweekly Payment Rider
<br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, 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 />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are
<br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.
<br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape
<br />so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited
<br />to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third
<br />party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of,
<br />the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />NEBRASKA -- Single Family -- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1 /01 (page 1 of8pages)
<br />9754.CV (liar) 901540 Creative Thinking, Inc.
<br />GOTO(000905a)
<br />Return To:
<br />CharterWest National Bank
<br />710 N Diers Avenue Suite M
<br />Grand Island, NE 68803
<br />
|