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<br />200902350
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<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate cOlporation that
<br />is acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary
<br />under this Security Instrument. MERS is organized and existing under the laws of Delaware, and has
<br />an address and telephone number uf P.O. Box 2026, Flint, Ml 48501-2026, tel. (888) 679-MERS.
<br />(F) "Note" means the promissury note signed by Borrower and dated Marth 24, 2009. The Note
<br />states that Borrower owes Lender One Hundred Six Thousand Two Hundred And 001100 Dollars
<br />(U.S. $106,200.00) plus interest. Borrower has promised to pay this deht in regular Periodic Payments
<br />and to pay the debt in full not later than April 1, 2039.
<br />(G) "Propcrty" means the property that is described below under the heading "Transfer of Rights in
<br />the Property."
<br />(II) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late
<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 />l J Adjustable Rate Rider [1 Conduminium Rider l] Second Hume Rider
<br />[ ] Balloon Rider [] Planned Unit Development Rider [] 1-4 Family Rider
<br />[ ] V A Rider [ ] Biweekly Payment Rider [ ] Other(s)( specify]
<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 final,
<br />non-appealablt: judicial opinions.
<br />(K) "Community Association Dues, Fces, and Assessments" means all dues, fees, assessments
<br />and other charges that are imposed on Borrower or the Property by a condominium association,
<br />homeuwners association or similar urganization.
<br />(L) "Eledronic Funds Transfer" means any transter 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 debit
<br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teHer
<br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />(M) "Escrow Items" means those items that are described in Section 3.
<br />(N) "Miscellancous 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 andlor condition of the Property.
<br />(0) "Mortgage Insurancc" 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 Nutt:, 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. Section 2601 et seq.)
<br />and its implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from
<br />time to time, or any additional or successor legislation or regulatiun that governs the same subject matter.
<br />As used in this Security lnstrrunent, "RESPA" refers to all requirements and restrictions that are impused
<br />in regard to a "federally related mortgage loan" even if the Loan docs not qualify as a "federally related
<br />mortgage loan" under RESPA.
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<br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMEI\'T WITH MERS Form 3028 1/01
<br />6A(NE) (0407).01 Page 2 of 16 i~.
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