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<br />[Space Above This Line Fol'Recording Data
<br />DEED OF TRUST
<br />DEFINITIONS
<br />Words used in multiple sections of this document are defined below and other words are defined In Sections 3, 11, 13, 18, 20 and 21.
<br />Certain rules regarding the usage of words used in this document are also provided in Section 18.
<br />(A) "Security Instrument" means this document, which is dated D E C E M B E R 2 7 , 2 0 0 4 , together with all Riders to this
<br />document.
<br />(B) "Borrower" is WILLIAM A. BROWN AND BEVERLY A. WTEBE- BROWN. AS HUSBAND AND WIFE
<br />Borrower is the cru or under this Security nsrument.
<br />(C) "Lender" is. PLATTE VALLEY STATE BANK 8 TRUST CO . Lender is
<br />oirganvoci arid existing Un or t e am o THE STATE OF _
<br />N F B R A S K A . ender'saddressis an at Is t o one ICiary un or
<br />this Security Instrument.
<br />(D) "Trustee "is FIRST NATIONAL BANK OF OMAHA
<br />16,o noDGF 11 TnP 6 00 OMAHA NF 68197 -43O11
<br />(E) uNote" means the promissory note siggned by Borrower and dated D E C E M B E R 2 7 2 0 0 4 The Note states that
<br />6b orrower owes Lender EfGHTY FOUR THD U S A ND 0
<br />o ars pus Interest.
<br />borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not Ister t an
<br />JANUARY 1 >035
<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 Note, and
<br />all sums due under this Security Instrument, plus Interest.
<br />T) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by
<br />rrower [check box as applicable]:
<br />El Adjustable Rate Rider ❑Condominium Rider ❑Second Hem. Rider
<br />❑Balloon Rider ❑ Planned Unit Development Rider ❑Oeler(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 administrative
<br />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 similar paper
<br />iinstrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order,
<br />instruct, or authorize a financial institution to debit or credit an account. Such term inc °des, but is not limited to, point -of -sale
<br />transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br />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 party
<br />of er than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property,
<br />if) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations
<br />of, or omissions as to, the value and/or condition of the Properly.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />(0) "Periodic Pagqment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any
<br />amounts under Section 3 of this Security Instrument.
<br />RP) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. g 2601 at sort ) and its implementing regulation,
<br />egulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or
<br />regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and
<br />restrictions that are imposed in regard to a'federally related mortgage loan" even N the Loan does not quality as a "federally related
<br />mortgage loan" under RESPA. yy party assumed "Successor In Interest of Borrower" means
<br />and/or this nK partAythattWm taken title to the Property, whether or not that party has
<br />AFTER RECORDING RETU RN TO:
<br />PLATTE VALLEY STATE BANK 6 TRUST CD
<br />MORTGAGE LOAN DEPARTMENT
<br />2223 SECOND AVE
<br />K EA R NE Y, NE 68847 /Ja
<br />NEBRA.Ki 111. Fiim1IY -Fwnle Ma✓aMtlle M.. UNIFORM INSTRUMEM Fam90201rot (ggst el]Ppw) fG�11 �
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