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<br />DEFINITIONS
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<br />DEED OF TRUST
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<br />Words used in multiple sections of this docunie~aredefined below and other words-are defined in Sections 3; 11,
<br />and 21. Certain rules regarding the usage of words used in this document are also provided in Section l6.
<br />(A) "Security Lnstrument" means this document, which is dated ............. ..... Q6: ~O-~OQ~ , , , , , , , , , ,
<br />with ali Riders to this document.
<br />(B) "Borrower" is TIMOTHY.F,T.H(EI~~iANpSH~Rf31.~•.T}{IJ:NIrhHuSUANP.ANQ.WIFF ................ .........
<br />Borrower is the trustor under this Security Instrument.
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<br />(C) "Leader" is FIRST STATE BANK . . . . . . . . . . . ........... . . .
<br />Lender is a .GpftpOAATIQN ........................................................................................... organized and existing under
<br />the laws of .TN.~STAT,~pF~~l3~ASKA .........................................Lender's address is .11,9CSTREET,,P,OBOj(639,,SH~I,TON,,N,~,,,,,
<br />6~876 ................................................................................................................................................... .
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" is FIR575TATEBANK.POBOX,639_SHEITON,,NE, 68876,,, ...................................................................... .
<br />(E) "Note" means the promissory note signed by Borrower and dated 46-~4-~.449 .....................................................The
<br />Note states that Borrower owes Lender ONE.HUNOfIEDF.IF,T.Y,T,HBEITHOU.SANIgANR~lR1t09 .........................................................
<br />.................................................. Dollars (U. S. $ .153,000,00, , , , . - - - ... , ......) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than .....................07.•0.1:2A12.....................
<br />......................................................................................................................................................... .
<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 Nate, plus interest, any prepaymene charges and late charges due under the Note,
<br />~--- - --~ 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 Fatnily Rider © Biweekly Payment Rider
<br />(n "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 />(~ "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
<br />paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to
<br />order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to,
<br />point-of--sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and autntnated
<br />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 party
<br />(other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage ta, or destruction of, the
<br />Property; (ii) candexttnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv)
<br />misrepresentations af, 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 />(O) "Periodic Payment" 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 />(P) "RESPA" means the Real. Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation,
<br />Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation nr
<br />regulation that governs the same subject matter. As used in this Security Instrument, "RISPA" refers to all requirements and
<br />restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally
<br />related mortgage loan" under I~`ESPA.
<br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has
<br />assumed Borrower's obligations under the Note and/nr this Security Instrument.
<br />Form 302$ 7 /Q 1
<br />NEBRASKA-Single Family-Fannie Mae!Freddie Mac UNIFORM INSTRUMENT I IIIIIII VIII IIII I VIII III ~~I II'I
<br />BAnltarR Sysmms, Inc„ St. Cloud, MN Form MD-1-N~ 8/17/2000 III 111 111111 III
<br />rah, 7!2001 _ (page ] of 7 paged J B 2 A 0
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