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200906592 <br />(F) "Note" means the promissory note signed by Borrower and dated April 7, 20D9. The Note states that <br />Borrower owes Lender One Hundred Ninety Eight Thousand Seven Hnndred Fii'ty and 00/IOOths Dollars <br />(U.S. $198,750.D0) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay <br />the debt in full not later than May 1, 2039. <br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(~ "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due <br />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 following <br />Riders are to be Executed by Borrower [check box as applicable]: <br />^ Adjustable Rate Rider ^ Condominium Rider <br />^ Balloon Rider ^ Second Home Rider <br />^ Planned Unit Development Rider ^ BiwEekly payment Rider <br />^ I-4 Family Rider ^ Revocable Trust Rider <br />^ Other(s) [specify] <br />(•>7 "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances <br />and administrative rules and orders (that have the Effect of law) as well as all applicable final, non-appealable <br />judicial opinions. <br />(>~ "Community Association Dnes, 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 association or <br />similar organization. <br />(L) "Electronic 14 ands Transfer" means any transfer of funds, other than a transaction originated by check, <br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, <br />or magnetic tape so as to order, instruct, or authorize a frnancial institution to debit or credit an account. Such term <br />includes, but is not limited to, point-of sale transfers, automated teller machine transactions, transfers initiated by <br />telephone, wire transfers, and automated clearingheuse transfers. <br />(M) "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 <br />~Y third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, <br />or destruction of, the Property; (ii) condemnation or other taking of all or any part of the prop,; (iii) conveyance <br />in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. <br />(D) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(P) "Periodic Payment" means the regularly scheduled amount duo for (i) principal and interest under the <br />Note, plus (ii) any amounts under Section 3 afthis Security Instrument. <br />Nebraska heed of 7yast-~Sipgle Family-Fannie 114ae/F,+eddie Mac IJpifowm Iastrameat <br />MFRS Modified Form 30Z$ r/Ol <br />The Compliance Source, Ins. Page 2 of 14 Modified by Compliance Source 143p1N1: 08/00 Rev 04/08 <br />wrvw cof mpliapeesourcelcom <br />I VIII II I III VIII VIII III+I VIII VIII IIIIi lull Iilll VIII IIII II I III VIII IIIIII I ®2000, The Compliance Source, Inc. <br />8 D 9 ©0 4 s ~ O o A IIi~ III I~ I III ~i~l II I III II~II ~I~I IIII <br />