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200906819
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Last modified
8/18/2009 3:14:27 PM
Creation date
8/18/2009 3:14:25 PM
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DEEDS
Inst Number
200906819
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<br />200906819 <br />(C) "Lender" is Navy Federal Credit Union <br />Lenderisa Corporation <br />organized and existing under the laws of the U . S . Govt (12 U S G 17 51) <br />Lender's address is 820 Fol l i n Lane , Vienna , VA 22180 <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee"is Navy Federal Credit Union <br />(E) "Note" means the promissory note signed by Borrower and dated A u g u S t 14 , 2 0 0 9 <br />The Nate states that Borrower owes Lender Seventy Six Thousand Five Hundred Ten And <br />Zero / 10 0 Dollars <br />(U.S. $ 76 , 510.00 )plus interest. Borrower has promised tv pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than September 01, 2 0 3 9 <br />(F') "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property. " <br />(G) "Loan" means the debt evidenced by the Nate, plus interest, any prepayment charges and late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(Iin "Riders" means all Riders to this Security Instrument that are executed by Borrower. The fallowing <br />Riders are to be executed by Borrower [check box as applicable]: <br />Adjustable Rate Rider [~ Condpminium Rider 0 Second Home Rider <br />Balloon Rider ~] Planned Unit Development Rider [] 1-4 Family Rider <br />® VA Rider ~] Biweekly Payment Rider 0 Other(s) [specify] <br />W "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-appealable judicial opinions. <br />(,n "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower nr the Property by a condominium association, homeowners <br />association or similar organization. <br />(1~ "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />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 teller <br />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 />(1Vn "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condition of the Property. <br />~ "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />8017133557 <br />NEBRASKA - Single Family -Fannie Mae/Freddle Mac UNIFORM INSTRUMENT <br />-BINE) (0811) Page 2 of 1S Initials: <br />j~ 8017133557 <br />-5 ~ ~ Form 8028 1 /01 <br />~~ ~ ~ <br />
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