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200907000
<br />(C) "Lender" is Union Bank and Trust Company
<br />Lender is a Commercial Bank
<br />organized and existing under the laws of Nebraska
<br />Lender's address is 4243 Pioneer Woods Drive Lincoln NE 68506-
<br />(D)'Trustee"is Union Sank and Trust Company
<br />(E) "HERS" is Mortgage Electronic Registration Systems, Inc. MFRS is a separate corporation that is
<br />acting solely as a nominee for Lender and Lender's successors and assigns. MFRS is the beneficiary
<br />under this Security Instrument. HERS is organized and existing under the laws of Delaware, and has an
<br />address and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-HERS.
<br />(F) 'Note" means the promissory note signed by Borrower and dated Auqust 20 , 2009
<br />The Note states that Harrower owes Lender ONE HUNDRED FORTY SEVEN THOUSAND AND
<br />00/100 Dollars
<br />(U.S. $ 147, 000.00 )plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than September 1, 2039
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(fI) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges
<br />due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(1) 'Riders" means all Riders to this Security Instrument that are executed by Borrower. 'The following
<br />Riders are to be executed by Horrower [check box as applicable]:
<br />Adjustable Rate Rider ^ Condominium Rider ~ Second Home Rider
<br />Halloon Rider ~ Planned Unit Development Rider ~ 1-4 Family Rider
<br />VA Rider [] Biweekly Payment Rider ~ Other(s) [specify)
<br />(~ "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 />(I~ "Community Association Dues, 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
<br />association or similar organization.
<br />(L) '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 fmancial 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 />(NI) "Escrow Items" means those items that are described in Section 3.
<br />(l~ "1VIiscellaneous 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 />(O) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
<br />09-07--000057
<br />NEBRASKA -Single Family - Fannle Mae/Freddie Mac UNIFORM IN8TRUMENT WI~ S
<br />-6AlNE-laa~o~ Page2oT15 i,,;t;ais: Form 3028 1101
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