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<br />-- --.
<br />DEED OF TRUST
<br />
<br />llEFINITIONS ~
<br /> ~
<br />Words used in multiple sections of this document are defined below and other words are defined iu Sections 3, 11, 13, 18, 20
<br />and 21. ('ertain rules regarding the usage of words used in this document are also provided in Section 16.
<br />(A) "Security Instrument" means this document, which is dated ........ ...... ..... ? Q 1 fi: X009 • • • • • • ..... ............ ,together
<br />with all Riders to this doeurnent.
<br />($) "Borrower" is .gRIAN•J;ASCHE,.A•SINGLE•PERSON .............................................. ................. .......... ........... .............
<br />................................................................
<br />Borrower is the trustor under this Security instrument.
<br />(C) "Lender" is CITIZENS• NATIONAL BANK , , • , • • • • • • • • • • • • •
<br />L,etzder is a .GQR?QRATIgN .......................••„•,••••••••••••••••••••••••••••••,............................... organized and existing under
<br />the laws of .TN.E UNl7~p,$T•gTES OF A•ylkhll;A • • • • • , , • , , • , • • • • • • • • • , • • , • • , , , , , , ,Lender's address is . P.4 64X,10,.1 1,N,C~H~STNUT ST, SPALDING, • ,
<br /> •
<br />NE, 68g4~ ............................................................................................................................................... .
<br />Lender is the beneficiary under this Security lnstrumeut.
<br />(D) "Trustee" is CITIZENS,NATIONALBANK 121NCHESTNUT•STREET,SPALDING,,NE,68665••••••••,,,,,,,,,,,,,,•„••,..•„••••.•.••••••••••••••••••• •
<br />...........................
<br />(E) "Note" means the promissory note signed by Borrower atzd dated .1.4.1 B•2009• • • , , • , • , , , , , , , , , • , , , , , , • . . . . . . . . . . . . . . . .............The
<br />Note states that Borrower owes Lender FIFTY,FIVE.THpl1SAN0.NINE.N.6Np.REp.TYVEI~TYFIU.EANq.NQll.qq .............................................
<br />••..•••••......• .................................. T)ollars (U .S. $ 551925.00••••••.••. •.•........•••) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than .....................1A•16-2g1q.....,...............
<br />........................................................................................................................................................ .
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights izt the Property. "
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note,
<br />and all sums due under this Security Instrument, plus interest.
<br />(A) "Riders" tneaus all hiders to this Security Instrument that arc executed by Borrower. The following Riders are to he
<br />executed by Borrower [check box as applicable]:
<br />^ Adjustable Rate Rider ^ Condominium Rider ^ Second ITotne Rider
<br />® Balloon Rider ^ Plauued Unit f)evclopttaent Rider ^ Other(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
<br />administrative 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 suzzilar 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 iuit.iated through au electronic tennittal, telephonic instrument, computer, or magnetic tape so as to
<br />order, instruct, or authorize a financial institution to debit or credit au 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 automated
<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 to, or destruction of, the
<br />Property; (ii) condemnation or other taking of all or any part of tltc Property; (iii) conveyance in lieu of condemnation; or (iv)
<br />misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(N) "Moi~t.gage Insurance" ztteatts insurance protecting I.,ender against the nonpayrttent of, or default nn, the Loan.
<br />(O) "Periodic Payment" ztaeaus the regularly scheduled amount due for (i) principal and interest under the Notc, plus (ii) any
<br />artzounts under Section 3 of this Security Instrument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (l2 iJ.S.C. §2601 et seq.) and its implementing regulation,
<br />Regulatio-.t X (24 C.F.R. Part 35(X)), as they might be amended from tune to tune, or any additional or successor legislation or
<br />regulation that governs the same subject zrtatter. As used in this Security Instrument, "I~F;SPA" refers to all requirements and
<br />restrictions that are imposed iu regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally
<br />related mortgage loan" under RIJSPA.
<br />(Q) "Successor in Interest of Borrower" menus any party that has taken title to the Property, whether or not that. party has
<br />assumed Borrower's obligations under the Note and/or this Security Instruzncnt.
<br />NEBRASKA---Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />Bankers Systems, Inc., St. Cloud, MN Farm MD-1-NE 8/17!2000 i
<br />reF: 1 /2001 (page I of 7 pages')
<br />uiiiui~ii~i
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