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200908793 <br />(J) "Community Association Dues, Fees, and Asssssrnents" means al! dues, fees, assessments and other <br />charges that are imposed an Bon-owerorthe Property by a condominium association, homeownersassaciation <br />or similar organization. <br />(K} "Electronic Funds Transf®r" means any transfer of funds, otherthan a transaction originated by check, <br />draft, yr similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, <br />computer, or magnetic tape so as to order, instruct, or authorize a financial institution tv debit ar credit an <br />account. Such terra includes, but is not limited to, paint-of-sale transfers, automated teller machine <br />transactions, transfers initiated by telephone, wire transfers, and automated 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, ar proceeds paid <br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i} <br />damage to, ar destruction of, the Property; [ii) condemnation or nthertaking of all ar any part of the Property; <br />(iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or <br />condition of the Property. <br />{N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the <br />Loan. <br />(O) "Periodic Payment" means the regularly scheduled amount due far (i) principal and interest underthe <br />No#e, plus {ii) any 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 <br />implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or <br />any additional or successor legislation or regulation #hat governs the same subject matter. As used in this <br />Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a <br />"federal ly related mortgage loan" even if the Loan does not gUa[ify as a "federally related mortgage roan" under <br />RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not <br />that party has assumed Borrower's obligations underthe Note and/orthis Security Instrument. <br />TRANSFER OF RIGHTS IN THE PROPERTY <br />This Security Instrument secures to Lender: (i}the repayment of the Loan, and all renewals, extensions and <br />modifications of the Note; and (li)the performance of Borrowers covenants and agreements underthis Security <br />instrument and the Note. Far this purpose, Borrower irrevocably grants and conveys to Trustee, In #rust, with <br />power of safe, the following described property boated in the: <br />Coun °f , NB <br />(Type of Recording Jurisdiction] (Name of Recording Jurisdiction) <br />Lot Twenty Two (22), Indianhead Seventh Subdivision, in the City of Grand island, Hall County, <br />Nebraska. <br />which currently has the address of <br />Grand Island ,Nebraska <br />[~~vl <br />3184 Bison Ct <br />[street] <br />Bt38~3 <br />(dip Code] <br />TDGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now ar hereafter a part of the property. All replacements and additions shall also <br />NE6RASiCA-Sing19 FsAmily--Fannie MaalFraddie Mac uNIFOitM INSTRUMENT (page 2 of 12) <br />Nebreska Dead oT Trust 3028 <br />~eW aorat~t <br />