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200909265
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Last modified
11/23/2009 4:21:56 PM
Creation date
11/23/2009 4:21:55 PM
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DEEDS
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200909265
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2oosos2s5 <br />(C) "Lender" is TierOne Bank <br />Lender is a Savings Bank <br />organized and existing under the laws of UNITED SxATES OF AMERICA <br />Lender's address is 1235 N STREET T.INCOLN NE 68508- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trusts@" is TierOne Bank, <br />(E) "Note" means the promissory note signed by Borrower and dated November 17, 2009 . <br />The Note states that Borrower owes Lender ONE HUNDRED EIGHTY THItE1fa THOUSAND SIX <br />HUNDRED SIXTY FIVE AND 00/100 Dollars <br />(U.S, $ 183, 665.00 )plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than Deeamb®r ]., 2024 <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) 'loan" menus 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 />(H) "12ulers" 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 [] Second Home Rider <br />[] Balloon Rider ®Planned Unit Development Rider ~ 1-4 Family Rider <br />[~ VA Rider ~ Biweekly Payment Rider ~ Other(s) [specify) <br />(1) "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 />(J) "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 />(1C) "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 />ar credit an account. Such term includes, but is not limited ta, 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 />(M) "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 ar 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 />(N) "Mortgage Insurance" means insurance protecting Under against the nonpayment of, or default on, <br />the Loan, <br />~ ~ 0110299527 <br />tisig: ~ ,. -~...., <br />-6(NE) ~oao~).oz P~e2 of 15 ~ ~ ~ Fnrm 3028 1/01 <br />
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