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201001934
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<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(H) "loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under
<br />the Note, and all sums due under this Security Instrumen#, plus interest.
<br />(I) "Rldwra" means all Riders to this Security instrument that are executed by Harrower. The following Riders are to be
<br />executed by Borrower [check box arable):
<br />i. a 1 Ad]ustable Rate Rider C Condominium Rider ~ i Second Home Rider
<br />I Balloon Rider ~~ Planned Unit Development Rider i1 Other(s) [specify]
<br />I._-~ 1 ~ Family Rider 1 I Biweekly Payment Rider
<br />L ,._] V.A. Rider
<br />{J) "Appllcabla Laub' means all cantrolYng applicable federal, state and local s~tutes, regulations, ordinances and
<br />administrative n~ie~s and orders (that have the eRect of law) as well as al appicable final, non-appealable judicial opinions.
<br />{It7 "Community Aseoclatlon Dues, Feee, and Aawsernerris" means all dues, fees, assessments and other charges
<br />that are imposed an Horrawer or the Property by a condominium association, homeowners association or similar
<br />organization.
<br />(L) "Electronic Funds Tranafar" means any transfer of funds, other than a transaction originated by check. drag, nr
<br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic
<br />tape so as to order, instruct, or authorize a fmanclal institutlcm to debit ar credR art account. Such term includes, but is
<br />nnf iirrtited to, point-of-sate transfers, automated 6eNer machine transactions, #ransfers initiated by telephone, wire
<br />transfers, and automated clearinghouse transfers.
<br />(M}"Escrow items° means those items that are described in Section 3.
<br />(N} "Miscwllaneoua Procwads" means any compensation, settlement, award of damages, or proceeds paid by any
<br />third party (other than insurance Qraceeds paid under ibe coverages dws<xibed in Section 5) for: (i) damage ta, ar
<br />destruction of, the Property; (ii) condemnation or other taking of all ar any part of the Property; (iii) conveyance in lieu
<br />of condemnation; or (iv) misrepresentations af, ar omissions as to, the value and/or cnrlditinn of the property,
<br />(Q) "lA~ga~ge Irtsurancw" means insurance protecting tender against the nonpayment af, or defauR an, the loan.
<br />~ "PwrGadFc PaymerrT' means the regularly scheduled amount due for (i) principal and interest under the Note, plus
<br />(ii) any amounts under Section 3 of this Security Instrument.
<br />(~) "SPA" means itre Real Estate Seittement Procedures Act (t2 U.S.C. §280t et seq.) and its impiemerrting
<br />regulation, Regulation X (2k C.F.R. Part 35P1]), as they might be amended from time to time, or any additional or
<br />successor legislation or regulation that governs the same subject matter. As used in this Security instrument, "RESPA"
<br />refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage Ioan" even N the
<br />Loan does not qualify as a "federally related mortgage kart" under RESPA,
<br />(F~ "$ucceaaor In interwat of Barrowwr"means any party that has taken title to the Property, whether or not that party
<br />has assumed Hnrrawer's obligations under the Note and/or this Security instrument
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />The benefic~ry of this Security Instrument is MFRS (solely as nominee for Lender and Lender's successors and assigns)
<br />and the sucx:essors and assigns of MERS. This Security Instrument secures to bender: (~ the repayment of the Doan, and
<br />all renewals, extensions and modllfcations of the Nate; and (ii) the perfomtautce of Borrower's covenants and agreements
<br />under this Security ktstrument and the Nate. For this purpose, Borrower irrevocabty grants and conveys to Trustee, intrust,
<br />with power of sale, the fdkxnring described property located in the coulwry
<br />lrY~ ~ necording Juriedictiwr] of ttAt.L IN~mo w gocoreing Jurlsdlc~don]
<br />x,&G11L t)t1$CRIPTI011 1#TTACNBp BBEt>STO Alit] MAttR A PART NBREOi?
<br />APlr Il t 400050631
<br />which currently has the address of 2907 a 4TR ter, GRAIrD xsl.neln,
<br />Nebraska 688113-~&ls3 ("i'roperty Address"):
<br />(ziP coax]
<br />(9troa1l lCitY1
<br />TOGETHER WITH all the )mprovements newer hereaftererected an the property, and all easements, appurtenances,
<br />and fixtures now ar hereafter a part of the property. All replacements and additions shah also be covered by this Security
<br />Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and
<br />agrees that MERS holds only legal t81e to the interests granted by Borrower in this Security Instrument, but, iF necessary
<br />to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to
<br />exercise any or all of those interests, including, but not limited to, the right to farecWse and sell the Property; and to take
<br />any actron required of Lender including, but not Nmited to, releasing and canceling this Security Instrument
<br />BORROWER COVENANTS that Borrower is IawtuHy seised of the estate hereby conveyed and has the right to grant
<br />and convey the Property and that the Property is unencumbered, exceptfor encumbrances of record. Horrowerwarrants
<br />and wiildefend generally the lifts Rothe Properly against ail claims and demands, subjectto any encumbrances of record.
<br />NEBRASKA-single FemNy-F~nnlo M~a/Fnddp Noe UNIFORM MISTRUMENT Form AatO T/pt xnitisls: ~•-
<br />® 199e-2007 Online Docurrrenta, inc. Page 2 of 9 EEDEEP 0745
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