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201004011 2d!,/~,.~7~ <br />~~v~r <br />(C) "Lender" is Union Bank and Trust Company <br />Lcndcr 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 Bank 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 sua:cssors and assigns. HERS is the benefACiary <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. ($$$) 679-HERS. <br />(F) "Note" means the promissory note signed by Borrower and dated ,Tune 04, 2010 <br />The Note states that Borrower owes Lender THIRTY TWO THOUSAND AND 00/100 <br />Dollars <br />(U.S. $ 32 , 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 .7uly 1, 2040 <br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property. " <br />(H) "Loau" 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 />(I) "Riders" means all Riders to this Security Instrument that are executed by Harrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider ~ Condominium Rider 0 Second Horne Rider <br />0 Balloon Rider ~ Planned Unit Development Rider ®l-4 Family Rider <br />0 VA Rider 0 Biweekly Payment Rider ~ Other(s) [specify] <br />(J) "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 />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that arc 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 financial 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 />(M) "Escrow Items" means those items that are described in Section 3. <br />(N) "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 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 />(U) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />10-03-000257 <br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUM MER <br />-6A(N E) dos r o) Page a or r s iai Form 3028 1 /01 <br />m <br />