|
..~~.
<br />~ ~~ (~- t""'1 ~ ~ b ~ .~..' ~ Cam!]
<br />C_Tl ~111~ rrt ~~ --~ A CC7 f~
<br />I ~/ ` C17 ~ C.~1 ~
<br />war ~ C~ (!7 C J„1 f'i7
<br />-. ~ ~ Z
<br />c
<br />[Space Above This Line For Recording Uata[
<br />DEED OF TRUST MIN: 100952400025086495
<br />0
<br />DEFINITIONS
<br />Words used in multiple sections of this document are def ned below and other words are defined in Sections 3,11,13, 18, 20
<br />and 21. Certain 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 June 30th 2010 ,together with
<br />all Riders to this document.
<br />(B) "Borrower" is Mark H. Gloor and Jane E. Gloor, as husband and wife
<br />Borrower is the irustor under this Security Instrument.
<br />(C) "Lender" is Pinnacle Bank .Lender
<br />is a Cor oration organized and existing under the laws of the State of Nebraska
<br />Lender's address is 320 G Street Central City, NE 6882b
<br />(D) "Trustee" isCentral National Bank P.O. Box 268 Superior, NE 68978-0268
<br />(E) "HERS" is Mortgage Electronic Registration Systems, Inc. MFRS is a separate corporation that is acting softly as a
<br />nominee for Lender and Lender's successors and assigns. HERS is the beneficiary under this Security Instrument.
<br />MFRS is organized and existing under the laws of Delaware, and has an address and telephone number ofP.O. Box 2026,
<br />Flint, M148501-2026, tel. (888) 679-HERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated June 30th 2010 .The Note
<br />states that Borrower owes Lender One Hundred Fifteen Thousand and 00/100
<br />llollars (U.S. $ I 15,000.00 )plus interest. Borrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than Jul 1 2025
<br />(G) "Property" means the property that is described below under the heading "'l~ransfer 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 the
<br />Note, and all sums due under this Security hrstrument, plus interest.
<br />(I) "Riders" means all Riders to this Security instrument that are executed by I3nrrower. The following Riders are to be
<br />executed by Borrower [check box as applicableJ:
<br />^ Adjustable Rate Rider ^ Condominium Rider
<br />^ Balloon Rider ® Planned CJnit Development Rider
<br />^ 1-4 Family Rider ^ Biweekly Payment Rider
<br />^ Second Home Rider
<br />^ Other(s) [specify]
<br />(J) "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 />(K) "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 similar organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, ar similar
<br />paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, of magnetic tape so as
<br />to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limned to,
<br />point-of--sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated
<br />clearinghouse 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 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 the Property; (iii) conveyance m lieu of condemnation; or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(O) "Mortgage Insurance" means insurance protecting Lender against the nonpayment ot; or default on, the loan.
<br />(P) "Periodic Payment" means the regularly scheduled amount due far (i) principal and interest under the Note, plus (ii)
<br />any amounts under Section 3 of this Security Instrument.
<br />NEBRASKA-Single family-FAnnie Mae/Freddie Mac UNIMORM 1NSTRUMF.N'1' (HERS) b'orm 3028 1/Ol (page 1 of8 pages)
<br />12439.CV (i 1/07) 6898885040 Creative Thinking, Inc.
<br />GO'r0(0027562h)
<br />
|