|
201UU454?
<br />(C)"Lender"is Bank of the West, a California state banking corp.
<br />Lender is a corporation
<br />organized and existing under the laws of The State of California .
<br />Lender's address is 13505 California 8t, NE-BBP-LL-P, Omaha, NE 68154
<br />(D)'Trustee"is Bank of the West, a California state banking corp.
<br />(E) "HERS" is Mortgage Electronic Registration Systems, Inc. HERS is a separate corporation .that is
<br />acting solely as a nominee for Lender and Lender's successors and assigns. HERS is the beneficiary
<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. (888) 6'79-MFRS.
<br />(F) "Nate" means the promissory note signed by Borrower and dated June 25, 2010 .
<br />The Npte states that Borrower owes Lender One hundred Sixty Eight Thousand And
<br />zero/loo Dollars
<br />(U. S. $ 168, 000.00 )plus interest. Borrower has promised to pay this debt in regulaz Periodic
<br />Payments and to pay the debt in full not later than July ol, 2025
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(I~ "Loan" means the debt evidenced by the Note, plus interest, any prepayment chazges and late chazges
<br />due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(n "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following
<br />Riders aze to be executed by Borrower [check box as applicable]:
<br />Adjustable Rate Rider 0 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 />(,n "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 />(I~ "Commupity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />chazges that are imposed on Borrower or the Property by a condominium association, homeowners
<br />association or similar organization.
<br />(L) "Electronic Funds 'T'ransfer" means any transfer of funds, other than a transaction originated by
<br />check, draft, or similar paper instrument, which is initiated thrqugh an electronic terminal, telephonic
<br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution tq debit
<br />or credit an accqunt. 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 cleazinghouse
<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) cgnveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the
<br />value and/or condition of the Property.
<br />(O) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of or default on,
<br />the Lgan.
<br />8800835550 8800835550
<br />NEBRASKA -Single Family -Fannie Mae/Freddis Mac UNIFORM INSTRUMENT WITH ME S
<br />-6A(NE) (oaipl Page 2 of 15 inniais: Form 3028 1101
<br />
|