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201005076
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201005076
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Last modified
1/11/2011 2:27:32 PM
Creation date
7/22/2010 2:27:56 PM
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DEEDS
Inst Number
201005076
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201005076 <br />(C) "Lender" is Great Western Sank <br />Lender is a Commercial. Sank <br />organized and existing under the laws of THE STATE OE SOUTH AAKOT'A <br />I,cndcr's address is 1.235 N STREET LINCOLN NE 68508- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Great Western Hank <br />(E) "Note" means the promissory note signed by Borrower and dated July 16, 2010 <br />The Note states that Borrower owes Lender ONE HUNDRED FIE'TELN THOUSAND AND 00/100 <br />Dollars <br />(U,S. $ 115, 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 August 1, 2030 <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" 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 />(A) "Riders" means all Riders to this Security Instrument that arc executed by Horrower. The following <br />Riders are to be executed by Hc>rrowcr (check box as applicableJ: <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 ^ Uther(s) ~specifyJ <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 Harrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) "Electronic Fonds 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 terra 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 />(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 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 andlor condition. of the Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the hoan. <br />~~~/ 0110303252 <br />Inltlals: ~( <br />-6(NE) (oao~>.oz Pie 2 of 15 Form 3p28 ill)1 <br />
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