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2oioo5422
<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 St, N~-88P-LL-P, Oxnahs, N8 68154
<br />(D)'Tru5tee"is Bank of the West, a California state banking corp.
<br />(E) "1VIERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is
<br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary
<br />under this Security Instrument. MERS 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) 679-MERS.
<br />(F)'TTote" means the promissory note signed by Borrower and dated July 22, 2010
<br />The Nate states that $orrower owes Lender One Hundred Bight Thousand Five Hundred And
<br />Zero/100 Dollars
<br />([J. S. $ 108, 500.00 )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 01, 2035
<br />(G) 'Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property. "
<br />(H) 'Zion" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges
<br />due under the Nate, 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 are to be executed by Borrower [check box as applicable]:
<br />Adjustable Rate Rider ~ Condominium Rider Q Second Home Rider
<br />Balloon Rider 0 Planned Unit Development Rider 0 1-4 Family Rider
<br />Q VA Rider 0 $iweekly Payment Rider ~ Other(s) [specify]
<br />(.j) "Applicable Law" means all epntrolling applicable Federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have the e#~ect of law) as well as all applicable final,
<br />non-appealable judicial opinions.
<br />(I~ "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on $orrower 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 />ar credit an account. Such term includes, but is nol limited lo, point-of--sale transfers, automated teller
<br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />(NI) 'escrow Items" means those items that are described in Section 3.
<br />(1~ "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 />(O) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
<br />$800847755 8800847755
<br />NEBRASKA -Single Family -Fannie MaelFreddie Mac UNIFORM INSTRUMENT WITH M
<br />-BA(NE)loaioi Pege2of15 in;uais: ~ Form 3028 1101
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