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<br />DEED OF TRUST M1N: looS674ooooao1o283
<br />DEFINITIONS
<br />Wards used in multiple sections ofthis document are defined below and other words are defined in Sections 3,11,13,18, 20
<br />and 21. Curtain rules regarding the usage of wards used in this document are also provided in Section 16.
<br />(A) "Security Instrument" means this document, which is dated Au ust 4th 2010 ,together with
<br />all Riders to this document.
<br />(lE;) "Borrower" is Scott L Fries and Andrea B Fries, husband and wife as joint tenants
<br />Borrower is the trustor under this Security Instrument.
<br />(C) "Lander" is Cit Sank & Trust Co. .Lender
<br />is a Commercial Bank organized and existing under the laws of the State of Nebraska
<br />Lender's address is 2929 Pine Lake Rgad Lincoln, NE b$516 _.~..
<br />(D) "Trustee" is
<br />(E) "MFRS" is Mortgage Electronic Registration Systems, Inc. MFRS is a separate corporation that is acting solely as a
<br />nominee far Lender and Lender's successors and assigns. MFRS is the benet!iciary under this Security ]Instrument.
<br />MFRS is organized and existing under the laws nfDelaware, and has an address and telephone number ofP.O. Box 2026,
<br />Flint, MI 48501-2026, tel. (888) 679~MERS.
<br />(F) "Note" means the promissory Hate signed by Borrower and dated Au ust 4th 2010 .The Note
<br />states that Borrower owes Lender Dne Hundred Fort Five Thousand and 00/100
<br />Dollars (U.S. $ ! 45,000.40 )plus interest. Borrower has promised
<br />to pay this debt in regular Periodic Payments and to pay the debt in full not later than September 1, ZU40 _ _.
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(In "Loan" means the debt evidenced by the Nnte, plus interest, any prepayment charges and late charges due under the
<br />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 Borrower. The following Riders are to be
<br />executed by Borrower [check box as applicable]:
<br />^ Adjustable Rate Rider ^ Condominium Rider
<br />^ Balloon Rider ^ Planned Unit Development Rider
<br />^ 1-4 Family Rider ^ Biweekly Payment Rider
<br />^ Second Home Rider
<br />^ Other(s) [specify] _
<br />(,~ "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administratwe 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 Finds Transfer" means any transfer of funds, other than a transaction originated bycheck, draft, or similar
<br />paper instrurrlent,-which is initiated tltroughan electronic terminal, telephonic-instrument, computer,-pr 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 limited to,
<br />point-oil sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated
<br />clearin house transfers.
<br />(M) "~scrvw Items" means those items that are described in Section 3.
<br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award ofdamages, or proceeds paid by any third party
<br />(other than insurance proceeds paid under the coverages described in Section S) 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 ]n lieu of condemnation; or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition o the Aroperty.
<br />(D) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Nnte, plus (ii)
<br />any amounts under Section 3 of this Security Instrument.
<br />NEBRASKA--Single Family-Fannie Mae/Freddie Mac 1JNIFQRM INSTRUMENT (MFRS) Farrn 3028 I/OI (page I of8 pages)
<br />12439.CV {11!07) 117,,10512 Creative Thinking, Inc.
<br />026$94132$ C,pTp(0003268b)
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