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201006053 <br />(C) "Lender" is Sank of the West, a California state banking carp. <br />Lender is a aoxparatian <br />argaruized and existing under the laws of Tike state of Califax~ia <br />Lender's address i5 13505 Calii:dru.i.a St, NE-BBP-LL-P, f7naaha, N~ 68154 <br />(D) "Trusteeā€ž is Hank of the West, a California state backing carp. <br />{~ "MER5" is Mortgage Electronic Registration Systems, Inc. MFRS is a separate corporation that is <br />acting solely as a nominee for Lender and Lender's successors and assigns. MERE is the beneEldaty <br />under this Security Ins*~+~+m~t. MFRS is arganixed and existing under the laws of Delaware, and has an <br />address and telephone number afP.Q. Box 2Q2fi, l+lint, I~ 98501-2D26. tel. (888) G79-HERS. <br />{F) "Note" means the promissory note signed by $orrnwer and dated August 19, 2010 <br />'l'he Nate states that $orrawer awes Lender One Ii~undred Thirteen. Thousand Five Hundred <br />Axrd zero/loo Dollars <br />(U.S. $ 113, 500. oo }plus interest. $orrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than Septelaber Ol, 20a5 <br />{G} 'Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property. " <br />{H) "Caen" means the debt evidenced by the Nate, plus interest, any prepayment charges and late charges <br />due under the Nate, and alI sums due under this Security Instrument, plus interest. <br />(n "Riders" means atl Riders to this Security Instrument that are executed by Harrower. The following <br />Riders are to be executed by Borrower [check box as applicablej: <br />[] Adjustable Rate Rider ~ Gandaminium Rider Second Name Rider <br />0 Balloon Rider 0 Planned Unit Development Rider 1-4 Family Rider <br />Q VA Rider 0 Biweekly Payment Rider Other(s) [specify) <br />(,~ "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that }rave the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(IC) "Community Association Dues, Pees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower ar the Property by a condominium association. homeowners <br />association or similar organization. <br />(L) '~ieciraruc p'unds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, ar similar paper ixistrument, which is initiated through an electronic terminal, telephonic <br />instrumettt, computer, ar magnetic [ape so as to order, instruct, or authorize a i`inancial institution to debit <br />or credit an acxaunt. Such term includes, but is not limited to, paint-af-sate transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfexs, and automated clearinghouse <br />transfers. <br />~ "Est~mw Items" means those items thai are described in Section 3. <br />{11l) "Mis~lianeaus Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by arty third party (other than insurance proceeds paid under the coverages described in Section 5) for: {i) <br />damage ta, or destrurxion of, the Property; {ii) condemnation or other raking of aiI or any part of the <br />Property; {iii) conveyance in Iieu of condemnation; ar {iv) misrepresentations af, or omissions as to, the <br />value andlor condition of the Property, <br />{O) "A~rtgage insurance" means insurance protecting Lender against the nonpayment of, or default an, <br />the Lean. <br />8800859219 8800859219 <br />NEBRASKA -Single Family -Fannie MaslFrsddls Mac UNIFORM INSTRUMENT WIT <br />~~A(NE] toaio) N.ysa of is imnai Form SOIB 1lQ1 <br />