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<br />(C) "Lender"is Ally B~tixk CDrp. f/k/a C-1~C Hank
<br />Lender is a Bank ~±*`~~*'e~
<br />organized and existing under the laws of iJtah .
<br />Lender's address is 1100 Vi ~nia Drive, T~b~t W~LRli*+~~ , PPA 19034
<br />(D) "Trustee"is F]xSt 14¢tr6:7Cit7iAti T1tle,
<br />() "MFRS" 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. MFRS is the benerciary
<br />under this Security Instrument. MFRS is organized and existing under the laws of Delaware, and has an
<br />address and telephone number of P.O. Bax 2026, Flint, MI 48501-2026, tel. (888) 679-MFRS.
<br />(F) "Note"means the promissory note signed by Borrower and dated 08/1.6/2010 _
<br />The Note states that Borrower owes Lender G>t'1e 1:~'1d.1~ Fifty E'ive ThoRyShcld Five
<br />Ht3ldr~ed Dollars
<br />(U.S. $ 155,500.00 )plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than Se~at~nbe>r 1, 2025
<br />(G) "Property"means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(H) "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 />(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 ^ Second Hame Rider
<br />Balloon Rider ^ Planned Unit Development Rider Q 1-4 Family Rider
<br />0 VA Rider Q 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 have the effect of law) as well as all applicable final,
<br />non-appealable judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Property by a condominium association, hotneawners
<br />association ar 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 sa as to order, instruct, or authorize a financial institution to debit
<br />or credit an account. Such term includes, but is not limited to, point-of--sale transfers, autatnated teller
<br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<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, ar 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 />106A1~ 000687593915 August 13, 2010
<br />NEBRASKA- Single Family -FannieMae/Freddie Mac UNIFORM INSTRUMENT WITH~-M+~RS
<br />-6A(NE) (asao) Pape 2 of 15 Initials: G ~.-W~ Fprm 3028 1/01
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