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��1�Q7��� <br />(C)'Zender"is Bank of the t�Teat, a Ca�.ifornia s�ate banking corp. <br />Lender is a corporation <br />nrganized and existing under the laws of The State of California . <br />Lender's address is 135D5 Calitornia St, NE-BBP-LL-P, Omaha, NE 68154 <br />(D)'Trustee"is Sank of the Weat, a California state bank�.ag coxp. <br />(�) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is <br />acting solely as a z�ominee for I,ender and Lender's successors and assigns. MERS is the bene�tiary <br />under this Security lnstrument. MERS is oxganized and existing under the laws of Delaware, and has an <br />address and telephone number of P.O. Box 2026, Flint, MI 48501-202b, tel. (888) 679-MERS. <br />(F� "Note" means the promissory nate signed by Borrower and dated October 15, 2o1D . <br />The Note states that Borrower owes Lender pne Hundsed Fosty Thousand And Zero/100 <br />Dollars <br />(U.S. $ 140, 000. 00 ) plus interest. Borraweir has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in fu11 not later than November o1, 2040 . <br />(G) 'Troperty" means the property that is described below under the heading "TransFer of Rights in the <br />Property. " <br />(H) "Loan" means thc 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 />(I) "Riders" xr►eans 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 0 Condorniniurn Rider � 5econd Honne Rider <br />[] $alloon Rider ❑ Flanned Unit Developrnent Rider [� 1-4 Family Ridcr <br />0 VA Rider ❑ Biweekly Payment Rider ❑ Other(s) [specify] <br />(.n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ardinances and administrative rules and orders (tl�at have the effect of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(K) "Community AssoeiaHon Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that aze imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(L) "Electronic Ftinds Transfer" means any transfer of funds, other than a transaction originated by <br />check, draft, or sirnilar paper instniment, which is initiated through an electroni� 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 term 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 />(M) "Escrow Items" means those items that are described in Section 3. <br />(N) "Miscellaneous Proceeds" means any compensatian, settlement, awazd of damages, or proceeds paid <br />by any third party (othcr than insurance proceeds paid under the coverages described in Section S) for: (i) <br />damage to, or destruction of, the Property; (ii) candemnation or ather ta,king of a11 or any part of the <br />Property; (iii) conveyance in lieu of candemnation; or (iv) misrepresentations of, or omissians as to, the <br />value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance pratecting Lender against the nonpayment of, or default on, <br />the Loan. <br />8800885775 8800885775 <br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mae 11NIFORM INSTRUMENT WITH M <br />�-6A(NE) �oeio� Page2 of 15 m�tiaie� Form 3028 1/01 <br />� <br />fI� <br />