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201007657
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Last modified
10/18/2010 4:08:05 PM
Creation date
10/18/2010 4:08:04 PM
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DEEDS
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201007657
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2oloo7s5; <br />(C) "Lender" is Great Wes�ern Bank <br />Lender is a Commercial Sank <br />organized and existing under the laws of THE STATE oF soUTH DAKOTA <br />Lender's address is 1235 N STREET I.zNCOLN NE 68508-- <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is Great West�rri Bank <br />(E) "Note" means the promissary note signed by Borrower and dated October 08, 2010 . <br />The Note states that Borrower vwes Lender ONE HtJNDRED THIRTY ONE THOUSANA ONE <br />HUNARED AND 00/100 Dollars <br />(U.S. $ 137.,100. 00 ) plus interest. Borrower has promised to pay this debt in regular Periadic <br />Payments and to pay the debt in full nnt later than November 1, 2030 . <br />(k� "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property. " <br />(G) "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 Instrurnent, plus interest. <br />(I� "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 />C] Adjustable Rate Rider 0 Condaminium Rider 0 Second Home Rider <br />❑ Balloon Rider � Planned Unit Developrnent Rider ❑ 1-4 Family Rider <br />❑ VA Rider 0 Biweekly Payrnent Rider � Other(s) [specify] <br />(I) "Applicable Law" means all controlling applicable federal, state and locat statutes, regulations, <br />ordinances and administrative rules and orders (thaC have the effect of law) as well as all applicable �nal, <br />non-appealable judicial opinions. <br />(J) "Community Association Dues, Fces, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominiurn association, homeowners <br />association or similar organization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transactian originated by <br />check, draft, or similar paper instrument, which is initiated through an electranic terminal, telephonic <br />instrument, computer, or magnetic tape so as to arder, instruct, or authorize a financial institution to debit <br />or credit an account. Such term includes, but is nat limited to, point-of-sale transfers, autornated teller <br />machine transactions, transfers initiated by tslephone, wire transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneaus 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 Sectian 5) for: (i) <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part af the <br />Property; (iii) conveyance in lieu of condernnation; or (iv) misrepresentations af, or omissians as ta, the <br />value and/or condition of the Property. <br />(I� "Mortgage Insurance" means insurance protecting L,ender againsC the nonpayment of, or default on, <br />the Loan. <br />�-6�NE) 1oao�1.o2 <br />� <br />Page 2 of 1 5 <br />�� s: �� <br />� J <br />rvl <br />C�F���I�I�7��Y�ZI <br />Form 30Z8 1I01 <br />
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