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RE-RECORD�D 2 0i p�'� 412
<br />2oa.00�ss�.
<br />�(J) "Applicable Law" zneans all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />adrninistrative rules and orders (that have the effect of law) as we11 as all applicable final, non-appealable judicial
<br />opinions.
<br />(K) "Commimity Assaciation Dues, Fees, and Assessments" means all dues, fees, assessments and other charges
<br />that are irnposed on Borrower or the Property by a condorniniurn association, homeowners association or similar
<br />organization.
<br />(L) "Electrnnic Funds Transfer" rneans any transfer of funds, other than a transaction originated by check, draft,
<br />or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or
<br />magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term
<br />includes, but is not limited to, point-of-sale transfers, autamated teller machine transactions, transfers initiated by
<br />telephone, wir� transfers, and automated clearinghouse transfers.
<br />(M) "Escrow Items" means those iterns that are described in Section 3.
<br />(1� "Miscellaneous I'roceeds" means any compensation, settlement, award of damages, or proceeds paid by any
<br />third party (other than insurance proceeds paid under the coverages d�scribed in Section 5) for: (i) damage to, or
<br />destruction of, the Property; (ii) condemnation or other taking of all or any part af the Property; (iii) conveyance in
<br />lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the l,oan.
<br />(P) "Periodic Payment" means the regularly scheduled amount due far (i) principal and interest under the Note,
<br />plus (ii) any amounts under Section 3 of this Security Instrument.
<br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing
<br />regulation, Regulation X(24 C.F.R. Part 3500), as they might be arnended from time to time, or any additional or
<br />successor legislation or regulation that governs the same subject matter. As used in this Security Instrument,
<br />"RESPA" refers to all requirements and restrictions that are impos�d in regard to a"federally related mortgage loan"
<br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA.
<br />(R) "Successor in Interest of Borrower" means any party that has taken titl� to the Property, whether oz' not that
<br />party has assumed Borrower's obligations under the Note and/or this Security Instrument.
<br />TRANSFER �F RIGHTS IN THE PROPERTY
<br />The beneficiary af this Security Instrument is MERS (solely as norninee for Lender and Lender's successors and
<br />assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of
<br />the I.oan, and all ren�wals, extensions and modifications of the Nate; and (ii) the performance of Borrower's
<br />covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants
<br />and conveys to Trustee, in trust, with power of sa1e, the following described property located in the
<br />COUNTY of HALL •
<br />�'I'ype of Recording Jutisdiction]
<br />[Name of Recording 7urisdiction]
<br />LrO�T TT�RTY 'I4V0 (32) , AMTCK ACS�S HALL CDL]NTY , NE6R�KA
<br />A.P.N.: 400349000� �AST
<br />which currently has the address of
<br />DONTPHAN
<br />[City]
<br />32 L�LL�AN LANE
<br />[Street�
<br />, Nebraska 6 8 8 3 2 ("Prope:rty Address"):
<br />[Zip Code]
<br />TOGETHER WITH all the improvemenCs now or hereafter erected on the property, and all easements,
<br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />covered by this Security Instrument. All of the foregoing is referred to in this Security lnstrument as the "Property. "
<br />Borrawer understands and agrees that M�RS holds only legal title to the interests granted by Borrower in this Security
<br />Instrument, but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successoxs
<br />and assigns) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose
<br />and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling
<br />this Security Instrument.
<br />BQRROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />to grant and canvey the Property and that the Property is unencumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Paroperty against all claims and demands, subject to any
<br />encurnbrances of record.
<br />NEBRASKA--Single �amily--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT - MERS
<br />Form 3028 1/01 Page 2 of 1 1
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