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<br />451014387
<br />debt in full not later than NovEa�sER 1, 2040.
<br />(G) "Property" means thc property that is described below under the heading "Transfer of Rights in the Property."
<br />(H) "Loan" means the debC evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note,
<br />and all sums due under this Security Instrument, plus interest.
<br />(I) "Riders" means all Riders to this Security Instrument that are execuCed by Borrower. The following Riders are to be
<br />cxecuted by �orrower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Biweekly Payment Rider
<br />❑ 1-4 Family Rider ❑ Other(s) [specify]
<br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules and orders (that have the effect of law) as well as all applicable �nal, non-appealable judicial opinions.
<br />(K) "Community A,ssociation Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are
<br />impased on Borrawer or the Pxoperty by a condominium assaciation, homeowners association or similar organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar
<br />paper instrument, which is initiated through an eleccronic terminal, telephanic instrumenc, computer, or magnetic tape so as to
<br />order, instruct, or authorize a financial institution to debit ar credit an account. Such term includes, but is not limited to, point-
<br />of-sale transfers, automated taller machine transactions, transfers initiated by telephone, wire transfers, and automated
<br />clearinghouse transfers.
<br />(M) "Escrow Items" means those items that are described in Section 3.
<br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award af damages, or proceeds paid by any third party
<br />(other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the
<br />Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condernnation; or (iv)
<br />misrepresentations of, or omissions as to, the value and/or conditian of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />(P) "Periodfc Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any
<br />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 rcgulation,
<br />Re�ulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or
<br />regulation that governs the sarne subject matter. As used in this Security Inscrument, "RESPA" refers to all requirernents and
<br />restrictions that are imposed in regard to a"federally related mortgage loan" even if the Loan does nat qualify as a"federally
<br />relaced mortgage loan" undcr RESPA.
<br />(R) "Successor in Interest of Borrower" means any party that has taken title ta the Property, whether or not that party has
<br />assurned Borrower's nbligations under the Note and/or this Security Instrument.
<br />TRANSFER OF RTGHTS IN THE PROPERTY
<br />The bene�ciary of this 5ecurity Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and
<br />the successors and assi�;ns of MERS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and all
<br />renewals, extensions and modi�cations of the Note; and (ii) the performance of Borrower's covenants and agrcexnents under
<br />this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in Crust, with
<br />power of sale, the following described property located in the COUNTY (Type of Recording Jurisdiction) of HALL (Name of
<br />Recording 7urisdiction)
<br />LpT TWENTY-NINE (29) SOFFMAN SECOND SUBDIVISYON, AN ADDIT"ION Tp THE VILLAGE QF
<br />DONTPHAN, T3ALL COUNTY, NESRASSA.
<br />which currently has the address of 311 E PLUM sT, noN2PHAN, Nr 6se32 ("Property Address").
<br />TOGETHER WITH all the improvements now or hereafter erecCed on the property, and all easements, appurtenances,
<br />and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security
<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />I�r+ 338.2 Page 2 of 12 Form 3028 1/Ol
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