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<br />Prepared By:
<br />Brandon Flammang
<br />Lincoln Federal Savings Bank
<br />631 West Second St.
<br />Hastings, NE 6$901
<br />(402)463-6708
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<br />DEED OF TRU ST MIN:100325800021780784
<br />DEFINITIONS
<br />Words used in multiple sections ofthis document are defined below and other words are defined in Sections 3,11,13,18, 20
<br />and 21. Certain rules regarding the usage of words used in this document are alsa provided in 5ection 16.
<br />(A) "Security Instrument" means this dacument, which is dated October 20th , 2010 , togetlierwith
<br />all Riders to this dacument.
<br />(B) "Borrower" is Robert L Meier �nd Susan J Mei er, as husband and wife
<br />Borrawer is the trustor under this Security Instrument.
<br />(C) "I..ender" is Lincoln Federal Savings Bank . Lender
<br />is a Corporat'ron organized and existing u��der the laws of the United States of America
<br />Lender's address is 631 West Second St. Hastings, NE 68901
<br />-- _ _ �
<br />(D) "Trustee" is Lincoln Federal Sav3ngs Bank 1101 N Street Lincoln, NE 68508 ��
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely as a
<br />nominee for Lender a�1d Lender's successors and assigns. M�RS ls the beneficiary under this Security Instrument.
<br />MERS is organized and existing under the laws af Delaware, and has an address and telephone number of P.O. Box 2026,
<br />Flint, MI 48501-2026, tel. (888) 679-M�RS.
<br />(�') "Note" means the promissory note signed by Borrower a��d dated October 20th 2010 , The Note
<br />states that Borrower owes Lender Sixtv Three Thousand and 0�/100
<br />---- - —_ __ _ _._
<br />Dollars (U.S. $ 63,000.00 ) plus interest. Borrower has promised
<br />to pay this debt in regular Periodic Payments a��d to pay the debt in full not later than November l, 2025
<br />(G) "Property" means the proUerty that is described below under the headii�g "Transfer of Rights in the Property."
<br />(H) "Loan" mea�ts the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the
<br />Note, and all sums due under this Security lnstrument, Ulus interest.
<br />(I) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are ta be
<br />executed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Coi�dominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Other(s) [specify] _
<br />[� 1-4 Pamily Rider ❑ Biweckly Payment Rider
<br />(d) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrat�ve rules and orders (that have the effect oflaw) as well as all applicable final, non-appealable judicial opinio��s.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other char�es that aze
<br />imposed on Borrower or the Property by a condominium association, homcowners association oe similar orgamzation.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar
<br />paper i��strument, which is initiated throuph an electronic terminal, telephonic instrument, cornputer, or ma�netic tape so as
<br />to order, instruct, or authorize a financ�al institutian to debit or credit an account. Such term includes, 6ut is not limited to,
<br />point-of-sale tra�isfers, autamated teller machine transactions, transfers initiated by telephone, wire transfers, and automated
<br />clearinghouse transfers.
<br />(M) "Escrow Items" means thpse items that are described in Sectian 3,
<br />(N) "Mlscellaneaus Proceeds" means any compensation, settlement, awazd ofdamages, orproceeds paidbyacrythird party
<br />(otl�er than insurance proceeds paid under the coverages described in Section 5) for: (i) dama�e to, or destruction of, the
<br />Property; (ii) condemnation or other taking of all or any part vf the Property• (iii) conveyance in lieu of condemnation; or
<br />(iv) misrepresentations nf, or pmissions as to, the value and/or ednditian pf the Property.
<br />(0) "Mortgage lnsuranee" means insurance prntecting Lender against the nonpayment of, or default on, thc Loan.
<br />(P) "Periodic Payment" means the ragularly scheduled amount due for (i) principal and interest under tha Note, plus (ii)
<br />any amounts under Sectian 3 ofthis Security Instrument.
<br />NF$IL4SKA--Single Family—Fannfe Mae/Freddie Mac LiNIFORM IN3TRi?MENT (MERS) Form 302& 1/Ol (page 1 of8 pagesJ
<br />12439,CV (1/08) 03-1127 Creative Thinking, lnc.
<br />GOTO(00231c47)
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