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<br />the debt in full not later than NOVEMBER l, 2030.
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Praperty."
<br />(H) "Loan" �neans the debt evidenced by the Nate, plus interest, any prepayment charges and late charges due under the Note,
<br />and all sums due under this Sccurity Instrument, plus interest.
<br />(i) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders axe to be
<br />executed by Borrawer [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Ridcr ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Biweekly Payment Rider
<br />❑ ] -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 applicahle final, non-appealable judicial opinions.
<br />(K) "Community Assaciation Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that arc
<br />imposed on Borrower or the Property by a condominium association, homeawners association or similar organization.
<br />(L) "Electronie 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 electronic terminal, telephonic instrument, computer, or magnetic tape so as to
<br />order, instruct, or authorize a financial institution to debit or credit an account. Such term inoludes, but is nvt limited to, point-
<br />of-sale transfers, automated teller machine transactions, transfecs 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, settlernent, award of damages, or proceeds paid by any third paRy
<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 condemnation; or (iv)
<br />misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender a�ainst the nonpayment of, or default on, the Loan.
<br />(P) "Per3odic Payment" means the regularly scheduled amount due for (i) principal and intecest under the Note, plus (ii) any
<br />amounts under Section 3 of this Security Tnstrument.
<br />(Q) "RESPA" means the Real EstaCe Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing rcgulation,
<br />Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, ox any additional or successor legislation or
<br />regulatian that governs the same subject matter. As used in this Security InsCrument, "RESPA" refers to all requirements and
<br />restrictions that are imposed in regazd to a"federally related mortgage loan" even if the Loan does not qualify as a"federally
<br />related mortgage loan" under RESPA.
<br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has
<br />assumed Borrower's obligations under the Note and/or this Security Instrument.
<br />TRANSFER OF RIGHTS IN THE PROFERTY
<br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and
<br />the successors and assigns of MERS. This Security Inscrument secures to Lender: (i) thc repayment of the Loan, and all
<br />renewals, extensions and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under
<br />this Security Tnstrument and the Nate. Por this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with
<br />power of sale, the fallowing described property located in the CovNTY (Type of Recording Jurisdiction) of HALL (Name of
<br />Recording Jurisdiction)
<br />LOT FIVE (5) , IN BLOCIt 58VENTY-SBVEUT (77) IN WHEELER AND BLNNET�" S THIRD ADDITZOI�T T'O
<br />THE CITY OF GR,AND I3LAND, HA�,L COVNTY, NEBRA,SICA.
<br />which currently has the address of 1419 N KIMBALL ST, GRAND ISLAND, NE 68801-2550 ("Property Address").
<br />TOGETHER WITH all the improvements now ar hereafter erected 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--Singlc Family--Fannie MaelFreddie Mac UNIPORM INSTRUMENT
<br />� 338.2 Page 2 of 12 Form 3028 1/Ol
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