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<br />(K) "Electrpnie Funds TransPer" rneans any transfer of funds, other than a transaction originate.d by check, draft,
<br />or similar paper instrument, which is initiated through an electranic ternunal, 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, poinC-of-sale transfers, automated teller machine transactions, transfers initiated by
<br />telephone, wire transfers, and automated cleazinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(1Vn "Miscellaneaus Proc�eds" means any compensation, settlement, award of damages, or proceeds paid by any
<br />thixd party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or
<br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Froperty; (iii) conveyance in
<br />lieu of candernnation; or (iv) misrepresentations of, or omissipns as to, the value and/or condition of the Property.
<br />(l� "Mortgage Insurance" means insurance protecting Lender against the nanpayment of, or default on, the Loan.
<br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note,
<br />plus (ii) any amounts under Section 3 of this Security Instrument.
<br />(� "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. Fart 3500), as they might be amended from time to time, or any additional or
<br />successor legislation or regulation that governs the same subject matter. As used in this Security Instrurnent,
<br />"R�SPA" refers to all requirements and restrictions that are imposed in regard to a"federally relate� mortgage loan"
<br />even if the Laan daes not qualify as a"federally related mortgage loan" under RESPA.
<br />(� "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that
<br />party has assumed Borrower's obligations under the Note and/or this Security Instrument.
<br />TRANS�ER O� RIGHTS IN TH� PROPERTY
<br />This Se�urity Instrument secures ta L.ender: (i) the repayment of the Loan, and all renewals, extensions and
<br />modifications of the Note; and (ii) the perforrnance of Borrower's covenants and agreernents under this Security
<br />Instrurnent and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power
<br />of sale, the following described property located in the
<br />COiTNTY of HALL .
<br />[Type of Recording 7urisdiction] [Name of Recording 7urisdiction]
<br />LOI' 2, �ILP�P, HILT� 5�7a�1T�T�, pN A177i'1'rrnT'IO'II� VQLFL� CF' C��, I-F1iI.� CQ.rTIY, I�?A�,.
<br />A. P.N. : 4003T3408
<br />which currently has the address of 3 0 8 H I LLS I DE DR
<br />(Street)
<br />CAT Rp , Nebraska 6 8 8 2 4 ("Property Address"):
<br />CCity] [Zip Code]
<br />TOGETHER WTTH all the improvements now or hereafter erected on the property, and all easements,
<br />appurtenances, and �ixtures now or hereafter a part of the property. All replacements and additions shall also be
<br />covered by this Secnrity Instrurnent. All of the foregoing is referred to in this Security Instrument as the "Property."
<br />BORRQWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right
<br />to grant and convey the Property and that the Property is unencurnbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Property against all claixns and demands, subject to any
<br />encumbrances of record.
<br />THTS SECUI2ITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with
<br />lirnited variations by jurisdiction to canstitute a uniform security instrument covering real property.
<br />UNIFORM COVENANTS. Barrower and Lender covenant and agree as follows:
<br />1. Payment of Principal, Interest, Escraw Items, Prepayment Charges, and Late Charges. Borrower shall
<br />pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late
<br />charges due under the Note. Borrower shall also pay funds for Escrow Ttems pursuant to Section 3. Payments due
<br />under the Note and this Security Instrument sha11 be made in U.S. currency. However, if any check or other
<br />instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid,
<br />Lender may require that any or all subsequent payrnents due under the Note and this Security Instrument be made in
<br />one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check,
<br />treasurer's check or cashier's check, prnvided any such check is drawn upon an institution whose deposits are insured
<br />by a federal agency, instrumentality, or entity; or (d) Electronic �unds Transfer.
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<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMEN7 DocMaglc � aoo-sas-�3sz
<br />Form 3p28 1/01 Page 2 of 1 1 www.docmaq/c.com
<br />Nc307.8.dotxrtJ
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