+� ,
<br />2oioo911�
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(G) "Loan" means the debt evidenc�d by the Note, plus interest, any prepayment charges and late charges
<br />due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(H) "Riders" means all Riders to this Security Instrument that are executed by Barrower. The following
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />n Adjustable Rate Rider
<br />0 Balloon Rider
<br />0 Biweekly Payment Rider
<br />� Other(s) [specify]
<br />n Condominium Rider � Second Home Rider
<br />n Planned LTnit Development Rider � 1-4 Family Rider
<br />n V.A. Rider
<br />(I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final,
<br />non-appealable judicial opinions.
<br />(,� "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Praperty by a candorninium association, homeowners association
<br />or similar organization.
<br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check,
<br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument,
<br />computer, or magnetic tape so as to order, instruct, or authorize a financial instztutian to debit or credit an
<br />account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine
<br />transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that aze described in Section 3.
<br />(M) "Miscellaneoas Proceeds" means any compensation, settlement, award of damages, or proceeds paid by
<br />any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage
<br />to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii)
<br />conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or
<br />condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or defau(t on, the
<br />Loan.
<br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the
<br />Note, plus (ii) any amounts under Section 3 of this Security lnstrument.
<br />(P) "R�SPA" means th� Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its
<br />implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time,
<br />or any additional or successor legislation or regulation that governs the same subject matter. As used in this
<br />Security Instrument, "R�SPA" refers to all requirements and restrictions that are imposed in regard to a
<br />"federally related mortgage loan" even if the Loan does not qualify as a"federally related mortgage loan"
<br />under RESPA.
<br />(Q) "Successor in Interest of Sorrower" means any party that has taken title to the Property, whether or not
<br />that party has assumed Borrower's obligatians under the Note ar►d/ar this Security Instrument.
<br />NEBRASKA- Single Family - FannieMae/FreddieMac UNIFORM INS7RUMENT
<br />Form 3028 1/01 �� ..,,
<br />Laser FDrtns Inc. (800) 446-3555 � �/
<br />LFI#FNMA3028 4102 Page2 of 13 Initials: ��
<br />
|