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201009594
<br />3111056644
<br />(H) "Loan" means thc debt cvidenced 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 Instrumcnt that are executed by Borrower. Th� following Riders are to be
<br />exacuted by Borrower [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 i.aw" means all controlling applicable federal, state and local statutcs, regulations, ordinances and
<br />administrative rules and arders (that have the effect of law) as wei] as all applicable �nal, non-appealabl� judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, ass�ssmcnts and other charges that are
<br />imposed on Borrower or the Property by a condominium association, homeawners 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 electronic terminal, telephonic instrument, computer, or magnetic tape so as to
<br />order, instruct, or authorize a financial institution to debit ar credit an accaunt. Such term includes, but is noi limited to, point-
<br />of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated
<br />cicaringhouse transfers.
<br />(M) "Escrow Items" mcans those items that are described in Section 3.
<br />(N) "Miscellaneous Froceeds" means any compensation, settlement, award of damages, or proceeds paid by any ihird party
<br />(other than insurance proceeds paid under the coverages described in Section 5) for: (i) damag� to, or destruction of, the
<br />Property; (ii) candemnation ar other taking of all or any part of the Property; (iii) conveyance in licu of condemnation; or (iv)
<br />misreprescntations of, or omissions as to, the value and/or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the I,oan.
<br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any
<br />amounts under Scction 3 of this Security Instrument.
<br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et scq.) and its implementing re�ulation,
<br />Regulation X(2a C.I^.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or
<br />regulation that governs the same subject matt�r, As used in this Security Instrument, "RESPA" refers to all requirements and
<br />restrictions that are imposed in regard to a"federally related mortgage loan" even if the Loan does not qualify as a"federally
<br />relatcd mortgage laan" under RESPA.
<br />(R) "Successor in interest af Borrower" means any party that has taken title to the Property, whether or not that party has
<br />assumed Borrower's obli�ations under the Notc and/or this Security Instrument.
<br />TRANSF�R OF RIGHTS IN THE PROPERTY
<br />The beneficiary of this 5ecurity Instrument is MERS (solcly as nominee for Lender and Lender's successors and assigns) and
<br />the successors and assigns of MERS. This 5ecurity Instrument secures to Lender; (i) the repayment of the Loan, and all
<br />renewals, extensions and modifications of the Notc; and (ii) the performancc of Barrower's covenants and agreements under
<br />this Security Instrument and the Nota For this purpose, Borrower irrevocably grants and conv�ys to Trustee, in trust, with
<br />power of sale, the following described property located in the CoUNTY (Type of Recordin� Jurisdiction) of HALL (Name af'
<br />Recording Jurisdictian)
<br />I,OT THTRTY-NINE (39) , INAIANFIEAD ST7BbIVxSION IN THE CITY pF GRAND I3LAND, HALL
<br />COUNTY, NESRASKA
<br />which curr�ntly has the address of 4138 INDIANHEAD DR, GRAND ISLAND, NE 6sso3 ("Property Address").
<br />TOCETHER WITH all the improvements now or hereafter erect�d on the property, and all easements, appurtenances,
<br />and fixtures now or hereafter a part of the property, All replacements and additians shall also be covercd by this Security
<br />Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrower understands and agrees
<br />that MERS hold only le�al title to the interests granted by Borrower in this Security Instrument, but, if n�cessary to comply
<br />NEBRASK.4--Single Family--Fannie Mae/Freddie Mac llNIFORM INSTRUMENT
<br />�� 338.2 Pagc 2 of 12 Form 3028 1/01
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