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<br />(G) "Property" mcans the property that is described below under the heading "Transfer of Rights in the Property."
<br />(H) "L,oan" means the debt evidenced by the Npte, 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 lnstrument that are executed by Borrower. The following Riders are to be
<br />executed 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 Law" mcans all controlling applicable federal, state and local statutes, regulations, ordinai7ces and
<br />administrativc rules and orders (that have thc effect of law) as well as all applicable final, non-appealable judicial apinions,
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges thac are
<br />imposed on Borrower or the Property by a condominium association, homeowners association or similar organizatipn.
<br />(L) "Electronic Funds 'I'ransfer" means any transfcr of funds, other than a iransactian originated by check, draft, or similar
<br />paper instrument, which is initiated through an electranic terminal, telephonic instrument, computer, or magnetic tapc so as to
<br />order, instruct, or authorize a financial institutian to dcbit or credit an account. Such term includes, but is not limited to, point-
<br />of-sale transfers, autamated teller machine transactions, transfers initiated by telaphone, wire transfecs, and automated
<br />clearinghouse transfers.
<br />(M) "Escrow items" means thosc items chat are described in Section 3,
<br />(N) "Misccllaneous Praceeds" means any compensation, settlement, award of damages, or procecds paid by any third party
<br />(othcr than insurance proceeds paid under the covera�es described in Section 5) for: (i) damage to, or destruction of, thc
<br />Property; (ii) condemnation or other takin� of all ar any part of the Property; (iii) conveyance in lieu of condemnation; or (iv)
<br />misrepresentations of, or omissions as to, the valu� and/or condition of the Property.
<br />(0) "Mprtgage Insurance" means insurance protecting Lcnder against the nonpayment ot; or default on, the Loan.
<br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any
<br />amounts under Section 3 of this Security lnstrument.
<br />(Q) "RESPA" mcans the Real Estate Settlement Proccdures Act (12 U.S.C. §2601 et seq.) and its implementing regulation,
<br />Regulation X(24 C.F.R. Part 3500), as they might be amended f'rom time to time, or any additional or successor legislation or
<br />re�ulation that govcrns the same subject matter, As used in this Security lnstrument, "RESAA" refers to all requirements and
<br />restrictions that are imposed in regard to a"federally related mort�age loan" even if the Loan does not qualify as a"federally
<br />related mortgage loan" undar RESPA.
<br />(R) "Successor in interest of Borrower" means any party that has taken title ta the Property, whether or not that party has
<br />assumed Borrower's obligations under the Nate and/or this Security lnstrument.
<br />TRANSFER OF RIGHTS 1N THE PROPERTY
<br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assi�ns) and
<br />the successors and assigns of M�RS. This Security Instrument secures ta Lender: (i) the repayment of the I,oan, and all
<br />renewlls, uxtensions and modifications of the Note; and (ii) the performancc of $orrower's covenants and a�;reements under
<br />this Security Instrument and the Note. For this purpose, Borrower irrevacably $rants and conveys to 1"rustee, in trust, with
<br />power of sale, the f'ollowing described property lacated in the CoUNTY (Typc of Recording Jurisdiction) of HALL (Name of
<br />Recording Jurisdiction)
<br />LpT NINETEEN (19), BLACK THREE (3), IN OLDE MILL SUBAIVISION, CITY OF GR�1ND TSLAND,
<br />HALL COUNTY, NESRASTCA
<br />which currcaitly has the address of'2510 STAGECOACH RD, GRAND TSLAND, NE 68801 ("Property Address").
<br />TOGETHER W1TH all the improvements now or hereafter erected on the property, and al] easements, appurtenances,
<br />and �xtures naw or hereafter a part of the property. All replacements and additions shall also ba covered by this Security
<br />Instrumcnt. All of the foregoin� is referred to in this Sccurity lnstrument as the "Property." Borrower undcrstands and agrees
<br />NEBRASKA--Singlc Pamily--Fannie Mxe/Freddie Mac UNIFORM INSTRUMENT
<br />� 338.2 Page 2 of 12 Form 3028 1/O1
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