|
2011�Q�23
<br />asioi9z3�r
<br />debt in full not later than JULY 7., 2036.
<br />(G) "Property" mcans thc property that is dcscribcd bclow undcr the headin� "Transfer of Rights in the Prnperty,"
<br />(II) "Loan" 171C�Ilti TI1C C�CUT CVIC{CIICCL� t)y tI1C NOtC, plus interest any prepaynicnt ch��r�es and late charges due under the Note
<br />and �III S111115 (ILIC llll(ICI'tlll5 S('.Cllllty I11SfPUI77Clit plus intcrest.
<br />(I) "Ridcrs" means all Riders to tliis Security instr�unent that are executcd by I�orrower. The 1i�llnwing CZiclers are la be
<br />cxccutcd by I3orrowcr [chcck box as �ipplicublcJ:
<br />I 1 Adjust�ble Ttate IZider ❑ Condominiuru Rider ❑ Secoi�d Hoiue Rider
<br />❑�3alloon Rider ❑ Planned Unit Development Rider � Biweekly Payment Rider
<br />LJ 1-4 Family Ridcr ❑ Othcr(s) [specify]
<br />(:1) "Applic�ble Law" means �ill CO[1tfOII111�T ap}�licablc fedcral, st�ite and local stat�rtcs, rcgulations, ordinanccs and
<br />administrativc rules and orders (th�it liave the effect of law) as well as all <<pplicablc final, non-appealahle opinions.
<br />(K) "Cornmiuiit,y Associution Dues, Fees, and Assessinents" ixicans all ducs, fces, asscssmcnts and othcr ch�u•�cs that �irc
<br />imposed on k3orrower or the T'roperty by a condominium �ssocialion, homeowners assaciation or siinilar or�anization.
<br />(L) "Electronic Funds Tra��sfer" mc�uis any transfer of funds, otl�er tl�an a transaclion ori�inated by check, draft, c�r similar
<br />paper insfrume��t, which is initiaced ihrough an electrnnic terrninal, telephonic instrument, comptrter, or magnctic tapc so as to
<br />ordcr, II1StCLICt, Ol' flUtl]UCIZC c7 �111cI11C1c7I II1ShfLlIl0I1 IO CI�1�IC �)f CCECIIC 111 1CCpllllt. SL1CI7 tCPll] 111L'�LICIL'S, but is not limitcd ta, poi��l-
<br />of-s�le tra��sfers, �utnmatcd rellcr machine trans�ctioi�s, transfers initiated by tcicphone, wire transf'ers, and automatcd
<br />cicacinghouse transfcrs.
<br />(M) "l:s�row Itcrns" rne��ns thosc itcros tl�at are descril�ed in 5ection 3.
<br />(N) "Miscellaneous Nrocceds" ii�cans t�ny compcns<<tion, setUement, award of dam�iges, or procecds paid by any third party
<br />(other than insurance procccds paid under the coverages describcd in Scction 5) fnr: (i) damage to, or cicslructii�n oP, tlie
<br />Prol�a•ty; (ii) coi�demnation or other taking of all or any part of the Property �111� CC111V�y811L'0 It1 IIEU Ot COI]LjClllll�lt1011 or (iv)
<br />rnisrepresentations of, or oai�issions as to, the valuc and/or condition of the Property.
<br />(0) "Mortgage Insurance" means insur�nce protecting Lcndcr ag�Ainst lhe nonpayincnt ot; or dcfai.ilf on, lhe C�oan.
<br />(i') "i'criodic Puyment" mcnns the regularly scheduled ainount duc for (i) principal and interest undcr thc Notc, plus (ii) any
<br />amounls under Section 3 of this Securily Iiastrurnertt.
<br />(Q) "ltI?SI'A" t»eans Che Rcal �statc Sctticment Proced�u•es Acl (12 U.S.C. §2601 ct scq.) �md ris irnplernenCing regulatio�i,
<br />Re�ulatian X(24 C.N.K. Yart 3500) as they might bc amcndcd from time to tii�e, or any �dditional or succcssor legislation or
<br />IC�LIIa�1011 tI11T bOV01'tlti (}7C Sf1I11C SL1L7fCCt I11dUCl AS USCv Itl [�715 Sf;CllfltY Illtitl`UIllCI1T "IZI�,SI'A" refers to all rcquirenicnts �:ind
<br />restrictions that are imposecl in regard to a" fcdcr�lly relatecl r��ortgagc loan" cven if thc Loan does not qualify as a"fcdcrally
<br />reluted mortgage loan° undcr K[;SPA.
<br />(R) "Successor in Interesl of Borrpwer" mcans any party tl�at lias taken title to thc Property, wheU�er nr not that party has
<br />ussumed Borrower•'s obligations under lhe Nc�te and/or this Sccurity Insh
<br />TRANSF�R OF RIGHTS lN THT: T'ROPCRTY
<br />Thc bcncficiary of tl�is Security Instrumcnt is MERS (solely as noniincc for Lender and Lender's succcssors an�l assigns) and
<br />the successars and assigns of MEfZS. This Security Instrumcnt secures to Lender: (i) thc rcpayment of the Loan, 811C1 all
<br />rencwa]s, cxtensions and modificatiais of thc Note; �nd (ii) the performance of 13orrower's covenants and agrcements under
<br />this Security Instrumcnt and lhe Note. For this purposc, f3orrowcr irrevocably �rants and conveys to Trustee, in trust, with
<br />��owcr of sale, the tollowing deacribcd property locatecl in the COUNTY (Type of Rccarding Jurisdiction) of xALL (Name of
<br />Tlecoraing Jurisdictinn)
<br />LOT EIGHT (8) , SLiMMERF2ELD ESTA�'�S TFIIRD SUBDIVISION, T1� TH� CITY OF GRAND T9I,ANI7,
<br />HAT.L CO'CJNTY, NEBRASTCA.
<br />whidl currcntly has the acidress of 1530 WARBLER CIRCLE, GRANl7 ISLAND, NE 68$03 ("Property Address").
<br />TQGCTH�R WITIi all tlie iml�rovernents now on c�rc��ftcr erecleci on the property, and all easernents, appurtenanccs,
<br />and tixtures now or here�fter a part of thc propafy. All replace�nents and additions sh111 also be covered by this Securily
<br />NE[iRA51{A--Singlc Pamily--�'nnniu 111s�db'rcddic Muc UNIFORM INSTRUMRNT
<br />� 338.2 Pagc 2 uC 12 �nrm 302H V01
<br />C� '�
<br />
|