|
�
<br />�
<br />��
<br />N �
<br />m �
<br />� �
<br />m
<br />� ��I
<br />� ��
<br />� �
<br />—
<br />�
<br />�
<br />��
<br />�w�
<br />��
<br />�
<br />�
<br />�
<br />��W
<br />�
<br />L�a 7
<br />1"�'7
<br />�
<br />�°'1
<br />r ""'
<br />�
<br />�/7�
<br />�
<br />�
<br />�
<br />�
<br />�
<br />�
<br />��
<br />�
<br />�
<br />�
<br />���
<br />�� � �
<br />��.
<br />��
<br />(Space Above This Line For Recording Data]
<br />���-►�������
<br />DEFINITIONS
<br />t°'! a° �
<br />� ��
<br />�i �
<br />��
<br />q
<br />�
<br />�
<br />�
<br />�
<br />�
<br />c._
<br />�
<br />�
<br />H--�
<br />� v
<br />�
<br />�
<br />�
<br />�
<br />O
<br />Words used in multiple sections of this document are defined below and other words are defined in Sections 3,11, I3, 18, 20
<br />and 21. Certain rules regardin� the usage of words used in this document are also prvvided in Section 16.
<br />(A) "Security Instrumeut" means this document, which is dated January 6th 2011 , tugelher with
<br />all Riders to this document.
<br />(B) "Borrower" is �rooke L. Smith, a single person �� Rrnnko Tr;,,,},�g
<br />Borrower is the trustor under this Securit,y lnstrument.
<br />(C) "I.ender" is Valley Bank and Trust Co. Lender
<br />is a Corporation organized and existing under the laws of the State of Nebraska
<br />Lender's address is 1701 Ist Ave. Scottsbluff, NE 69361
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) '°Trustec° is Valley Bank and Trust Co. 170t Ist Ave. Scottxblaff, NE G93G1
<br />(E) "Note" means the promissory note signed by Borrower and dated Januarv Fth 2011 _ The Note
<br />states that Burrower owes Lender One Hundred Six Thoasand Une Hundred and DO/lOD
<br />Dollars(U.S.$ 106.10(1.00 )plusinterest. Aorrnwerhaspromised
<br />to pay this debt in regular Periodic Yayments and to pay tlte debt in full not later than Februar� 1, 2031
<br />__— _----
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(C.) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the
<br />Note, and all sums due under this Security Instrument, plus interest.
<br />(H) "ltiders" means all Riders to this Security tnstrument that are executed by Borrower. The following Riders are to 6e
<br />executed by Borrower [check box as appiicable]:
<br />❑ Ad,justable Rate Rider ❑ Condnminium Rider ❑ Second Home Rider
<br />0 Balloon Rider ❑ Planned Unit llevelopment Rider ❑ Other(s) [specify] �
<br />❑ 1-4 Family Rider ❑ Biweekly Payment Rider
<br />(t) "Applicable Law" menns all cnntrolling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules and orders (that have the effect of law) as well as all applica6le final, non-appealable judicial opinions.
<br />(d) "Cummunity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are
<br />imposed on Bonower or the Property by a condominium association, homeowners association or similar organization.
<br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or
<br />similar paper inshument, which is initiated through an electronic terminal, telephonic i�chument, computer, or magnetic tape
<br />so as to order, instruct, or authonze a financial institution to debit or credit an account. Such term includes, but is not limited
<br />to, pnint-of-sale transFers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and
<br />automated cleazinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(M) "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid by any third
<br />party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of,
<br />the Property; (ii ) condemnation or other taking of all or any part ofthe Property; (iiil conveyance in lieu of condemnation; or
<br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(N) "Morlgage Insurance" means insarance protecting Lender against the nonpaymenl of, or default on, the Loan.
<br />NEHRASKA—SingleFamily--Fannie Mae/Freddie Mac UNIFORM 1NSTRl1MENT Form 3028 1/Ul (paxe 1 qfRpaxeeJ
<br />175A.Cv (3/(Il) 004-308-262 Creative Thinkinq, Inc.
<br />c �r,
<br />� �
<br />c �
<br />z --�
<br />.� rn
<br />� �
<br />c� - r,
<br />" --�
<br />� t`Tl
<br />� �
<br />� �
<br />f""" ]T
<br />�
<br />�
<br />A
<br />�.....
<br />e, ..
<br />�.,,.
<br />,. .,,,
<br />��
<br />�' m ��
<br />v•�
<br />�;�
<br />..
<br />v� ����,
<br />� ��:�
<br />r��
<br />�
<br />t! J
<br />GOTO(OOIOc21fl .
<br />0
<br />�
<br />C�
<br />H
<br />��
<br />�
<br />�
<br />rv
<br />._.0
<br />cta
<br />�ti'1
<br />�
<br />�
<br />t:� �
<br />.�.�:�
<br />�
<br />�
<br />G%)
<br />�':u
<br />�waM.�
<br />=`r
<br />r �`'6
<br />��'.
<br />...,�
<br />;�„;a
<br />�
<br />S�
<br />v `�
<br />�
<br />
|