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<br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late char�es due under the Note,
<br />and all sums due under this Security Instrument, plus interest.
<br />(I) "Riders" means all Riders to this Sec;urity Instrumcnt that are executed by Borrower. The following Riders are to be
<br />cxecuted by Borrower [check box as applicable];
<br />LJ Adjustable Rate Ridcr ❑ Condominium Rider LJ Second Hom� Kider
<br />❑ Balloon Rider ❑ Planned Unii Development Rider ❑ Biweekly Payment Rider
<br />❑ 1-4 Family Rider ❑ Othcr(s) [specify]
<br />(J) "Applicable Law" mcans all controlling applicable federal, state and lpcal statutes, re�ulations, ordin�tnces and
<br />administrative rules and orders (that have the effeci oC law) as wcll as all applicable tinal, nan-appealable judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" me�ns all dues, f�es, assessmcnts and other char�es that are
<br />imposed on Barrower or the Property by a condominium association, homeowners assaciation or similar organization.
<br />([�) "� lectronic Funds Transfer" mcans any transfer of funds, other than a transaction originated by check, draft, or similar
<br />paper instrument, which is initiated throu�h an electronic tenninal, tclephonic instrument, computer, or magnetic tape so as to
<br />order, instruct, or authorizc a financial institution to debit or credit an account. Such term includes, but is not limited to, point-
<br />of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and autamated
<br />cicaringhousc transfers,
<br />(M) "Escrow Items" means those items that arc dcscribed in Section 3.
<br />(N) "Mfscellaneous Proceeds" mcans any compensation, settlement, award of damages, or proceeds paid by any third parry
<br />(other than insurance proceeds paid under the covcrages described in Section 5) for: (i) damage to, or destruction of, the
<br />Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conv�yancc in licu of condemnation; or (iv)
<br />misrepresentations of, or omissions as to, the valu� anc�/or condition of the Property.
<br />(0) "Mortgage insurance" means insurance protccting Lender against the nonpayment af, or default on, the Loan.
<br />(P) "Yeriodic Payment" means the regularly scheduled amount duc; for (i) principal and interest under the Note, plus (ii) any
<br />amounts under Section 3 of this Security lnstrument,
<br />(Q) "RESPA" means the Re�l �state Seitlement Proc�dures Act (l2 U.S.C. §2601 et seq.) and its implementing regulation,
<br />Regulation X(24 C.F.R. Part 3500), as they might be amended from time to timc, a• any additional �r successor Icgislation or
<br />regulation that �overns the same subject matt�r. As used in this Security Instrument, "RESPA" refers to all requiremenis and
<br />resirictions thai are imposed in rcgard to a related mortgage loan" even if the Loan does not qualify as a"fcderally
<br />rclated mortgage loan" under RESPA.
<br />(R) "Successor in Interest of Borruwer" means any party that has taken title to the Property whether or not that party has
<br />assumed Borrower's oblig�tions under the Note and/or this Security Instrumeni.
<br />TRANSFFR OF R1G1-iTS 1N 7'1i�, PROP�RTY
<br />Thc beneficiary of this Security Instrument is MERS (solcly as naminee for Lender and Lender's successors and assigns) and
<br />the successors and assigns of MERS. This Security Tnstrument secures to Lender; (i) the repayment of the Loan, and all
<br />renewals, extensions and modifications of the Note; and (ii) the performance of I3orrower's covenants and agreements under
<br />this Security Instrument and the Nate. For this purpose, Borrowcr irrevacably grants and conveys to Trustee, in trust, with
<br />power of sale, the followin� describ�d property located in the GOUNTY (Type nf Rccording ]urisdiction) of HALL (Namc of
<br />Rccording Jurisdiction)
<br />LOT ELEVEN (11), BLOCK FOURTEEN (1g) SCARFF'S AADITION 'TO WEST LAWN, IN THE CTTX OF
<br />GRAND ISLAND, HALL COT_TNT7C, NEBRASKA
<br />which currently has the address af 1814 N KRUSE AVE, GRAND ISLAND, NE 68803 ("Property Address"),
<br />TQGETHER WiTH all the improvcments now or hereafter erected on the property, and all easements, appurtenances,
<br />and �xtures now or hereafter a part of the property. All r�placcments and additions shall also be covered by this Security
<br />Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." Borrawer understands and a�recs
<br />that MERS hold only legal title to the interests grinted 6y F3orrower in this Security Tnstrument, but, if necessary to camply
<br />NF.[3RASKA--Single Fxmily--Fannic Mac/Freddie Mac UNIFORM INSTRUM�NT
<br />�� 338.2 Page 2 of' 12 Form 3028 1/U1
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