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2011Q038�
<br />1111057062
<br />(H) "Loan" means the debt evidenccd 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 />(1) "Riders" mcans all Riders to this 5ecurity Instrument that are executed by $orrower. The following Riders arc to be
<br />executed by Borrower [check box as applicable]:
<br />❑ Adjusfable Rate ftider ❑ Condominiwn Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Developmeni Rider ❑ Biwe�kly Paymcnt Rider
<br />❑ 1-4 Family Rider ❑ Other(s) [specify]
<br />(J) "Applicable Law" means all contralling applicable federal, state and lacal statutes, regulations ordinances and
<br />administrative rules and orders (that have the effect oF law) as wcll as all applicable �nal, non-appealable judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and othcr char�es that are
<br />imposed on Borrower or the Property 6y a condontinium association, homeowners association or similar organization.
<br />(L) "Electronic Funds Transfer" mcans any transfer of funds, other than a transaction originated by check, draft, or similar
<br />paper instrument, which is initilted througl� an electronic tcrminal, telephonic instrument, computer, or magnetic tape so as to
<br />order, instruct, or authorize a financial institution to debit or credit an acenunt. Such term includes, but is not limited to, point
<br />of' transfers, nutomated teller machine transactions, transfers initiated by telephone, wire transfers, and automated
<br />clearinghouse iransfcrs.
<br />(M) "Escrow Items" means those items that nre described in Section 3.
<br />(N) "Miscellaneous Proeeeds" mcans any compensatian, settlement, award of damages, or proceeds paid by any third party
<br />(other than insurance proceeds paid under the covera�es describcd in Section 5) for: (i) damage to, or dcstruction of, the
<br />Property; (ii) condemnation or other taking of all or any part of the Prvperty; (iii) conveyance in lieu of condemnation; or (iv)
<br />misrepresentations of, or omisaions as to, the value and/or condition of the Property.
<br />(0) "Mortgage Insurance" mcans insurance protecting I.ender against the nonpayment of; or default on, the Loan.
<br />(1') "Periodic Payment" means the regularly schedulcd amount due for (i) principal and intcrest under the Note, plus (ii) any
<br />amounfs under Scction 3 of this Security Instrument.
<br />(Q) "RESAA" nieans the Real Estatc Scttlemcnt Procedures Aci (12 U.S.C. §2601 et seq.) and its implementing regulation,
<br />Regulation X(24 C.F.R. Part 3500), as they misht be amended from time to time, or any additional or successar legislation or
<br />regulation that goven�s the same subject matter. As used in this Security Instniment, "RESPA" refers to all requirements and
<br />restrictions that are imposed in ►•egard to a"federally related mortgage laan" even if the Loan docs not qualify as a"federally
<br />related mortgage loan" under Rf:SPA.
<br />(R) "Successor in Interest of Bnrrower" means any party that h�s taken title to thc Property, whether or not that party has
<br />assumed C3orrower's obligations under the Note and/or this Security Instrument.
<br />7'RANSFER OF RIGHTS IN THE PRQPERTY
<br />The beneficiary oP this Security lnstrument is MERS (solely as nomince for Lender and Lender's successors and assigns) and
<br />the succcssors and assigns of M�RS. This Security lnstrument secures to Lender: (i) thc rcpayment of the Loan, and all
<br />renewals, extensions and modi�cations of the Note; and (ii) the performance of Borrower's covenants and agreements under
<br />this Sccurity [nstrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with
<br />power of sale, the following describcd property located in the COUNTY (Typc of Recording Jurisdiction) of HALL (Name of
<br />Rccording Jurisdiction)
<br />LOT TWENTX FOUR (24), COUNTRY MEADOWS SU$DIVISION, TN THE CITY OF GRAND TSLAND, HALL
<br />COUNTY, NEBRASICA
<br />which currently h1s the address of 12o REbwOOD Rn, GRAND ZSLAND, NE 68803 ("Property Address").
<br />TOGF,TH�;K W1TH all thc improvements now or hereafter ercctcd on the property, and all easemcnts, appurtenances,
<br />and tixtures now or hereafter a part of ihe property. Al( replacements and additions shall aiso be covered by this Security
<br />lnstrument, All of the fore�oing is refcrred to in this Security Instrumcnt as the "Praperty," Borrower understands and agrees
<br />that MFRS hold only legal title to the interests granted by Borrower in this Security lnstrument, but, if necessary to comply
<br />NEI3RASKA--Single T�'amily--Fannic Mae/Freddie Mac UNIFORM INS'I'RUMENT
<br />�::� 3382 Pagc 2 of 12 Fnrm 3028 1/Ol
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