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<br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges dua undsr the Nate,
<br />and all sums due imder this Security Instrument, plus interest,
<br />(1) "Riders" means all Riders to this Security lnstrument that are exccuted by Borrower. 7'he fc�llowing Rid�rs nre lv be
<br />executed by Borrawer [check hax as applicable]:
<br />� Adjustable Rate Rider p Condominium Rider p Second Home Rider
<br />C] Ballaon Rider l� Planned Unit Dcvelapmcnt Rider ❑ Biweckly Paymen[ Rider
<br />C] 1-4 Family Rider OOther(s) [specify]
<br />(J) "App}icable T,aw" means all controlling applicable federal, statc and local statutcs, regulatians, prdinances and
<br />administrative rules and orders (that have thc efTcct of law) as wcll as all applicable final, non judicial opinions.
<br />(K) "Community Associatian Aues, Fecs, and Assessments" means all dues, fees, assessments and other charges that are
<br />imposed on Borrower or the �'roperty by a condominium association, homeowners association or similar organization.
<br />(L) "Electronie Funds Transfer" mcans any transfer of funds, other than a transactian originated by check, draft, or sitnilar
<br />paper instrurnent, which is initiated through an electranic terminal, telephonic instrument, computer, or magnctic tape so as to
<br />order, instruct, or authorize a financial institution to debit or credit an accaunt. Sueh tetm includes, but is not limited to, point-
<br />o!'-sale transfers, automated teller machine transactions, transfers intitiated by telephone, wire transfers, and automated
<br />clearinghouse transfers.
<br />(M) "Fscruw Tiems" means thasc items that are described in Sectian 3.
<br />(N) "Miscellaneous Proceeds" means any compensatian, settlement, award of damages, or proceeds paid by any third party
<br />(other than insurance proceeds paid under the coverages 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 Arpperty; (iii) conveyance in lieu of condemnation; or (iv)
<br />misrepresentations of, or omissions as to, the value and/ar condition of the Property.
<br />(0) "Morfgage Cnsurance" means insurancc protecting Lendcr against the nonpayment of, or default crn, the Loan.
<br />(P) "Pewiadic Payment" mcans the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any
<br />amounts under Section 3 of this 5ecuriry Instrument.
<br />(Q) "RESPA" means the Real �.state Settlement Procedures Act (12 U.S,C. §2601 et seq.) and its implementing rcgulativn,
<br />Re�ulation X(24 C.F.R. Part 3500), as they might be amended frpm time to time, ar any additional or successor legislation or
<br />re�utation that governs the same subject matter. As used in this Security Tnstrument, "RESYA" refers to all requirements and
<br />restrictions that arc imposed in regard to a"federally related mortgage loan" cvcn if the C,nan d�es not qualify as a"federally
<br />�elated mortgage loan" under RESAA.
<br />(R) "Successor in Cnterest qf Borrowcr" rneans any party that has taken title to the Aroperty, whether or not that party has
<br />assumcd Borrpwcr's obligations undcr the Note and/or this Security Instrument.
<br />7'RANSF�It OF RIGHTS IN THE PROPERTY
<br />The beneficiary of this Security Instrument is MERS (solely as nomince for Lender and Lcnder's successors and assigns) and
<br />the successors and assigns ot M�RS. This Seourity Instrument secures to T.ender: {i) the repayment of the Loan, and all
<br />renewals, extensians and modifications of the Note; and (ii) the performance of Borrower's covenants and agrcements under
<br />this S�curity instrumcnt and thc Note. For this purpose, Sorrower irrevocably grants and conveys to Trustee, in trust, with
<br />power of sale, the fp]lowing descrihed property lacatcd in the COCINTX (Typa of Recording Jurisdicti�n) of HALL (Name of
<br />Recording lurisdiction)
<br />LOTS THREE (3) AND FOUR (4)� IN FRACTIONAL BLpCK 32X (6), ASHTON PLACE, IN THE CTTY
<br />q8 QRANA TST,AND, HALT, COC7N'TX. NEBRABKA.
<br />which currcntly has the address of 2211 W�BT I,aulsE sT, GRAND T3LAND, NE sBSp3 ("Property Address").
<br />TOCETH�R WiTH all the improvements now or hereafter erectcd on the property, �nd all easements, appurtenances,
<br />and tixtures now ar hereaftcr a part of the property. All replacement9 and additions shall also be covered by this Security
<br />Instrument. All of the foregoing is rcfcrred to in this Security [nstrument as thc "Property." $orrower understands and agrees
<br />that MERS hold anly legal titla to thc inecrests granted by 13orrower in this Security Instrument, but, if necessary to comply
<br />NEI3ItASKA--Singlc Fami]y•Fannle Mae/Freddfe Mac UPlIFORM INSTRUM�NT
<br />� 338.2 Page 2 of 12 Fonn 3U28 1/01
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