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201100512
<br />(C) "Lender" is Bank of the West, a California state banking core.
<br />Lender is a corporation
<br />organized and existing under the laws of The State of California
<br />LendWsaddressis 13505 California St, NE- BBP -LL -P, Omaha, NE 68154
<br />(D) 'Trustee" is Bank of the West, a California state banking carp.
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MFRS is a separate corporation that is
<br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary
<br />under this Security Instrument MGRS is organized and existing under the laws of Delaware, and has an
<br />address and telephone number of P.O. Box 2026, Flint, Ml 48501 -2026, tel. (888) 679 -MFRS.
<br />(P) `Note" means the promissory note signed by Borrower and dated January 14, 2011
<br />The Note states that Borrower owes Lender One Hundred Fourteen Thousand And Zero /100
<br />Dollars
<br />(US. S 114, 000.00 } plus interest_ Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in lull not later than February 01, 2031
<br />(G) Vroperty" means the property that is described below under the heading "Transfer of Rights in the
<br />Property. "
<br />(II) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges
<br />due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(1) "hiders" means all Riders to this Security lnstrament that are executed by Borrower. The following
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />E Adjustable Rate Rider E Condominimn Rider El Second Home Rider
<br />Balloon Rider Planned Unit Development Rider [71 t4 Family Rider
<br />4A Rider Biweekly Payment Rider E7 Other(s) [specify]
<br />(.1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final,
<br />nun - appealable judicial opinions.
<br />(ft) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Property by a condonriniuixr association, homeowners
<br />association or similar organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by
<br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic
<br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit
<br />or credit an account. Such tam includes, but is not limited to, point -o£.- -sale transfers, automated teller
<br />machine transactions, transfers initiated by telephumf , wire transfers, and automated clearinghouse
<br />transfers.
<br />(M) "Escrow Items" means those items that are described in Section 3.
<br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid
<br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i)
<br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the
<br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the
<br />value and /or condition of the Property.
<br />(©) 'Mortgage Insurance" means insurance. protecting Lender against. the nonpayment of, or default on,
<br />the Loan.
<br />8800922638 8800922638
<br />NEBRASKA - Single Family - Fannie MaelFreddle Mac UNIFORM INSTRUMENT WITH MERS
<br />Q- 6A(NE)l¢atei F- ep2V15 rtiLalu � Form 3028 tf01
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