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2011QQ49��
<br />451a20093
<br />Borrower owes Lender NINETY-SIX THOUSAND AND 00/100 Dollars (U.S. $96, 000. 00) plus interest. Borrowcr has
<br />proinised to pay this dcbt in rcgular Periodic Payments and to pay the debt in Full not later than FESRUARX ]., 2031.
<br />(C) "Property" means thc property that is dcscribcd bclow undcr the heading "Transfer of Rights in the Property."
<br />(�T) "Luan" mcans the debt evidenced by the Note, plus interest, any prepayment charges and late chargcs due under the Note,
<br />and all sums aue under this Sccurity Instrument, plus interest.
<br />(1) "Riders" means all Riders to this Security Instrument that arc cxccutcd by Borrowcr. Thc following Riders arc to be
<br />executed by Borrowcr [check box as applicable]:
<br />❑ Aajustable [tate Kidcr [�1 Condominium Rider ❑ Second Hoane Rider
<br />❑ Balloon Rider � Planned Unit Devclopmcnt Ridcr ❑ Biweekly Payment Rider
<br />❑ 1-4 Family Ridcr I�l Qther(s) [specify]
<br />(d) "Applicable Law" means all controlling applicablc f'cderal, state and local stahites, regulations, ordinances and
<br />administrativc niles and orders (that have the effect of law) as well as all applicablc t7nal, non judicial opinions.
<br />(K) "Community Associution Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are
<br />imposed on Borrower or the Property by a condominium association, homcowners association or similar organization.
<br />(L) "Electronic Funds '1'ransfer" mcans any transfer of funds, other than a transaction ori�inated by check, draft, pr similar
<br />paper instniment, which is initiated through an cicctronic tcrminal, tclephonic instrument, computer, or magnetic tape so as to
<br />order, instruct, or authorizc a financial instit�ition to debit or credit an account. Such term includes, birt is not limited to, point-
<br />of-sale transfers, automated teller machinc transactions, transfers initiated by telephone, wire transfers, and automatcd
<br />clear'rnghouse transfcrs.
<br />(M) "Escrow Items" means thi�se items that are dcscribcd in Scction 3.
<br />(N) "Miscellaneous Proceeds" means any compensation, settlemenl, award of damages, or procecds paid by any third party
<br />(othcr than insurance proceeds paia under the coverages describcd in Scction 5) for: (i) damagc to, or dcstruction of, thc
<br />Property; (ii) condcmnation or other taking of all or any part of the Property; (iii) convcyance in lieu of condemnation; or (iv)
<br />misrcpresentations of, or ornissions as to, the value and/or condition of thc Property.
<br />(0) "Mprt�age iqsuranee" mcans insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />(P) "Pewiodic Payment" mcans the regularly scheduled amotint due for (i) principal and interest undcr the Note, plus (ii) any
<br />a►nounts under Section 3 of this Security Instrumcnt.
<br />(Q) "R�:SPA" mcans the Real Estate Settlement Procedures Act (12 U.S.C. $2601 et scq.) and its implcincnting rcgulation,
<br />Regulation X(24 C'.F.iZ, k'art 3500), as thcy might bc amcndcd from time to time, or any additional or successor legislation or
<br />rcgul�tion that governs the same subject matter. As uscd in this Sccurity Instrument, "RESPA" refers to all requirements and
<br />restrictions that are imposcd in rcgard to a"federally related mort�;age loan" even if the Loan does not qualify as a"federally
<br />rclated mortgage loan" trnder RESPA.
<br />(R) "Successor in (nterest of Borrower" means any party that has taken title to the Property, whether or not that party has
<br />assumed Borrower's obligations unaer the Note and/or this Security Instrument.
<br />TRANSFER OF RiC7HTS iN THF PIZOP�RTY
<br />The beneficiary of this Security Instrument is MERS (solely as nomince for Lender and Lender's successors and assigns) and
<br />the successors and assigns of M�RS. This Security instrument secures to Lender: (i) the repayment of the Loan, and al1
<br />renewals, extensions and modircations of the Note; and (ii) thc perf'ormance of Borrower's covenants and agreements under
<br />this Security Instrument and the Note. For this purpose, $orrowcr irrcvocably grants and conveys to Trustee, in trust, with
<br />power of sale, the following dcscribed property located in the CoUNTY (Type of Recording Jurisdiction) of FIP.�,L (Name of
<br />Recording Jurisdiction)
<br />LQT FIF"TEEN (15), AMICIC ACRES WEST SUBDIVISION, HALL COUN'TY, NEBRASKA.
<br />which currently has the address of 407 STJNSET DRTVL, DOr1YPHArr, rrE 68832 ("Property Address").
<br />TOGETHF,R WITII all thc improvcmcnts now on c�reafter erected on the property, and all easements, appurtenances,
<br />and fixtures now or hereaftcr a part of the property. All replacements and additinns shall also bc covcred by this Security
<br />Nf:RRASKA--Singlc 1'aniily--Fannie Mne/Freddic Mac UNIFORM INSTRUMF.NT
<br />+�:? 33R2 Pxgc 2 of 13 Farm 302R 1/Ol
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