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20110083�
<br />(C)"Lender"is Bank of the West, a California state banking corp.
<br />Lender is a corporation
<br />organized and existing under the laws of The State of California .
<br />Lender's address is 13505 California St, NE-BBP-LL-P, �maha, NE 68154
<br />(D) "'I'rustee" is Bank of the West, a California state banking corp.
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS 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. MERS is organized and existing under the laws of Delaware, and has an
<br />address and telephone nuinber of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS.
<br />(F) "Note" ineans the promissory note signed by Borrower and dated January 2 5, 2 O 11 .
<br />The Note states that Borrower owes Lender Ninety One Thousand Five Hundred And
<br />Zero/100 Dollars
<br />(U. S. $ 91, 5 0 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than February O1, 2026 .
<br />(G) "Property" means the property that is described below under the heading °Transfer of Rights in the
<br />Property. "
<br />(H) "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 />(I) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />0 Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider
<br />0 Balloon Rider ❑ Planned Unit Development Rider � 1-4 Family Rider
<br />� VA Rider � Biweekly Payinent Rider � Other(s) [specify]
<br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and adininistrative rules and orders (that have the effect of law) as well as all applicable final,
<br />non-appealable judicial opiilions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed oii Borrower or the Property by a condominium association, homeowners
<br />association or siinilar organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by
<br />check, draft, ar similar paper instrument, which is initiated through an electronic terminal, telephonic
<br />instrmnent, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit
<br />or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller
<br />machine transactions, transfers initiated by telephone, 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 auy 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) condexnnation 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 />(0) "Mortgage Insurance" ineans insurance protecting Lender against the nonpayinent of, or default on,
<br />the Loan.
<br />8800945602 8800945602
<br />NEBRASKA - Single Famity - Fannie MaeiFreddie Mac UNIFORM INSTRUMENT WITH M RS
<br />�•6A(NE) (oe�o) Page 2 of 75 Initiais: ��orm 3028 1/01
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