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201102440
<br />(C) "Lender" is U. S. Bank N. A.
<br />Lender is a National Association
<br />arganized and existing under the laws of
<br />Lender's address is 4801 Frederica
<br />The United States Of America
<br />Street, Owensboro, KY 42301
<br />(D)'Trustee"isMr. Thomas Locher
<br />2002 Douglas Street, 200 The Omaha Cfub, Omaha, NE 68102 .
<br />(E) '�RS" 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 number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated 03/25l2011 .
<br />The Note states that Borrower owes Lender One Hundred Nineteen Thousand Sixty-Seven
<br />and 00/100ths Dollars
<br />(U.S. $ 119, 067 . 00 ) plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than April O1, 2041 .
<br />(G) 'Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(I� 'Zoan" 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 a11 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 />[� Adjustable Rate Rider � Condominium Rider � Second Home Rider
<br />0 Balloon Rider ❑ Planned Unit Development Rider 0 1-4 Family Rider
<br />� VA Rider 0 Biweekly Payment Rider ❑ Other(s) [specify]
<br />(� "Applicable Law" means a11 controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and arders (that ha�e the effect of law) as well as a11 applicable final,
<br />non-appealable judicial opinions.
<br />(I� "Community Association Dues, Fees, and Assessments" means a11 dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Property by a condominium association, homeowners
<br />association or similaz 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 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 />(1Vn "Escrow Items" means those items that are described in Section 3.
<br />(1� '7VIiscellaneous Proceeds" means any compensation, settlement, award of damages, ar proceeds paid
<br />by any third pariy (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 a11 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) '1VIortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
<br />2200118370
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS
<br />�-6A(NE) tosio� Page 2 of 75 Initials; ��/ _
<br />�
<br />D V6ANE
<br />Form 3028 1l01
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