|
20�102512
<br />(F) "Note" means the promissory note signed by Borrower and dated March 21, 2011. The Note states that
<br />Borrower owes Lender Seventy Six Thousand Three Hundred Fifty and 00/100ths Dollars (U.S. $76,350.00)
<br />plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not
<br />later than April l, 2041.
<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 due
<br />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 />❑ Adjustable Rate Rider
<br />❑ Balloon Rider
<br />❑ I-4 Family Rider
<br />❑ Other(s) [specify]
<br />❑ Condominium Rider ❑ Second Home Rider
<br />❑ Planned Unit Development Rider ❑ Biweekly Payment Rider
<br />❑ Revocable Trust Rider
<br />(.n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances
<br />and administrative tules and orders (that have the effect of law) as well as all applicable final, non-appealable
<br />judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Properiy by a condominium association, homeowners association or
<br />similar organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check,
<br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer,
<br />or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such tertn
<br />includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by
<br />telephone, wire transfers, and automated clearinghouse 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 by
<br />any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to,
<br />or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance
<br />in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the
<br />Loan.
<br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the
<br />Note, plus (ii) any amounts under Section 3 of this Security instrument.
<br />(Q) uRESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its
<br />implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any
<br />additional or successor legislation or regulation that governs the same subject matter. As used in this Security
<br />Nebraska Deed of Trust—Single Family—Fannie Mae/Freddie Mac Uniform instrument Form 3028 1/Ol
<br />MERS Modified •
<br />The Compliance Source, Inc. Page 2 of 14 Modified by Compliance Source 14301 NE 08/00 Rev. 04/OS
<br />www.compliancesource.com �OZ000, The Compliance Source, lnc.
<br />I I I' I I I I I I I I' I I I I I I I I I I" I I I' I I I I I I I I I I I( I I I I I" I I I I I I I I I I I I I I I I I I I I' I I I I I I' I I I I I I I I I I I I I I I I I I I I I I I I' I I I I I I I I I I I" I
<br />�+ O Z 7 9 4 7 4 6 1 3+ O O A D+ 2+ 1 4�
<br />
|