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201103621
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201103621
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Last modified
5/25/2011 8:51:12 AM
Creation date
5/16/2011 8:52:56 AM
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DEEDS
Inst Number
201103621
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(�) "L' ender" is <br />U. S. Bank National association N. D. <br />Lender is a National Banking Association <br />organized and existing under the laws of <br />Lender's address as 205 West 4th St, ML: CN-OH-X6 <br />Cincinnati, OH 45202 <br />Lender is the beneficiary under this Security Instrument. <br />(D) "Trustee" is <br />5�3�i�F��I1� G� r C�+.� �� i� I� <br />201103621 <br />NORTH DAKOTA <br />(E) "Note" means the promissory note signed by Borrower and dated April 4, 2011 • <br />The Note states that Borrower owes Lender <br />Eighty-Six Thousand Two Hundred Ninety-Two and 00/l 00 Dollaes <br />(U.S. $ 86,292.00 ) plus inteeest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than April 8, 2026 • <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the <br />Note, and all sums due under this Security Instrument, plus interest. <br />(H) "Riders" means all Riders to this Security instrument that are executed by Borcower. The following Riders are to be <br />executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider <br />� Balloon Rider <br />❑ VA Rider <br />❑ Other(s) [specify] <br />❑ Condominium Rider ❑ Second Home Rider <br />❑ Planned Unit Development Rider ❑ 1-4 Famity Ridee <br />� Biweekly Payment Rider <br />(I) "Applicable Law" means all controlling applicabie federal, state and local statutes, regulations, ordinances and <br />administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. <br />(.n "Community Association 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, homeowners association or similarorganization. <br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar <br />paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to <br />order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point- <br />of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated <br />clearinghouse transfers. <br />(L) "Escrow items" means those items that are described in Section 3. <br />(M} "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party <br />(other than insueance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the <br />Property; (ii) condemnation or other taking of all or any part of the Property; (iii)conveyance in lieu of condemnation; or (iv) <br />misrepresentations of, or omissions as to, the value andJor condition of the Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii)any <br />amounts under Section 3 of this Security Instrument. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �^ �� <br />��-6(NE) (0817) Page 2 of 14 Ini6als: ` V�� a Form 3028 1/01 <br />DDS-NE9 <br />
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