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201104665
<br />(C)'�.ender"is Bank of the West, a California state banking corp.
<br />Lender is a corporation
<br />organized and existing under the laws of The 3tate of California •
<br />Lender's address is 13505 California 3t, NE-BBP-LL-P, Omaha, NE 68154
<br />(D)'Trustee"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 succ�sors 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 />(� '7�Tote" means the promissory note signed by Borrower and dated June 20 , 2011 .
<br />The Note states that Borrower owes Lender Sixty Thousand And Zero/100
<br />Dollars
<br />(U.S. $ 60, 000 . 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 July 01, 2041
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(� 'Z.oan" 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 />(n "Riders" means all Riders to this Security Instrument that are executed by Bonower. The following
<br />Riders are to be ex�uted by Bonower [che�k box as applicable]:
<br />0 Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider
<br />0 Balloon Rider � Planned Unit Developrnent Rider � 1-4 Fanuly Rider
<br />� VA Rider � Biweekly Payment Rider 0 Other(s) [specify]
<br />(� "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have 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 similar organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by
<br />checic, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic
<br />instrument, computer, or magneric 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 '�scrow Items" means those items that are described in Section 3.
<br />(1� "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid
<br />by any 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) condemnation 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) '2VIortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
<br />8801005321 8801005321
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WIT�HI���
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