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�p��0499� <br />(C)"Lender"is Union Bank and Trust Company <br />Lender is a Commerci al Bank <br />organized and elcisting under the laws of N e b r' a s k a <br />Lender's address is 4243 Pi oneer Woods Dr9 ve Li ncol n NE 68506- <br />(D) "Trustee"is Union Bank & Trust Company <br />(E) '2VIERS" 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�ssors and assigns. MERS is the bene�ciary <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 />(� 'T1ote" means the promissory note signed by Bonower and dated J u n e 2 7, 2 011 . <br />The Note states that Borrower owes Lender S E V E NTY TH RE E TH 0 U SAN D AN D 00 / 100 <br />Dollazs <br />(U. S. $ 7 3, 0 0 0. 0 0 ) plus interest. Bonower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than J u 1 y 1, 2 0 2 6 . <br />(G) 'Troperty" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(� "Loan" means the debt evidenced by the Note, plus interest, any prepayment chazges 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 S�urity Instrument that are ex�uted by Borrower. The following <br />Riders are to be executed by Borrower [ch�k box as applicable]: <br />0 Adjustable Rate Rider � Condominium Rider � Second Home Rider <br />� Balloon Rider � Planned Unit Development Rider 0 1-4 Family Rider <br />� VA Rider � Biwe�kly Payment Rider � Other(s) [specify] <br />(,n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinanc�s and administrative rules and orders (that have the efFe�ct of law) as well as all applicable final, <br />non-appealable judicial opinions. <br />(I� "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that aze imposed on Borrower or the Property by a condominium association, hom�wners <br />association or similar organization. <br />(L) "Electranic Funds Transfer" means any transfer of funds, other than a transaction originated by <br />ch�k, draft, or similar paper instrument, wluch is initiated through an electronic terminal, telephonic <br />instrument, computer, or magneric tape so as to order, instruct, or authorize a financial insritution to debit <br />or cr�it 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 />(Nn '�scrow Items" means those items that are described in Section 3. <br />(1� '2Vliscellaneous Proceeds" means any compensation, settlement, awazd of damages, or pr�eds 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 Pfoperly; (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) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />11-05-000157 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS <br />�-6A(NE) (oa�o) Page2 af 15 miciais: � Form 3028 1/01 <br />� <br />