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20�105114 (C} "Lender" is U. S. Bank National Association N. D. Lender is a National Banking Association orga.nized and existing under the laws of Lender's address is 205 Wesf4th St, ML: CN-OH-X6 Cincinnati, OH 45202 Lender is the beneficiary under this Security Instrument. (D} "Trvstee" is SERVICELINK NORTH DAKOTA (E) "Note" uleans the promissory note signed by Bonower and dated June 29, 2011 � The Note states that �onower owes Leader Seventy-One Thousand Five Hundred and 00/100 Dollars (U.S. $ 71,500.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay khe debt in full not later than July 5, 2041 - (� "Property" means the property that is described below under the headiag "Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment chazges and late charges due under the Note, and all sums due under this Security Instrument, plus interest (� "Riders" means all Riders to ttris Security Instrument that aze executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: ❑ Adjustable Rate Rider � Balloon Rider � VA Rider ❑ Other(s) [specify] ❑ Condominium Rider ❑ Second Home Rider ❑ Planned Unit Development Rider ❑ 1-4 Family Rider � Biweekly Payment Rider (n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrarive rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (� "Commnnity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similazorganizarion. (I� "Electronic Fands Transfer" meaffi any transfer of funds, other than a transaction originated by check, draft, or similaz paper insmiment, which is initiated tt�rough an electronic terminal, telephonic instzument, computer, or magnetic tape so as to order, insttvct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point- of-sale transfers, automated teller machine transactions, traasfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Itema" means those items that are described in Section 3. (1Vn "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid by any third pariy (other than insurance proceeds paid under the coverages described in Section 5) for. (i) damage to, or destruction of, the Property; (ri) condemnarion or other taldng of all or any part of the Property; (iii)conveyance in lieu of condemnation; or (iv) misrepresentarions of, or omissions as to, the value and/or condition of the Property. (1� "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (n)any amounts under Section 3 of this Security Instrumen� NEBRASKA - Single Famiy - Fannte Mae/Freddte Mac UNIPORM INSTRUMENT f p�� ��.�N� (0811) Pege 2 of 14 ��: �B /� Form 3028 1/01 DDS-NE9