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201105362 <br />(C) "Lender" is II. S. Bank N.A. <br />Lender is a National Association <br />organized and eacisting under the laws of <br />Lender's address is 4801 Fred�rica <br />The IInited States Of America <br />Street, Owensboro, KY 42301 <br />(D) "Trustee" is Mr . Thomas Locher <br />2002 Douglas Street, 200 The Omaha Club, Omaha, NE 68102 <br />{E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is <br />acting solely as a nomiaee for Lender aud Lender's successors 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 />(F) "Note" means the prornissory note signed by Bonower and dated 07/15/2011 . <br />The Note states that Borrower owes Lender Fifty-Nine Thousand Five Hundred and <br />00/100ths Dollars <br />(U.S. $ 59, 500. 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 August Ol, 2026 . <br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(I� "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late chazges <br />due under the Note, and a11 sums due under this Security Instrument, plus interest. <br />(n 'Riders" means all Riders to t}us Security Instrument that are executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider 0 Condominiurn Rider � Second Home Rider <br />0 Balloon Rider � Planned Unit Development Rider 0 1-4 Family Rider <br />� VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] <br />(,n "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 all applicable fmal, <br />non-appealable judicial opinions. <br />(I� "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Bonower 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 />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic <br />instrument, computer, or magnetic 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 />(iVn "Escrow Items" means those items that are described in Section 3. <br />(l� "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than insurance praceeds paid under the coverages described in Section 5) for: (i} <br />damage to, or destruction of, the Property; (ii) condemnation or other taking of alt or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value ancUor condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />2200138819 <br />N�RASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WIT M S <br />�-s�1�N� IOS10) Page 2 of 15 initial . <br />Q <br />D V6ANE <br />Form 3028 1/01 <br />