201105790 - Laserfiche WebLink

Browse

20��05790 (C�'Z.ender"is Union Bank and Trust Company Lender is a Commerci al Bank organized and elcisting under the laws of M e b r 8 S k a Lender's address is 4243 Pi oneer Woods Drj ve Li ncol n NE 68506- (D)'�rnstee"is Union Bank & Trust Company (E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely as a nominee for Lender and Lender' s successors and assigns. MERS is the beneficiary under this Secnrity Instrument. MERS is arganized and elcisting under the laws of Delaware, and has an address and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS. (F� 'T�Tote" means the promissory note signed by Borrower and dated J u 1 y 29 , 2011 . The Note stat� that Borrower owes Lender 0 PI E H U N D RED 0 N E THO U SAN D E I GHT H U N D RE D AND 00/100 Dollars (U. S. $ 1 O 1, 80 0. 0 0 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than Septembe r 1, 2026 . (G) "Property" means the property that is d�scribed below under the heading "Transfer of Rights in the Properl.y." (� 'Zo�n" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (I) 'Ztiders" means all Riders to this Security Instrument that are executed by Bonower. The following Riders are to be exe�uted by Bonower [check box as applicable]: � Adjustable Rate Rider 0 Condominium Rider 0 S�ond Home Rider 0 Balloon Rider � Planned Unit Development Rider 0 1-4 Family Rider 0 VA Rider 0 Biweekly Payment Rider � Other(s) [sp�ifY] (� "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (I� "Community Association Dnes, Fees, and Assessments" means all dues, fces, assessments and other charges that aze imposed on Borrower or the Property by a condominium association, homeowners associarion or similar organization. (L) "Electronic Funds Transfer" means any transfer of funds, other thau a transaction originated by check, draft, or similar paper instrument, wluch is initiated through an el�tronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale iransfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (M) "Escrow Items" means those items that are described in Section 3. (1� "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance procee�s paid under the coverages described in Section 5) for: (i) damage to, or d�truction o� the Property; (ii) condemnation or other taking of a11 or any pazt of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (0) "Mortgage Insarance" means insurance protecting Lender against the nonpayment o� or default on, the Loan. 11-06-000228 NEBRASKA - Single Family - Fannie AAae/Freddie Mac UNIFORAA INSTRUMENT IRI�FFf,IwJ,ER�S, r6 _ �-6A(NE) (0810) Page2 of 15 Initial � �� Form 3028 1101 �