� ; r :, ; �,
<br />(C) "Lender" is Un i on Bank and Trust Company
<br />Lender is a Commercial Bank
<br />organized and existing under the laws of Nebraska
<br />Lender's address is 4243 P i oneer Woods Dr i ve L i nco l n NE 68506 -
<br />(D) "Trustee" is Un i on Bank & Trust Company
<br />(E) "MERS" is Mortgage Electronic Registration Sqstems, Inc. MERS is a separate corporation that is
<br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneYciary
<br />under this Security Instrument. MERS is or�anized 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 />(� "Note" means the promissory note signed by Borrower and dated September 15 , 2011 .
<br />The Note states that Borrower owes Lender N I NETY FOUR THOUSAND F I VE HUNDRED AND
<br />00/ 100 Dollars
<br />(U. S. $ 94 , 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 October 1, 2041 .
<br />(G) "Property" means the property that is described below under tha heading "Transfer of Rights in the
<br />Property. "
<br />(� "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges
<br />due under the Note, and all sums dua under this Security Instrument, plus intarest.
<br />(n "Riders" means a11 Riders to this Securiry 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 [] Condominium Rider 0 Secaond Home Rider
<br />0 Batloon Rider � Planned Unit Development Rider � 1-4 Family Rider
<br />� VA Rider � Biweekly Payment Rider � 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 all applicable �ina1,
<br />non-appealable judiciai opinions.
<br />(I� "Community Association Dues, Fees, and Ass�ssments" means all dues, fees, assessments and other
<br />chazges that are imposed on Borrower or the Property by a condominium as�ciation, homeowners
<br />association or similaz organization.
<br />(L) "Electronic �nds Transfer" means any transfer of funds, other than a transaction originated by
<br />check, draft, or sinnilar 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 />(1Vn "Escrow Items" means those items that aze 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 ta.king of all or any part of the
<br />Property; (iii) conveyance in lieu of c;ondemnation; or (iv) misrepcesentations of, or omissions as to, the
<br />value and/or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender aga.inst the nonpayment of, or default on,
<br />the Loan.
<br />11-08-000272
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS
<br />�-6A(NE) (oe�o) Page2 of 15 innia�s: Form 3028 1/01
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