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201107770 <br />(I} "Riders" means atl Ridezs to this Security Tnstrument that aze executed by Borrower. The follawing Ridezs are <br />to be execv.ted by Borrower [checic bax as applicable]: <br />❑ Adjustable Rate Rider <br />� Ballaon Rider <br />� 1-� Family Rider <br />� Candominium Rider <br />� Planned Unit Development Rider <br />� Biweekly Payznent Ri�der <br />� Seconci Home Rider <br />❑ Oth�ar(s) [��3'] <br />(� "Applicabie Law" means all camxolling applicable federal, state and local statutes, regulations, ordinancQS aad <br />administrasive rules and orders (ihat ha.ve the efFe�t of law) as well as all applicable fina�., non-appealable judicial <br />opinions. <br />(I{} "Community Assocaation Dnes, Fees, and Ass�sments" means ail dues, fees, assessments and other char�es <br />tbat are imposed on Borrower or the Property by a conrlorninium association, ho�ownezs associ�at�on or similar <br />ozga�aiz�ati.on. <br />(L) °Electronic ltinds Transfer" means any lransfer of fimds, ather than a transaction originated by check, draft, <br />or similar paper instrume�, which is initiated through an ele.ctromic tez�o.inal, telephonic iu�a,sbnnm.emt, coznputer, or <br />magnetic tape so as to order, instruct, ar authorize a financial institution to debit or credit an acxount. Such term <br />includes, but is not limited to, point-af-sale transfers, automated teller machine transactions, taansfers i.ndtiated by <br />telephone, wize transfers, and automated clearinghouse transfers. <br />(Nn "Escrow Items" means those items tx►at aze desczx'bed in Section 3. <br />(1� "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proc�eeds paid bY �Y <br />tbird party {other than insurance proceeds paid under the coverages desczibed 'zn Secrion 5) for: (i) damage ta, or <br />destruction of, the Propemy; (ii) condemnauon or other taking of a1.1. or any part of the 1'ropezty; (iii) conveyance in <br />lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or candition of the Properry. <br />(O} "Mortg�ge Insurance" means insurance protecting Lender against the nonpaymern of, or default an, the Loan. <br />(P) "Periodic Paymea�t" nneaus the zegularly scheduled amount due for (i) principal and interest under the Nate, <br />plus (ii) any amounts undez Se.ction 3 of this Security Instrument. <br />(Q) "RESPA" means the Reat Estate Settlement Procedures Act {12 U.S.C. §2501 et seq.) and its implementing <br />regulation, Reguiation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or <br />successor Iegislation or regaFation that governs the same subject matter. As used in this Secu�rity Instnunent, <br />"RFSPA" refers to aU rec�uirements and restrictions tbat aze iurposed in regard to a"federally related naortgage loan" <br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA. <br />(R) "Sncoessor in Interest of Borrower" means any party tliat has taken title to the Property, whether or not that <br />party l�as assumed Boxrower's obligations under the Note and/or this S�urity Instrimaent. <br />TFiANSFER OF RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Tnstrument a.s MERS (solely as nominee foz Lender and Lender's successors �d <br />assigns) and the successoz�s aad assigns of MERS. Tlais Security Instrument secures ta Lender. (i) the repayment of <br />the Loan, and all renewals, exCensions and mod.ifications of the l�iote; and (ii) the performance of Borrower's <br />covenants aad agreements under t7�is S�urity Instcument and the Note. For Cliis purpose, Borrower irrevocably gr�mts <br />and conveys to Trustee, in tzvst, with power of saie, the following described properry loc�atetl in the <br />COUNTY of H�1.LL . <br />[Type of Recording Surisdiction] [Name of Reoordiag Jurisdicfion] <br />LOT SIX (6), WESTWOOD PARR EIGHTH SUBDIVTSION, IN THE CITY �F <br />GRAND ISLAND, HALL COUNTY, NEBR.ASKA <br />which ciuxetxtly has the address of <br />GR�ND ISLAND <br />[cny7 <br />4060 SANDALWOOD DR <br />[srreet7 <br />, Nebraska 6 8$ 0 3 <br />[� ��l <br />� � - -� <br />NEBRASKA—Single Family—Fannie Mae/Freddie Mec UNIFORM INSTRUMEiJT - MERS <br />Form 3�28 1/01 Page 2 of 11 <br />("Property Address"}: <br />� <br />Dacrt+lagtc r� <br />www_docmagic.com <br />Ne3028.muJ.�1 <br />