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201108403
<br />451110813
<br />in Section 16.
<br />(A) "Security Instrument" means this document which is dated NOVEMBER 1, 2011 together with all
<br />Riders to this document.
<br />(B) "Borrower" is DIANN SANDBERG, A SINGLE PERSON. Borrower is the trustor under this
<br />Security Instrument.
<br />(C) "Lender" is CENTRAL NATIONAL BANK. Lender is a NATYONAL BANK organized and existing
<br />under the laws of UNITED STATES OF AMERICA. Lender's address is 802 N. WASHINGTON
<br />STREST, JUNCTION CITY, KS 66441.
<br />(D) "Trustee" is CENTRAL NATIONAL BANK.
<br />(E) "MERS" is Mortgage Electronic Registration Systems, 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 beneficiary under
<br />this Security Instrument. MERS is organized and existing under the laws of Delaware, and has an address
<br />and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated NOVEMBER 1, 2011. The Note
<br />states that Borrower owes Lender SEVENTY THOUSAND AND 00/100 Doliars (U.S.
<br />$78, 000 . 00) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay
<br />the debt in full not later than NOVEMBER 1, 2041.
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(H} "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges
<br />due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(I). "Riders" means ail Riders to this Security Instrument that are executed by Borrower. The following
<br />Riders are to be executed by Borrower [check box as applicableJ:
<br />❑ Adjustable Rate Rider
<br />❑ Balloon Rider
<br />O 1-4 Family Rider
<br />� VA Rider
<br />❑ Condominium Rider ❑ Second Home Rider
<br />❑ Planned Unit Development Rider � Biweekly Payment Rider
<br />❑ Other(s) [specify]
<br />(.n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative ruIes and orders (that have the effect of law) as well as all applicable final, non
<br />-appeatable judiciai opinions.
<br />(K) "Comrrtunity Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower 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 check,
<br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument,
<br />computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an
<br />account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine
<br />transactions, transfers initiated by telephone, wire transfers, and automated cPearinghouse transfers.
<br />(M) "Escrow Items" means those items that are described in Section 3.
<br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by
<br />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 taking of all or any part of the Property;
<br />(iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or
<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />Modified for VA
<br />� 338.5 Pagc 2 of 14 Form 30281/01
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