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<br />(K} "Commnnity Association Dnes, �ees, and Assessments" means all dues, fees, assessments and other
<br />char�es that ara imposed on Borrower or the Propecty by a candazninium association, horneowners association or
<br />similar organizaiion.
<br />(L) KEiectranic Funds Transfer" means any transfer of funds, other than a traszsaction originated by check,
<br />drai� or similar paper instrument, which is initiated throagh an electronic terminal, teiephanic insirurnent,
<br />computer, ar magnetic tape so as ta ocder, instcuct, or authorize a financial institution tt� debit or aredrt an
<br />account. Such term includes, but is not limited ta, point-of-sate transfers, autarnated teller machine iransactaons,
<br />trac►sfars initiated by telephone, wire transfers, and sutomated clearin�house transfers.
<br />(1V� �`Escrow Items" means those itenns that are described in Section 3.
<br />(1� KMisceilaneous Proceeds" means any compensation, settlement, award of damages, or pmceeds paid by any
<br />third pariy (other than insurance proceeds paid under the coveranes desan'bed in Section 5) for: (i} dama�e to, or
<br />destruction of, the Property; (ii) cnndemnation or othe�r taking of all or any part of tha �'roperiy; (iii} conveyance
<br />in lieu of condemnation; ox (iv} misrepresentations of, or amissions as to, tha value and/or condition of the
<br />�roperty.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default an, the
<br />Laan.
<br />(I'} "Peniadic Payment" means the re;ularly scheduled amount due for (i) principal and interest under the Nate,
<br />plus {ii) any amounts under Section 3 of this Security Instrument. �
<br />(Qj uR.ESPA" means t�►e Real Estate Settlement Procedures Act (12 U.S.C. §2501 et seq.) and its implementing
<br />regulation, Regulation X{24 C.P.R. Part 3500), as they mi;ht be amended frorn time to time, or arty additional or
<br />successor legisiation or reb lation that governs the same subject mat#er. As used in this Seaurity Tnsmtment,
<br />"RESPA" refers ta ali requirernents and restrictions that are irnposed in regard to a"federaliy related rno�aa�e
<br />loan" even if tha Loan does not qualify as a"federalty related mortgage loan" under RESPA.
<br />(R) "Succcssor in Interest of Borrower" means any party that has taken title to the Property, whether or not
<br />that pariy has assamed Borrower's obli ;atians under tha Note and/or this Security Instramen�
<br />TRANSPER OF RIGHT5 TN TH:E PR02'�RTY
<br />The beneficiary of this Security Iastrument is MERS (solely as nominee for I,ender and Lender's successors and
<br />assi�ns) and the successors and assi;ns of MERS. This Secu�ity Tnstrument secures to I.ender: {i) the repaymerrt
<br />ofthe Loan, and all renewais, extensiorts and madif cat4ons ofthe Note; and (ii} the performance of Borrower's
<br />covenants and agreements undar this Security Tnstrument and the Nate. Par this purpose, Borrawer
<br />irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />locatad in the Countv af I�ali
<br />[Type of Recording 7urisdiction] [Narne of Recording 7urisdictionj
<br />Lot Two (Zj, �Ieavenly Haven F'our#h Subdivisioa, Hall County, Nebraska.
<br />which currently has the address of3542 S Btaine
<br />[Slreet�
<br />Grand IsIand , Nebraska 68$Ol ("�roperty Acidress'�:
<br />[City] jZip Code]
<br />TOGETHER WI`TH all the improvements now or hereafter erected on the properiy, and all easernents,
<br />appurtenances, and fixtures now or hereafter a part of the property. Ail replacements and additions shall also be
<br />covexed by this Security Instrument. Atl of the foregoing is referred To in this Security rnstrument as the
<br />"Property." Borrawer understands and a,�ees that MERS holds only legal title to the interests granted by
<br />NEBRASKA—Single Pamrty—Faenie Mael�'reddic Mac C1Nl�'ORM 1NSTRUME1�tT (MERS) Form 30281/01 (page ? of 9 pagss)
<br />12439.CV (4t11) 4300102506 CrCgtivc 1'hiniting, tnC.
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