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201109029
<br /> (C) "Lender"is BNC NATIONAL BANK
<br /> Lender is a NATIONAL BANKING ASSOCIATION organized
<br /> and existing under the laws of UNITED STATES �
<br /> Lender's address is 20175 N. 67TH AVENUE, GLENDALE, ARIZONA 85308
<br /> 'Trustee"is INSIGHT TITLE COMPANY
<br /> m12101 WOODCREST EXECUTIVE DRIVE, SUITE 210, GREVE COEUR,
<br /> MISSOURI 63141 .
<br /> (E) '7VVIEERS"is Mortgage Electronic Regisiration Systems, Inc. MERS is a separate corporation that is acting
<br /> solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary under this Security
<br /> Instrument. MERS is organized and existing under the laws of Delaware,and has an address and telephone number
<br /> of P.O. Box 2026, Flint, MI 48501-2026, tel. (888)6�9-MERS.
<br /> (F� "Note"means the promissory note signed by Borrower and dated NOVEMBER 2 9, 2 011 .
<br /> The Note states that Bonower owes Lender ONE HUNDRED THIRTY—TWO THOUSAND AND
<br /> 00/100 Dollars(U.S. $ 132, 000 . 00 )
<br /> plus interest. Bonower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not
<br /> laterthan DECEMBER 1, 2041 .
<br /> (G) "Property"means the property that is described below under the heading"Transfer of Rights in the Property.°
<br /> (H} "Loan"means the debt evidenced by the Note,plus interest,any prepayment charges and late charges due under
<br /> the Note, and all sutns due under this Security Instrument, pius interest.
<br /> (n 'Riders"means all Riders to tius Security Instrument that are c�ecuted by Borrower. The following Riders are
<br /> to be e�cecuted by Borrower [check box as applicable]:
<br /> � Adjustable Rate Rider (� Planned Unit I�evelopment Rider
<br /> � Balloon Rider � Biweekly Payment Rider
<br /> � l-4 Family Rider � Second Home Rider
<br /> � Condomuuum Rider � Other(s) [specify]
<br /> VA Assumption Policy Rider
<br /> (� "Applicable Law"means all controliing applicable federal,state and local statutes,regulations, ordinances and
<br /> administrative ruies and orders(that have the effect of law) as well as all applicable final, non-appealable judicial
<br /> opinions.
<br /> (I� "Community Association Dues,Fees,and Assessments"means all dues, fees, assessments and other charges
<br /> that are imposed on Borrower or the Property by a condominium association, homeowners association or similar
<br /> organization.
<br /> (L) "Electronic Funds Transfer"means any transfer of funds, other than a transaction originated by check, draft,
<br /> or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or
<br /> magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term
<br /> includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by
<br /> telephone, wire transfers, and automated clearinghouse transfers.
<br /> (Nn "Escrow Items"means those items that are described in Section 3.
<br /> (1� 'ZVIiscellaneous Proceeds"means any compensation, settlement, award of damages, or proceeds paid by any
<br /> third party(other than insurance proceeds paid under the coverages described in Section 5)for: (i) damage to, or
<br /> destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii)conveyance in
<br /> lieu of condemnation; or(iv)misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br /> NEBRASKA-Single Family-UNIF�RM INSTRUMENT Dnr.Nlaglc�
<br /> MODIFIm FOR DEPARTMENT OF VET�ANS AFFAIRS-MERS �vww.docmagic.com
<br /> (Rev. 1/01) Page 2 of 14
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