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20�109215 <br />(P, "Riders" zneans aI1 Riders to tlzis S�ty Instrument tliat aze executed by Borrower. Tb.e following Riders are <br />to be execuf�. by Borrower [check box as applicable]: <br />� Adjustable Rate Rider <br />[� Balloon Rider <br />� 1-4 Family Rider <br />� � Condominium Rider <br />� Planned Unit Development Rider <br />❑ BiweeI:ly Payment Rider <br />❑ Second Home Rider <br />❑ Other{s} [specify] <br />(� "Applicable Law" means aI1 controlling applicable federal, state and local statutes, regulations, ordinances and <br />adminisirative rules and orders (that have the effect of law) as well as all applicable fiaal, non appealable judicial <br />opinioas. <br />(K} "Community Association Dues, Fees, and Assessmenfis" means aII dues, fees, assessmenis and other charges <br />that are imposed on Borrower or the Property Uy a condominium association, homeowners association or similaz <br />organization. <br />(L) "Etectronic Funds Transfer" means any transfer of funds, othez than a tran,saction originated by check, draft. <br />or simiIar paper instr�ment, which zs initiated thrrough an electronic terminal, telephonic inshiiment, computer, or <br />magneric tape so as ta order, instruct, or authorize a financial institution to debit or cz�e@it an account. Such term <br />includes, but i,s not lzmzted to, poimt-of-sale t�ansfezs, autoznated telIer machine trar�sacrions, transfers iniriated by <br />telephone, wire transfers, and automated. clearinghouse transfers. <br />{M} "Escrow Items" means those items that are described ia Seciion 3. <br />(1� "M�scellaneous Proceeds" means any compensation, settlenzent, award of damages, oz pzoceeds paid by an.y <br />third party (other than insurance proceeds paid under the coverages described. in Section S� for: (i) damage to, or <br />desuuction of, rhe Property; �i) condemnation or other taking of all or a�+ part of the Property; {'iii} conveyance in <br />lieu of condemnarion; or (iv) xnisrepresentations of� or omissions as to. the value and/or condition of the Properry. <br />(0) �"Mortgage Insurance" means insuraace protecting Lender against the nonpayment of, or default on, the I.oan. <br />(P) "Periodic Payment" means the regularly scherluled amount due for (i) pzincipal and ivatezest under tlie Note, <br />plus (u) any amaunts under Section 3 of this Security Instnunent. <br />(� "RF.SPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing <br />regulation, Regalation X(24 C.F.R. Part 3500}, as they might be amended from time to time, or any additional or <br />sucx�ssor legislation or regulation that govez�,s the same subject matter. As used in this S�urity Instrument, <br />"RESPA" refers to ail re�uirements and restrictions that are imposed in regard to a"federally reIated mortgage loaa" <br />even if the Loan does not qualify as a"federally relaterl mortgage loan° undez 12ESPA. <br />(R) "Saccessor in Interest of Borrowc�" means any party that has taken ritte to the Property, whether or not that <br />party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />TRANSFER t7F RIGHTS IN THE PROPERTY <br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and <br />assigns) and the successors aud assigns of MERS. This Security Instrument secures to T.ender: (i) the repayment af <br />the Loan, and all renewals, extensions and modifications of the Note; and (u) the performauce of Borrower's <br />eovenants and agreements under this Security Jnstrumeat and the Note. For rIiis purpose, Borrower irrevocabIy grants <br />and conveys to Trustee, in trust, with power of sale, the following descri.bed properry Iocated in tb.e <br />COUNTY of �L • <br />rI'ype of Recording 7urisdictiom] <br />[Name of Recording Jurisdic6on] <br />LOT FOUR. (4), WOLFE'S SECOND SUBDIVISION, IN �iE CITY OF <br />GRAND ISLAr7D, HALL COUN'I'Y, NEBR.ASKA • <br />A.P.N.: 4001423$4 <br />which currently has the address of <br />GRAND ISLAND <br />I�iril <br />514 JOHNSUN PL <br />[street] <br />, Nebraska. 6 8 8 0 3 413 Z("Property Address"): <br />j2ip Codt] <br />�� . <br />NEBRASKA—Stngte Family--Fannie Mae/Freddie Mec UN(FORM INSTRUMEM - MERS Docddaglc� <br />Form 3028 1/09 Page 2 of 11 svww.doa»agic.com <br />r.�o�s.�a.m,u <br />