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<br />DEED OF TRUST
<br />200203.11E
<br />DEFINLTIONS
<br />c
<br />Wards used in multiple sections of this document are defined below and other words are defined in Sections 3,
<br />11, 13, 18, 20
<br />and 2l. Certain rules regarding the usage of words used in this document arc also provided in Section 16-
<br />(A) "Security lumnument" meant this document, which is dated ......... I ............. 0,3,;16, 2002..................._..
<br />... ..
<br />together
<br />with all Riders to this document.
<br />(B) "Borrower" is Frank Palo.MPRIN PRO N.anay Teresa Nannies, flu dirmllnd „Wild
<br />Burrower is the truster under this Security Instrument.
<br />(C) "Lander” is HentaBa Bank..... ... .._.. . _. _...... .._ ......... ........................
<br />Lender is a. Q.orpliglian.. .... _ .......... ................ organized and existing under
<br />the laws of dbAg1 nIIe. afN¢ pfaaka ... ............................... ......................... . Lender's address is ..13,3,3, Nal3h W,ohh Hp2d, P.O,.B.ax.5]99,
<br />Grand, Island..NE.. @9.60.2 ................... ......... ...........
<br />..... _ .... ............. ....,..... .........
<br />Lender is the beneficiary under this Security indication.
<br />(D) "1,ra ee Is Central National Bank ...... __,,,.,., ............................... _.. .. .. .. .....
<br />(E) "Note means the promissory note signed by Borrower and dated 011.13:2092 ..... .............. .. .The
<br />Note states that Borrower owes Lender sixty live thoasaod eight hutdtedl ty.and Poll 00 ._...... .._. _ . ..............
<br />Dollars (11. S. $ 55, ,8,50;0,0,,,,,,,,,,,,,,,,_....) plus interest. Borrower has promised to
<br />pay this debt in regular Periodic Payments and to pay the debt in full not later than .................
<br />4�Q tr20x12 ..................
<br />..... __...... ...._ .......... .__..... _ . ......... .............. ......... ........._
<br />(F) "Property" means the property that is described below under the heading " Transfer of Rights in the Property -"
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note,
<br />and all swim due under this Security Instrument, plus interest.
<br />(111) "Riders" means all Riders to this Security Iustranent that are executed by Borrower. The following Riders are to be
<br />executed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Bottum, Rider ❑ Planned Unit Development Rider ❑ Other(s) [specify] .......................
<br />❑ 1-4 Family Rider ❑ Biweekly Payment Rider
<br />(1) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules and orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions.
<br />(d) "Community Association Dims, Fees, and Assessments" means all dues, fees, assessments and other charges that are
<br />imposed on Burrower or the Property by a condominium association, homeowners association m similar organization.
<br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar
<br />paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to
<br />order, instruct, or authorvx a financial institution to dehit or credit an account. Such term includes, but is not limited to,
<br />point of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated
<br />clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3.
<br />(M) "Miscellsueous Proceeds" means any compemntiva, settlement, award of damages, or proceeds paid by any third party
<br />(other than insurance proceeds paid under the coverages described in Section 5) for. (i) damage to, or destruction of, the
<br />Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv)
<br />misrepresentations of, or omissions as to, the value and /or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan.
<br />(0) "Periodic Payment" means (be regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any
<br />amounts under Section 3 of this Security lnstument.
<br />(P) "RFSPA" meats the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation,
<br />Regulation X (24 C.P.R. Part 3500), as they might be amended from time to tire, or any additional or successor legislation or
<br />regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and
<br />restrictions that are unposed in regard to a " federally related mortgage Juan' even if the Loan does out qualify as a "federally
<br />related mortgage luau" under RFSPA.
<br />(Q) "Snccessor in Interest of Borrower" means any party that has takeu title to the Property, whether or not that party has
<br />assumed Borrower's obligations under the Note swifter this Security lostument.
<br />Form 3028 1 /01
<br />NEBRASKA— Single Family— Fannie Mae /Freddie Mac UNIFORM INSTRUMENT ( /�/ IIIIIIIIIIIII IIII IIIII IIIII IIII
<br />x0rnemglnc., e�. ClauC.MN term M a IN II 0 /1]/2000 . \tom Il y 111
<br />rel 10001 Ipr,I f7,e g" +J
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