|
�i
<br />� •
<br />� � �
<br />� �� �
<br />� �
<br />� ��r �
<br />� r�� �
<br />_� ��
<br />�
<br />�
<br />��
<br />�
<br />:�7
<br />�
<br />G
<br />Z
<br />;°� C1 G
<br />�•rr � �
<br />� _
<br />� I
<br />r���
<br />� �;
<br />�\
<br />�
<br />Q
<br />[Space Above This Line For Recording pata]
<br />r� �"�'i i
<br />� � � �
<br />_, r_ � ._.� C.�
<br />_"{� � � —�-� N "�,�
<br />\
<br />-:::� � rr-� _, � rr1 1�'7
<br />�n � � � �.{ � � �
<br />C `�f� �,j Q ^rt F---" ("�
<br />-.� GO � �
<br />�-y 7"`i- � f'r�l � L
<br />rn � "� --� �- �s7 � �
<br />� � �� �
<br />� A Ct� C
<br />P1J � UD m
<br />� � � C1 - i `�-' "�
<br />� � � 2
<br />CY? O
<br />DEED �F TRUST `�'
<br />��
<br />D�;NINITIONS �>
<br />�. l
<br />Words used in multiple sections of this dc�cument are defined helow and other wi�rds arc defined in Secticins 3, 11, 13, 18, 20
<br />and 21. Certain rules regarding the usage of words used in this clocument are also provicicd in Section lfi.
<br />(A) "Security Instrument" means this document, which is dakcd . . . . . . . . . . . . . . . . . . . ..... J?; 27. 2U1_0. _ , , , , , , . . . . . . . . . , . , , . . . . . . , . , together
<br />wilh all Riders to this document.
<br />(33) "Borrower" is ,A4ExAN�ERC._MICHELAN��EAH.P..MICWEL,HUSBANq.I�NpWIFf,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
<br />......................................................................................................................................................... .
<br />Borrower is the trustor under this Security Ia��trun�ent.
<br />(C) " Lender" is BA NK OF �ONIPHAN ................. ..................................................................................... .
<br />.......... .........
<br />Lender is a.GOfiPQRATION ........................................................................................... c�rg�ni'r,cd and existing un�ler
<br />the laws of .TH� STAT.� OF �y��RA�KA ............................ ..... .. ..... . I, cndcr's address is . P, 0. BQX 270, pONIPHAN, N€, 68832
<br />......................................................................................................................................................... .
<br />Lender is the beneficiary under this Security Instrument.
<br />(D) "Trustee" xs WEST GAT� BANK, 60p3 CHENfY ROAD NE
<br />...................................................................... .
<br />(E) "Note" means the promissory note signed by Borrower ancl clxted ?.�•27•�01 U . . . . . ... . . . . . . . ... .. . . . . . . . . . . . . . . . . . . . . . . . . . .
<br />...... . T'he
<br />Note states that Borrower owes Lender N�N�TY.EIGNT.THOU.SAI�R.�I�.yT.H�,NOft�4AN.RN4l10P ......................................................
<br />.................................................. Uollai;s (U.S. $................................. Plus int�rest. Borrower has promiscd Co
<br />.)
<br />pay this debt in regular Periodic Payments and to pay the debt in f�.�ll ��cil later th�n .....................D1:p1:20�1.....................
<br />. ............................................................................. .
<br />(F) "Property" means the property that is described helow undcr the heading "Transfer of Rights in the Property,"
<br />(G) "Loan" means the debt evidenced by the Ncite, plus interest, any prepayment charges an�l late charges d�rc under the Note,
<br />and all sums due under this Security Instrumcnt, plus intcrctit,
<br />(H) "Riders" tneans all Riders to this Security Instxument that are execute� hy Tiorrower. The fc�llowing I�iders are to be
<br />executed by Bort'ower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Ccmdominium Rider f I Second H<ime Rider
<br />(-7 Balloon Rider ❑ F'lanned Unit Ueveloprnent Rider ❑ Other(s) [specify] .......................
<br />❑ 1-4 Family Rider ❑ Biweekly Payment Rider
<br />(I) "Applicable Law" means all controlling applic;ablc federal, state and local statutes, regiilations, ordinances arid
<br />administrative rules and orders (that have the effccc of law) as well �s �11 applic�ble final, non-a�pealable judicial opinions.
<br />(J) "Community Association Dues, Fees, and Assessments" means all C�L1�5, fees, assessments and other charges thac arc
<br />irnposed on $orrower or the Property by a condominium association, homeowners association or similar organization.
<br />(K) "Eleetronie Funds Transfer" means any transfer of funds, c�ther than � transactirm originate�l by check, dr�ift, c�r similar
<br />paper instrument, which is initiated through an electrnnic terminal, telephc�nic instrument, c��rnputer, or rnagnetic tape sc� as to
<br />order, instruct, or autharize a finaneial in�titutic,n tc� clehic or credit an account. Such term inclucles, hut is nc�t limitecl to,
<br />point-of-sale transfers, automated tell�r m�chinc ttantiactions, ttansfcrs initiatc�l by telephr�ne, wire transfers, and aut<�rnatecl
<br />cleaaringhouse transfers.
<br />(L) "Escrow Items" means those items that ar� dcscribed in Sectic�n 3.
<br />(M) "Miscellaneous Proceeds" means any cciznpensation, settlement, award of damages, or proceeds paid by any third party
<br />(other than insurance proceeds paid und�r khe covcra�eti descrihcd in Sectic�n 5) for: (i) damage to, c�r destruction of, the
<br />Property; (ii) condemnation or other taking of �ll or any part c>f thc Prciperty; (iii) conveyance in lieu of condem�a�tion; or (iv)
<br />misrepresentaticros of, or omissions as to, the value and/or ccmditic�n cif th� Prc�perty.
<br />(N) "M�rtgage lnsuranee" means insurance protecl.ing Lcncler against the nc�npayment of, or default on, the Loan.
<br />(0) "Periodic Payment" means the regularly scheduled amount duc ti�r (i) principal and interest i�nder tlie Not:e, �1�.�5 (ii) any
<br />amounts under Section 3 of this Security Instn�ment.
<br />(P) "RCSPA" means the Rea1 �state Settlement Procedurcti Act (12 iT.S.(:'. §2601 et sey.) and its iinplczacacntin� regulation,
<br />Regulation X(24 C.F.R. Part 3500), as they might be �mcnded fre>m time to tirne, or any additional or successor lcgislation or
<br />regulation that governs the satTae subject matter. As used in lhis Scc�.�rity Tnstrument, "IZ�,51'A" rcfets tc> all reyuirernents and
<br />restrictions that are unposed in regard to a"federally related mortgagc lcian" even if the Loan dcies not yualify as a"feclerally
<br />related mortgage loan" under RESP�1,.
<br />(Q) "Successor in Interest of Borrower" means any party that hati taken title to the Pronerty, wheik�er ��r not that party has
<br />assumed Borz'ower's obligations undur the Note and/or this Security Inst.r�.m�ent.
<br />NEBRASKA—Single Family—Fannie Mae�Freddie Mac UNIFORM INSTRUMENT /�
<br />6ankers Systems, Inc., St. Cloud, MN Fnrm M�-1-NE 8l17/2000 � � ���A
<br />ref: 1/2001 (pn,qr I nf 7 pngr.c) _����� �
<br />Form 3028 7 (b 1
<br />I I��IIII I III IIII IIIIII II I II I III
<br />� J B 2 A 0
<br />
|