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<br />(F) "Note" means the promissory note signed by Borrower and dated March 30, 2012. The Note states that Borrower
<br />owes Lender TWO HUNDRED FORTY-SEVEN THO SAND TWO HiJNDRED AND NO/100 Dollazs
<br />(U.S. $247,200.00) plus interest. Borrower has promised to pa this debt in regulaz Periodic Payments and to pay the
<br />debt in full not later than April 1, 2032.
<br />(G) "Property" means the property that is described below un � er the heading "Transfer of Rights in the Property."
<br />(I� "Loan" means the debt evidenced by the Note, plus interest any prepayment chazges and late charges due under the
<br />Note, and all sums due under this Security Instrument, plus int est.
<br />(I) "Riders" means a11 Riders to this Security Instrument that ar executed by Bonower. The following Riders are to be
<br />executed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium 'der ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit D velopment Rider ❑ VA Rider
<br />❑ 1-4 Family Rider ❑ Biweekly Paym t Rider
<br />❑ Other [Specify] -
<br />(� "Applicable Law" means all controlling applicable fede , state and local statutes, regulations, ordinances and
<br />administrarive rules and orders (that have the effect of law) well as all applicable final, non-appealable judicial
<br />opinions. '
<br />(I� "Community Association Dues, Fees, and Assessments" eans all dues, fees, assessments and other charges that
<br />are imposed on Borrower or the Properiy by a condominium iation, homeowners association or similat organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds other than a transaction originated by check, draft, or
<br />similar paper instrument, which is initiated through an elecUronic terminal, telephonic instrument, computer, or magnetic
<br />tape so as to order, instruct, or authorize a financial institution to ebit or credit an account. Such term includes, but is not
<br />limited to, point-of-sale transfers, automa.ted teller machine 'ons, transfers initiated by telephone, wire transfers,
<br />and automated clearinghouse transfers.
<br />(1Vn "Escrow Items" means those items that aze described in S
<br />(1� "Miscellaneous Proceeds" means any compensation, settl ent, awazd of damages, or proceeds paid by any third
<br />party (other than �n�*�nce proceeds paid under the coverages d 'bed in Section 5) for: (i) damage to, or destruction
<br />of, the Property; (ii) condemnation or other taking of ali or y part of the Properiy; (iii) conveyance in lieu of
<br />condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lend against the nonpayment of, or default on, the Loan.
<br />(P) KPeriodic Payment" means the regularly scheduled amoun due for (i) principal and intetest under the Note, plus �
<br />(ii) any amounts under Section 3 of this Security Instrument.
<br />(Q) "RESPA" means the Rea1 Estate Settlement Procedures ct (12 U.S.C. § 2601 et seq.) and its implementing
<br />regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or
<br />successor legislation or regulation that governs the same subject matter. As used in tUis Security Instrument, "RESPA"
<br />refers to all requirements and restrictions that are imposed in re ard to a"federally related mortgage loaa" even if the
<br />Loan does not qualify as a"federally related mortgage loan" un er RESPA.
<br />(R) "Successor in Interest of Borrower" means any party that �as taken ritle to the Property, whether or not that party
<br />has assumed Borrower's obligarions under the Note and/or this ecurity Instrument.
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />The beneficiary of this Security Instrument is MERS (solely as n muiee for Lender and Lender's successors and assigns)
<br />and to the successors and assigns of MERS. This Security ent secures to Lender: (i) the repayment of the Loan,
<br />and all renewals, extensions and modifications of the Note; d(ii) the performance of Borrower's covenants and
<br />NEBRASKA -Single Family-Fannte Mae/Freddie Mac UNIFORM INSTF
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<br />Borrower(s) Initials�
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