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2� 1 ��2832 <br /> (E} "1Vate"means the promissory note signed�y Borrower and dated Apri��5, �D 16. The N�te <br /> states that Borrower owes Lender flne hundred two thousand five hundred and��I1��I]ollars�IJ.S. <br /> $1�2,5��.4D}�lus interest. B�rrower has promised to pay this deht in r�gular Period�c Payments <br /> and t�pay the debt in full nat later than May 1,2431. <br /> (F) "Property"m�ans th�praperty that is described below under the heading "Transfer of Rights in . <br /> the Praperty." <br /> (�) "Loan"means the debt evidenced by the Nate,plus interest, any prepayment charges ar�d lat� <br /> charges due under the Nate, and all sums due under this Security Instrument,plus interest. <br /> (I� "Riders"means all Riders to this Security Instrument that ar�executed by Borrower. Th� <br /> following Riders are to be e�ecuted by Barrower [check box as applicable]: <br /> ❑ Adjusta.ble Rate Rider ❑ Condominium Rider ❑ Second Home Rider <br /> ❑ Ba11�on Rider ❑ Planned Unit Development Rider ❑ �-4 Family Rider <br /> ❑ VA Rider ❑ Biweekly Payment Rider ❑ �ther(s} �specify] <br /> (I} "�4pplicable Lcaw"means a��controlling applica�le federal, state and lacal sta.tutes,regulatians, <br /> flrdinances and administrati�e rules and orders�that have the effect of law)as well as all applicable <br /> f�nal,nan-appealable judicial apini�ns. <br /> (J} "�'�mmunity 14ssaciat�ion 1]ues, Fees, and 14ssessments"means all dues, fees, assessments <br /> and ather chaxges that are impased on Borrower or the Property by a condom�nium associati�n, <br /> home�wners association or similar organization. <br /> �K} "�lectr�rtic Funds Transfer"means any transfer of funds,ather than a transaction originated <br /> by check, draft, ar similar paper instrument,which is in�tiated through an electronic terminal, <br /> telephonic instrument, computer, or magnetic tape so as to arder, instruct, or authorize a financial <br /> institution to debit or credit an account. �uch term includes,but is not limited to,�oint-of-sa�e <br /> transfers, autamated teller machine transactions,transfers initiated by telephone,wire transfers, and <br /> automated clearinghouse transfers. <br /> (L} "�sc��w Items"means those items that are described in Secti�n 3. <br /> �N� "Mrscellaneous�raceeds"means a.ny campensation, settlement,award of damages,�r <br /> proceeds pa�d by any third party(other than insurance proceeds paid under the co�erages d�scri�ed <br /> in Secti�n 5}far: ��}damage ta, or destruction of,the Pr�per�y;(ii�condemnati�n�r ather ta.king of <br /> all or any pa.rt of the Praperty; (iii}conveyance in lieu of condemnati�n;�r�i�}misr�pr�senta.t�ons <br /> of,or omissions as to,the value andlor condition af the Property. <br /> [N} "M�rtgage Insurance"means �nsurance protecting Lender against the nonpayment of, or <br /> defau�t on,the Loan. <br /> (�) "Periodic Payment"means the r�gularly scheduled amount due for(i}principal and interest <br /> under the Note,plus�i�}any amounts under Secti�n 3 of this Security Instrument. <br /> (P} "RES'P14"means the Real�sta�e Settlement P�ocedures 14�t�(12 U.S.�. S�ct�on 2��1 et <br /> se�.�and its implementing regu�ation,Regulation�(12�.F.R. Part 1��4},as they might be <br /> amended fr�m time ta time, or any additiona�or successor legislation or regu�ation that governs <br /> the same subject matter.As used in this Security Instrument,RESPA refers ta all requirements and <br /> 230D401232 <br /> NEBRASKA-SEr�gle Family-Fannie MaelFreddie Mac UNIFQRM lNSTRUMENT Form 3�281101 <br /> VMP� ❑SIZa15 <br /> Wolters Kkuwer Financial Servi�es 2a1 fi�42116.1.�.3454-N2�'�5'i 019N Page 2 of 16 <br />