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(D) "Tru tee" is First American Title Insurance Company.
<br />2 01704342
<br />LOAN #: 046238
<br />(E) "ME • S" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is
<br />acting sol ly as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary
<br />under thi. Security Instrument. MERS is organized and existing under the laws of Delaware, and has
<br />an addre•s and telephone number of P.O. Box 2026, Flint, MI 48501 -2026, tel. (888) 679 -MERS.
<br />(F) "Not: " means the promissory note signed by Borrower and dated June 29, 2017.
<br />The Note states that Borrower owes Lender ONE HUNDRED NINETY FIVE THOUSAND AND
<br />NO /100* * ***************************** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * **
<br />* * * * ** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Do
<br />(U.S. $1 5,000.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payment and to pay the debt in full not later than July 1, 2047.
<br />(G) "Pro • erty" means the property that is described below under the heading "Transfer of Rights in
<br />the Prope y."
<br />(H) "Loa " means the debt evidenced by the Note, plus interest, any prepayment charges and late
<br />charges d e under the Note, and all sums due under this Security Instrument, plus interest.
<br />(1) "Rid ors" means all Riders to this Security Instrument that are executed by Borrower. The following
<br />Riders ar= to be executed by Borrower [check box as applicable]:
<br />❑ Ad ustable Rate Rider ❑ Condominium Rider ❑ SecondHomeRider
<br />❑ Ba loon Rider ❑ Planned Unit Development Rider ❑ Other(s) [specify]
<br />❑ 1 Family Rider ❑ Biweekly Payment Rider
<br />V.'. Rider
<br />(J) "Appl'cable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinance and administrative rules and orders (that have the effect of law) as well as all applicable
<br />final, non- ppealable judicial opinions.
<br />(K) "Corn unity Association Dues, Fees, and Assessments" means all dues, fees, assessments and
<br />other char , es that are imposed on Borrower or the Property by a condominium association, homeowners
<br />associatio or similar organization.
<br />(L) "Elec ironic Funds Transfer" means any transfer of funds, other than a transaction originated by
<br />check, dr -ft, or similar paper instrument, which is initiated through an electronic terminal, telephonic
<br />instrumen , computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit
<br />or credit a account. Such term includes, but is not limited to, point -of -sale transfers, automated teller
<br />machine t ansactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />(M) "Escr • w Items" means those items that are described in Section 3.
<br />(N) "Misc Ilaneous Proceeds" means any compensation, settlement, award of damages, or proceeds
<br />paid by an third party (other than insurance proceeds paid under the coverages described in Section
<br />5) for: (i) mage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part
<br />of the Pro. erty; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as
<br />to, the val e and /or condition of the Property.
<br />(0) "Mort y age Insurance" means insurance protecting Lender against the nonpayment of, or default
<br />on, the Lo n.
<br />(P) "Peri • dic Payment" means the regularly scheduled amount due for (i) principal and interest under
<br />the Note, • lus (ii) any amounts under Section 3 of this Security Instrument.
<br />(Q) " RES'A" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its
<br />implement ng regulation, Regulation X (12 C.F.R. Part 1024), as they might be amended from time to
<br />time, or an, additional or successor legislation or regulation that governs the same subject matter. As
<br />used in thi . Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed
<br />in regard t. a "federally related mortgage loan" even if the Loan does not qualify as a "federally related
<br />mortgage I•an" under RESPA.
<br />(R) "Succ - ssor in Interest of Borrower" means any party that has taken title to the Property, whether
<br />or not that •arty has assumed Borrower's obligations under the Note and /or this Security Instrument.
<br />TRANSFE OF RIGHTS IN THE PROPERTY
<br />The benef ciary of this Security Instrument is MERS (solely as nominee for Lender and Lender's
<br />successor • and assigns) and the successors and assigns of MERS. This Security Instrument secures
<br />to Lender: i) the repayment of the Loan, and all renewals, extensions and modifications of the Note;
<br />and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and
<br />the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of
<br />NEBRASKA- Single Family -- Fannie Mae /Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01
<br />Ellie Mae, Inc Page 2 of 11
<br />NEEDEED 0315
<br />NEEDEED (CLS)
<br />06/23/2017 09:43 AM PST
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