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Lender is a Commercial Bank,
<br />under the laws of Nebraska.
<br />Lender's address is 6003 Old Cheney Road, Lincoln, NE 68516.
<br />(D) "Trustee" is West Gate Bank.
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is
<br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary
<br />under this Security Instrument. MERS is organized and existing under the laws of Delaware, and has
<br />an address and telephone number of P.O. Box 2026, Flint, MI 48501 -2026, tel. (888) 679 -MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated January 5, 2018.
<br />The Note states that Borrower owes Lender ONE HUNDRED SEVENTY TWO THOUSAND SIX
<br />HUNDRED SIXTY FOUR AND NO/ 100*********** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * **
<br />*******************+********** * * * ** * * * * * * * * * * * * ** * * * * ** * * ** ** ** Dollars
<br />(U.S. $172,664.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than February 1, 2048.
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(H) "Loan" means the debt evidenced by the Note, plus interest, late charges due under the Note, and
<br />all sums due under this Security Instrument, plus interest.
<br />(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider Int Planned Unit Development Rider
<br />❑ Other(s) [specify]
<br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final,
<br />non - appealable judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and
<br />other charges that are imposed on Borrower or the Property by a condominium association, homeowners
<br />association or similar organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check,
<br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument,
<br />computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an
<br />account. Such term includes, but is not limited to, point -of -sale transfers, automated teller machine trans-
<br />actions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.
<br />(M) "Escrow Items" means those items that are described in Section 3.
<br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds
<br />paid by any third party (other than insurance proceeds paid under the coverages described in Section
<br />5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of
<br />the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to,
<br />the value and/or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default
<br />on, the Loan.
<br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under
<br />the Note, plus (ii) any amounts under Section 3 of this Security Instrument.
<br />(Q) "RESPA" means the Real Estate Settlement ProceduresAct (12 U.S.C. §2601 et seq.) and its imple-
<br />menting regulation, Regulation X (12 C.F.R. Part 1024), as they might be amended from time to time,
<br />or any additional or successor legislation or regulation that governs the same subject matter. As used in
<br />this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard
<br />to a 'federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage
<br />loan" under RESPA.
<br />(R) "Secretary" means the Secretary of the United States Department of Housing and Urban Develop-
<br />ment or his designee.
<br />(S) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether
<br />or not that party has assumed Borrower's obligations under the Note and /or this Security Instrument.
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's suc-
<br />cessors and assigns) and the successors and assigns of MERS. This Security Instrument secures to
<br />Lender: (i) the repayment of the Loan, and all renewals, extensions and modifications of the Note; and
<br />NEBRASKA — Single Family — Fannie Mae /Freddie Mac UNIFORM INSTRUMENT
<br />Modified for FHA 9/2014 (HUD Handbook 4000.1)
<br />Ellie Mae, Inc. Page 2 of 11
<br />Form 3028 1/01
<br />201800157
<br />LOAN #: 133293
<br />organized and existing
<br />NEEFHAI5DE 0915
<br />NEEDEED (CLS)
<br />01/04/2018 09:16 AM PST
<br />
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