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(D) "Trustee" is U. S. Bank National Association,111 S. W. Fifth Ave., Portland, OR 97204 <br />(E) "Note" means the promissory note signed by Borrower and dated March 14, 2018 . The Note states that <br />Borrower owes Lender <br />One Hundred Eight Thousand and 00 /100 Dollars <br />(U.S. $ 108,000.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to <br />pay the debt in full not later than April 1, 2048 <br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due <br />under the Note, and all sums due under this Security Instrument, plus interest. <br />(H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to <br />be executed by Borrower [check box as applicable]: <br />El Adjustable Rate Rider ❑ Condominium Rider <br />❑ Balloon Rider ❑ Planned Unit Development Rider <br />❑ VA Rider ❑ Biweekly Payment Rider © Other(s) [sfy] <br />•' E -3 C ONVENTIONAL AND USDA <br />RURAL DEVELOPMENT TAX - EXEMPT <br />FINANCING RIDER <br />"Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances <br />and administrative rules and orders (that have the effect of law) as well as all applicable final, non - appealable <br />judicial opinions. <br />"Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners association <br />or similar organization. <br />(K) "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 transactions, <br />transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. <br />(L) "Escrow Items" means those items that are described in Section 3. <br />(M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by <br />any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage <br />to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) <br />conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition <br />of the Property. <br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, <br />plus (ii) any amounts under Section 3 of this Security Instrument. <br />"RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its <br />implementing regulation, Regulation X (12 C.F.R. Part 1024), as they might be amended from time to time, or any <br />additional or successor legislation or regulation that governs the same subject matter. As used in this Security <br />Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related <br />mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. <br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not <br />that party has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />(1) <br />(J) <br />(P) <br />NEBRASKA-Single Family- Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />VMP <br />Wolters Kluwer Financial Services <br />11111 <br />II0 IIffl lIffl II 0I 11 <br />i <br />1111111 <br />❑ Second Home Rider <br />❑ 1 -4 Family Rider <br />11111 <br />111 <br />201801564 <br />Form 3028 1/01 <br />VMP6(NE) (1302).00 <br />Page 2 of 15 <br />