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Papillion, NE 68046. Lender is the beneficiary under this Security Instrument. (D) "Trustee" is SAC Federal Credit Union, 7148 Towne Center Parkway, Papillion, NE 68046. (E) "Note" means the promissory note signed by Borrower and dated May 25, 2018. The Note states that Borrower owes Lender TWO HUNDRED THOUSAND AND NO /100 Dollars (U.S. $200,000.00) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than June 01, 2048. (F) "Property" means the property that is described below under the heading `Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: [ ] Condominium Rider [ ] Graduated Payment Rider [ X ] Planned Unit Development Rider [ X ] Other(s) [specify] Assumption Rider (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions. If the indebtedness secured hereby is guaranteed or insured under Title 38, United States Code, such Title and Regulations issued thereunder and in effect on the date hereof shall govern the rights, duties and liabilities of the parties hereto, and any provisions of this or other instruments executed in connection with said indebtedness which are inconsistent with said Title or Regulations are hereby amended to conform thereto. (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that are described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the i III 111111 * 8 3 O * NEBRASKA — Single Fam'ly— UNIFORM INSTRUMENT Mortgage Cadence Document Center ® 3716 06/13 Page 2 of 14 2 01803366 liiillllllllllllll11 pal°