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Instrument. MERS is organized and existing under the laws of Delaware, and has an address and telephone number <br />of P.O. Box 2026, Flint, MI 48501 -2026, tel. (888) 679 -MERS. <br />(1) "Note " me—is th° omisu signed b' narrower 1 -n- dated cvPT d 2018 <br />pr^ cry note sign . <br />The Note states that Borrower owes Lender ONE HUNDRED TWELVE THOUSAND THREE HUNDRED <br />NINETY -EIGHT AND 00 /100 Dollars (U.S. $ 112, 398.00 ) <br />plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later <br />than OCTOBER 1, 2048 <br />(G) "Property" means the property that is described below under the heading. "Transfer of Rights in. the Property." <br />(H) "Loan" means the debt evidenced by the Note, plus interest, late charges due under the Note, and all sums due <br />under this Security Instrument, plus interest. <br />(n "Riders" m_e all Riders to this Security inctriim th are P l by Rnrrn�x e r . Th f Riders are <br />to be executed by Borrower [check box as applicable]: <br />11 Adjustable Rate Rider fl Planned Unit Development Rider <br />E Condominium Rider ❑ Other(s) [specify] <br />201806221 <br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and <br />administrative rules and orders (that have the effect of law) as well as all applicable final, non - appealable judicial <br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges <br />that are imposed on Borrower or the Property by a condominium association, homeowners association or similar <br />organization. <br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, <br />or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or <br />magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term <br />includes, but is not limited to, point -of -sale transfers, automated teller machine transactions, transfers initiated by <br />to enhnne w ire tr and aiitnm_atard rlaarinohnns• 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 paid by any <br />third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or <br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in <br />lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, <br />plug (ii) any amounts under Se of this Security instrument. <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing <br />regulation, Regulation X (12 C.F.R. Part 1024), as they might be amended from time to time, or any additional or <br />successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, " RESPA" <br />refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the <br />Loan does not qualify as a "federally related mortgage loan" under RESPA. <br />(R) "Secretary" means the Secretary of the United States Department of Housing and Urban Development or his <br />designee. <br />(S) "Successor in interest of Borrower" means any party that has taken title to the Property. whether or not that <br />party has assumed Borrower' s obligations under the Note and/or this Security Instrument. <br />NEBRASKA FHA DEED OF TRUST - MERS DocMagic elks <br />NEDOTZ2.FHA 09/14/15 Page 2 of 13 www.docmagic.com <br />