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(E) "Note" means the promissory note signed by Borrower and dated January 27, 2021.
<br />The Note states that Borrower owes Lender ONE HUNDRED FOURTEEN THOUSAND FOUR
<br />HUNDRED SIXTY AND NO/100
<br />20210071$
<br />Dollars
<br />(U.S. $114,460.00 ) 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, 2051.
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights in
<br />the Property."
<br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late
<br />charges due 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
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Other(s) [specify]
<br />❑ 1-4 Family Rider ❑ Biweekly Payment Rider
<br />Cl V.A. Rider
<br />(I) "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
<br />final, non -appealable judicial opinions.
<br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and
<br />other charges that are imposed on Borrower orthe Property by a condominium association, homeowners
<br />association or similar organization.
<br />(K) "Electronic Funds Transfer" means any transfer of funds, otherthan 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
<br />an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine
<br />transactions, 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
<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
<br />of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as
<br />to, the value and/or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default
<br />on, the Loan.
<br />(0) "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 />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §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,
<br />or any additional or successor legislation or regulation that govems the same subject matter. As used in this
<br />Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally
<br />related 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
<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 />This Security Instrument secures to Lender: (i) the repayment of the Loan, and all renewals, extensions
<br />and modifications of the Note; and (ii) the performance of Borrower's covenants and agreements
<br />under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and
<br />conveys to Trustee, in trust, with power of sale, the following described property located in the
<br />County [Type of Recording Jurisdiction] of Hall
<br />[Name of Recording Jurisdiction]:
<br />LotThree(3), Block Seventy -Three (73), Wheeler & Bennett's Third Addition to the City of Grand
<br />Island, Hall County, Nebraska.
<br />APN #: 400124963
<br />NEBRASKA—Single Family—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1101
<br />Ellie Mae, Inc. Page 2 of 10
<br />NEUDEED 0415
<br />NEUDEED(CLS)
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