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<br />(E) "Note" means the promissory note signed by Borrower and dated November 9, 2021. The
<br />Note states that Borrower owes Lender One hundred seventy thousand and 00/100 Dollars (U.S.
<br />$170,000.00) plus interest. Borrower has promised to pay this debt in regular Periodic Payments
<br />and to pay the debt in full not later than December 1, 2051.
<br />(F) "Property" means the property that is described below under the heading "Transfer of Rights
<br />in 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
<br />following Riders are to be executed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider Cl Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider ❑ Planned Unit Development Rider Li 1-4 Family Rider
<br />Z VA Rider ❑ Biweekly Payment Rider ❑ Other(s) [specify]
<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
<br />and other charges that are imposed on Borrower or the Property by a condominium association,
<br />homeowners association or similar organization.
<br />(K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated
<br />by check, draft, or similar paper instrument, which is initiated through an electronic terminal,
<br />telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial
<br />institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale
<br />transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers,
<br />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
<br />proceeds paid by any third party (other than insurance proceeds paid under the coverages described
<br />in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of
<br />all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations
<br />of, or omissions as to, the value and/or condition of the Property.
<br />(N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or
<br />default on, the Loan.
<br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest
<br />under 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. Section 2601 et
<br />seq.) and its implementing regulation, Regulation X (12 C.F.R. Part 1024), as they might be
<br />amended from time to time, or any additional or successor legislation or regulation that governs
<br />the same subject matter. As used in this Security Instrument, RESPA refers to all requirements and
<br />restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does
<br />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,
<br />whether or not that party has assumed Borrower's obligations under the Note and/or this Security
<br />Instrument.
<br />8045462044
<br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01
<br />Wolters Kluwer Financial Services, Inc. 03/2021
<br />2021110821.2.0.3847-J20201124Y Page 2 of 16
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