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202110957 <br />Instrument. MERS is organized and existing under the laws of Delaware, and has an address and telephone number of <br />P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS. <br />(F) "Note" means the promissory note signed by Borrower and dated December 28, 2021. The Note states that <br />Borrower owes Lender TWO HUNDRED SEVENTY-FOUR THOUSAND NINE HUNDRED TWENTY-EIGHT <br />AND NO/100 Dollars (U.S. $274,928.00) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than January 1, 2052. <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 under <br />this Security Instrument, plus interest. <br />(I) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be <br />executed by Borrower (check box as applicable): <br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Planned Unit Development Rider <br />❑ Other(s) (specify): <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 />opinions. <br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that <br />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, or <br />similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic <br />tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not <br />limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, <br />and automated clearinghouse 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 third <br />party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, <br />the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of <br />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, plus <br />(ii) any amounts under Section 3 of this Security Instrment. <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 party <br />has assumed Borrower's obligations under the Note and/or this Security Instrument. <br />FHA Nebraska Deed of Trust with MERS 1/2015 <br />Page 2 of 12 <br />IDS, Inc. - 59482 <br />IoI1KEY1INMWN111 <br />Borrower(s) Initials O A <br />