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202206769
<br />(J) "Electronic Fund 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 />inOudes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by
<br />te,ephone or other electronic device capable of communicating with such financial institution, wire transfers, and
<br />attomated clearinghouse transfers.
<br />(K0 "Electronic Signature" means an "Electronic Signature" as defined in the UETA or E -SIGN, as applicable.
<br />(L' "E -SIGN" means the Electronic Signatures in Global and National Commerce Act (15 U.S.C. § 7001 et seq.),
<br />as lit may be amended from time to time, or any applicable additional or successor legislation that governs the same
<br />subject matter.
<br />(1) "Escrow Items" means: (i) taxes and assessments and other items that can attain priority over this Security
<br />In trument as a lien or encumbrance on the Property; (ii) leasehold payments or ground rents on the Property, if any;
<br />(i ) premiums for any and all insurance required by Lender under Section 5; (iv) Mortgage Insurance premiums, if
<br />an, , or any sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in
<br />ac ordance with the provisions of Section 11; and (v) Community Association Dues, Fees, and Assessments if Lender
<br />re uires that they be escrowed beginning at Loan closing or at any time during the Loan term.
<br />"Loan" means the debt obligation evidenced by the Note, plus interest, any prepayment charges, costs,
<br />er. ' enses, and late charges due under the Note, and all sums due under this Security Instrument, plus interest.
<br />( ) "Loan Servicer" means the entity that has the contractual right to receive Borrower' s Periodic Payments and
<br />an other payments made by Borrower, and administers the Loan on behalf of Lender. Loan Servicer does not include
<br />a ub-servicer, which is an entity that may service the Loan on behalf of the Loan Servicer.
<br />(P "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any
<br />t1 d party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or
<br />de truction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in
<br />of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />( ) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or Default on, the Loan.
<br />( ) 'Partial Payment" means any payment by Borrower, other than a voluntary prepayment permitted under the
<br />N te, which is less than a full outstanding Periodic Payment.
<br />'Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note,
<br />pats (ii) any amounts under Section 3.
<br />'Property" means the property described below under the heading "TRANSFER OF RIGHTS IN THE
<br />P OPERTY."
<br />( ) "Rents" means all amounts received by or due Borrower in connection with the lease, use, and/or occupancy
<br />o f the Property by a party other than Borrower.
<br />"RESPA" means the Real Estate Settlement Procedures Act (12 U. S.C. § 2601 et seq.) and its implementing
<br />re lation, Regulation X (12 C.F. R. Part 1024), as they may be amended from time to time, or any additional or
<br />su cessor federal legislation or regulation that governs the same subject matter. When used in this Security Instrument,
<br />SPA" refers to all requirements and restrictions that would apply to a "federally related mortgage loan" even if
<br />tk Loan does not qualify as a "federally related mortgage loan" under RESPA.
<br />"Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that
<br />p.rty has assumed Borrower' s obligations under the Note and/or this Security Instrument.
<br />( ) "UETA" means the Uniform Electronic Transactions Act, as enacted by the jurisdiction in which the Property
<br />is located, as it may be amended from time to time, or any applicable additional or successor legislation that governs
<br />th- same subject matter.
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<br />RASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />rm 3028 07/2021
<br />Page 3 of 19
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