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202300912
<br />(C) "Trustee" is Scott Gesell. Trustee's address is 244 South Gateway Place, Jenks, OK 74037. The term
<br />"Trustee" includes any substitute/successor Trustee.
<br />(D) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely
<br />as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary under this Security
<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 />Documents
<br />(E) "Note" means the promissory note dated February 27, 2023, and signed by each Borrower who is legally
<br />obligated for the debt under that promissory note, that is in either (i) paper form, using Borrower's written pen and ink
<br />signature, or (ii) electronic form, using Borrower's adopted Electronic Signature in accordance with the UETA or E -
<br />SIGN, as applicable. The Note evidences the legal obligation of each Borrower who signed the Note to pay Lender
<br />THREE HUNDRED TWENTY THOUSAND ONE HUNDRED FIFTY AND NO/100 Dollars
<br />(U.S. $320,150.00) plus interest. Each Borrower who signed the Note has promised to pay this debt in regular
<br />monthly payments and to pay the debt in full not later than March 1, 2053.
<br />(F) "Riders" means all Riders to this Security Instrument that are signed by Borrower. All such Riders are
<br />incorporated into and deemed to be a part of this Security Instrument. The following Riders are to be signed by
<br />Borrower (check box as applicable):
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ 1-4 Family Rider ❑ Planned Unit Development Rider
<br />❑ Other(s) (specify)
<br />(G) "Security Instrument" means this document, which is dated February 27, 2023, together with all Riders to this
<br />document.
<br />Additional Definitions
<br />(H) "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 />(I) "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 />(J) "Default" means: (i) the failure to pay any Periodic Payment or any other amount secured by this Security
<br />Instrument on the date it is due; (ii) a breach of any representation, warranty, covenant, obligation, or agreement in this
<br />Security Instrument; (iii) any materially false, misleading, or inaccurate information or statement to Lender provided
<br />by Borrower or any persons or entities acting at Borrower's direction or with Borrower's knowledge or consent, or
<br />failure to provide Lender with material information in connection with the Loan, as described in Section 8; or (iv) any
<br />action or proceeding described in Section 12(e).
<br />(K) "Electronic Fund 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
<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 />telephone or other electronic device capable of communicating with such financial institution, wire transfers, and
<br />automated clearinghouse transfers.
<br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT (MERS) Form 3028 07/2021
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<br />IDS, Inc. - 93193 Borrower(s) Initialsr /T
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