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202302954
<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 />(L) "Electronic Signature" means an "Electronic Signature" as defined in the UETA or E- SIGN, as applicable.
<br />(M) "E -SIGN" means the Electronic Signatures in Global and National Commerce Act (15 U.S.C. § 7001 et seq.), as
<br />it may be amended from time to time, or any applicable additional or successor legislation that governs the same
<br />subject matter.
<br />(N) "Escrow Items" means: (i) taxes and assessments and other items that can attain priority over this Security
<br />Instrument as a lien or encumbrance on the Property; (ii) leasehold payments or ground rents on the Property, if any;
<br />(iii) premiums for any and all insurance required by Lender under Section 5; (iv) Mortgage Insurance premiums, if any,
<br />or any sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in accordance
<br />with the provisions of Section 11; and (v) Community Association Dues, Fees, and Assessments if Lender requires that
<br />they be escrowed beginning at Loan closing or at any time during the Loan term.
<br />(0) "Loan" means the debt obligation evidenced by the Note, plus interest, any prepayment charges, costs, expenses,
<br />and late charges due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(P) "Loan Servicer" means the entity that has the contractual right to receive Borrower's Periodic Payments and any
<br />other payments made by Borrower, and administers the Loan on behalf of Lender. Loan Servicer does not include a
<br />sub -servicer, which is an entity that may service the Loan on behalf of the Loan Servicer.
<br />(Q) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any
<br />third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or
<br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu
<br />of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(R) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or Default on, the Loan.
<br />(S) "Partial Payment" means any payment by Borrower, other than a voluntary prepayment permitted under the
<br />Note, which is less than a full outstanding Periodic Payment.
<br />(T) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus
<br />(ii) any amounts under Section 3.
<br />(U) "Property" means the property described below under the heading "TRANSFER OF RIGHTS IN THE
<br />PROPERTY."
<br />(V) "Rents" means all amounts received by or due Borrower in connection with the lease, use, and/or occupancy of
<br />the Property by a party other than Borrower.
<br />(W) "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 may be amended from time to time, or any additional or
<br />successor federal legislation or regulation that governs the same subject matter. When used in this Security
<br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT (MERS)
<br />Page 3 of 18
<br />IDS, Inc. - 93193 Borrower(s) Initials
<br />Form 3028 07/2021
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