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<br />(D) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation
<br />that is acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the
<br />beneficiary under this Security Instrument. MERS is organized and existing under the laws of
<br />Delaware, and has an address and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888)
<br />679-MERS.
<br />Documents
<br />(E) "Note" means the promissory note dated JUNE 23, 2023, and signed by each Borrower who is
<br />legally obligated for the debt under that promissory note, that is in either (i) paper form, using
<br />Borrower's written pen and ink signature, or (ii) electronic form, using Borrower's adopted Electronic
<br />Signature in accordance with the UETA or E -SIGN, as applicable. The Note evidences the legal
<br />obligation of each Borrower who signed the Note to pay Lender FOUR HUNDRED TWENTY-FIVE
<br />THOUSAND AND 00/100THS Dollars (U.S. $425,000.00) plus interest. Each Borrower who signed
<br />the Note has promised to pay this debt in regular monthly payments and to pay the debt in full not later
<br />than JULY 01, 2053.
<br />(F) "Riders" means all Riders to this Security Instrument that are signed by Borrower. All such
<br />Riders are incorporated into and deemed to be a part of this Security Instrument. The following Riders
<br />are to be signed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider
<br />❑ 1-4 Family Rider
<br />❑ Manufactured Home Rider
<br />❑ Condominium Rider
<br />❑ Planned Unit Development Rider
<br />❑ Leasehold Rider
<br />❑ Second Home Rider
<br />❑ V.A. Rider
<br />❑ Revocable Trust Rider
<br />(G) "Security Instrument" means this document, which is dated JUNE 23, 2023, together with all
<br />Riders to this document.
<br />Additional Definitions
<br />(H) "Applicable Law" means all controlling applicable federal, state, and local statutes,
<br />regulations, ordinances, and administrative rules and orders (that have the effect of law) as well as all
<br />applicable final, non -appealable judicial opinions.
<br />(I) "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 />(J) "Default" means: (i) the failure to pay any Periodic Payment or any other amount secured by
<br />this Security Instrument on the date it is due; (ii) a breach of any representation, warranty, covenant,
<br />obligation, or agreement in this Security Instrument; (iii) any materially false, misleading, or inaccurate
<br />information or statement to Lender provided by Borrower or any persons or entities acting at
<br />Borrower's direction or with Borrower's knowledge or consent, or failure to provide Lender with
<br />material information in connection with the Loan, as described in Section 8; or (iv) any action or
<br />proceeding described in Section 12(e).
<br />(K) "Electronic Fund 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, telephonic
<br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to
<br />NEBRASKA --Single Family — Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 07/2021
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