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202401916
<br />(C) "Trustee" is Home Federal Savings and Loan Association of Grand Island, A Federal
<br />Savings Association.
<br />Trustee's address is 221 S Locust Street, Grand Island, NE 68801.
<br />The term 'Trustee" includes any substitute/successor Trustee.
<br />Documents
<br />(D) "Note" means the promissory note dated April 29, 2024, and signed by each Borrower
<br />who is 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 obliga-
<br />tion of each Borrower who signed the Note to pay Lender ONE HUNDRED SIXTEEN THOUSAND
<br />FOUR HUNDRED AND NO/100
<br />Dollars (U.S. $116,400.00 ) plus interest. Each Borrower who signed the Note has promised to pay
<br />this debt in regular monthly payments and to pay the debt in full not later than May 1, 2054.
<br />(E) "Riders" means all Riders to this Security Instrument that are signed by Borrower. All such Riders
<br />are incorporated into and deemed to be a part of this Security Instrument. The following Riders are to
<br />be signed by Borrower [check box as applicable]:
<br />❑ Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider
<br />❑ 1-4 Family Rider 0 Planned Unit Development Rider 0 V.A. Rider
<br />❑ Other(s) [specify]
<br />(F) "Security Instrument" means this document, which is dated April 29, 2024, together with
<br />all Riders to this document.
<br />Additional Definitions
<br />(G) "Applicable Law" means all controlling applicable federal, state, and local statutes, regulations,
<br />ordinances, and administrative rules and orders (that have the effect of law) as well as all applicable
<br />final, non -appealable judicial opinions.
<br />(H) "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, home-
<br />owners association, or similar organization.
<br />(I) "Default" means: (i) the failure to pay any Periodic Payment or any other amount secured by this
<br />Security Instrument on the date it is due; (ii) a breach of any representation, warranty, covenant, obligation,
<br />or agreement in this Security Instrument; (iii) any materially false, misleading, or inaccurate information
<br />or statement to Lender provided by Borrower or any persons or entities acting at Borrower's direction or
<br />with Borrower's knowledge or consent, or failure to provide Lender with material information in connection
<br />with the Loan, as described in Section 8; or (iv) any action or proceeding described in Section 12(e).
<br />(J) "Electronic Fund Transfer" means any transfer of funds, other than a transaction originated by check,
<br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument,
<br />computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit
<br />an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine
<br />transactions, transfers initiated by telephone or other electronic device capable of communicating with
<br />such financial institution, wire transfers, and automated clearinghouse transfers.
<br />(K) "Electronic Signature" means an "Electronic Signature" as defined in the UETA or E -SIGN, as
<br />applicable.
<br />(L) "E -SIGN" means the Electronic Signatures in Global and National Commerce Act (15 U.S.C. § 7001
<br />et seq.), as it may be amended from time to time, or any applicable additional or successor legislation
<br />that governs the same subject matter.
<br />(M) "Escrow Items" means: (i) taxes and assessments and other items that can attain priority over this
<br />Security Instrument as a lien or encumbrance on the Property; (ii) leasehold payments or ground rents
<br />on the Property, if any; (iii) premiums for any and all insurance required by Lender under Section 5;
<br />(iv) Mortgage Insurance premiums, if any, or any sums payable by Borrower to Lender in lieu of the pay-
<br />ment of Mortgage Insurance premiums in accordance with the provisions of Section 11; and (v) Community
<br />Association Dues, Fees, and Assessments if Lender requires that they be escrowed beginning at Loan
<br />closing or at any time during the Loan term.
<br />(N) "Loan" means the debt obligation evidenced by the Note, plus interest, any prepayment charges,
<br />costs, expenses, and late charges due under the Note, and all sums due under this Security Instrument,
<br />plus interest.
<br />NEBRASKA - Single Family - Fannie Mae/Freddle Mac UNIFORM INSTRUMENT Form 3028 07/2021
<br />ICE Mortgage Technology, Inc. Page 2 of 14 NE21 UDEED 0222
<br />NEUDEED (CLS)
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