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202405179
<br />INSTRUMENT
<br />FORM 3028 7/21 Initials:
<br />Laser Forms Inc. #FNMA3028MERS 7/21
<br />Documents
<br />(E) "Note" means the promissory note dated October 18, 2024 , and signed by each
<br />Borrower who is legally obligated for the debt under that promissory note, that is in either (i) paper
<br />form, using Borrower's written pen and ink signature, or (ii) electronic form, using Borrower's
<br />adopted Electronic Signature in accordance with the UETA or E-SIGN, as applicable. The Note
<br />evidences the legal obligation of each Borrower who signed the Note to pay Lender
<br />Three Hundred Five Thousand DOLLARS and Zero CENTS
<br />Dollars (U.S. $ 305,000.00 ) plus interest. Each Borrower who signed the Note has
<br />promised to pay this debt in regular monthly payments and to pay the debt in full not later than
<br />November 1, 2054
<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
<br />Riders are to be signed by Borrower [check box as applicable]:
<br />Adjustable Rate Rider
<br />1-4 Family Rider
<br />Other(s) [specify]
<br />BCondominium Rider Second Home Rider
<br />Planned Unit Development Rider V.A. Rider
<br />(G) "Security Instrument" means this document, which is dated October 18, 2024
<br />together with all 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
<br />all 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,
<br />covenant, obligation, or agreement in this Security Instrument; (iii) any materially false,
<br />misleading, or inaccurate information or statement to Lender provided by Borrower or any persons
<br />or entities acting at Borrower's direction or with Borrower's knowledge or consent, or failure to
<br />provide Lender with material information in connection with the Loan, as described in Section 8; or
<br />(iv) any action or 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,
<br />telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial
<br />institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale
<br />transfers, automated teller machine transactions, transfers initiated by telephone or other electronic
<br />device capable of communicating with such financial institution, wire transfers, and automated
<br />clearinghouse transfers.
<br />(L) "Electronic Signature" means an "Electronic Signature" as defined in the UETA or E-SIGN,
<br />as applicable.
<br />(M) "E-SIGN" means the Electronic Signatures in Global and National Commerce Act (15
<br />U.S.C. § 7001 et seq.), as it may be amended from time to time, or any applicable additional or
<br />successor legislation that governs the same subject matter.
<br />NEBRASKA - Single Family - Fannie Mae/Friddie Mac UNIFORM
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