202406388 - Laserfiche WebLink

Browse

202406388 sooner paid or forgiven, the debt will be paid in full no later than January 01 2035 (E) "Riders" means any and all Riders to this Security Instrument that are signed by Borrower. All such Riders are incorporated into and deemed to be a part of this Security Instrument. (F) "Security Instrument" means this document, which is dated i)FCFMRFR 11 2024 , together with all Riders to this document. Additional Definitions (G) "Applicable Law" means all controlling applicable federal, state, and local statutes, regulations, ordinances, and administrative rules and orders (that have the effect of law) as well as all applicable final, non -appealable judicial opinions. (H) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments, and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association, or similar organization. (I) "Default" means: (i) the failure to pay any Periodic Payment or any other amount secured by this Security Instrument on or before the date it is due; (ii) a breach of any representation, warranty, covenant, obligation, or agreement in this Security Instrument; (iii) a breach of any representation, warranty, covenant, obligation, or agreement in the first lien security instrument that is secured by the Property; or (iv) any action or proceeding described in Section 7(e) ; or (v) Borrower's failure to use the Property as their primary residence. (J) "Electronic Signature" means an "Electronic Signature" as defined in the UETA or E-SIGN, as applicable. (K) "E-SIGN" means the Electronic Signatures in Global and National Commerce Act (15 U.S.C. § 7001 et seq.), as it may be amended from time to time, or any applicable additional or successor legislation that governs the same subject matter. (L) "Loan" means the debt obligation evidenced by the Note, plus any interest, prepayment charges, costs, expenses, and late charges due under the Note, and all sums due under this Security Instrument, plus any interest. (M) "Loan Servicer" means the entity that has the contractual right to receive Borrower's Periodic Payments, if any, and any other payments made by Borrower, and administers the Loan on behalf of Lender. Loan Servicer does not include a sub-servicer, which is an entity that may service the Loan on behalf of the Loan Servicer. (N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 4) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (0) "Periodic Payment" means any regularly scheduled amount due for principal and interest (if any) under the Note. (P) "Property" means the property described below under the heading "TRANSFER OF RIGHTS IN THE PROPERTY." (Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. NEBRASKA --Single Family —Freddie Mac/Fannie Mae Form 3800.28 1212023 STANDARDIZED SUBORDINATE DOCUMENT Page 2 of 13