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201102681 <br />(F) "Note" means the promissory note signed by Borrower and dated March 23, 2011 . The Note states that Borrower <br />owes Lender Sixty Three Thousand Seven Hundred and no/100 <br />Dollars (U.S. $63,700.00 ) <br />plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than <br />April 01, 2026 � <br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." <br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, <br />and all sums due under this Security Instrument, plus interest. <br />(I) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed <br />by Borrower [check box as applicable]: <br />❑ Adjustable Rate Rider ❑ Condominiui�� Rider ❑ Second Home Rider <br />❑ Balloon Rider ❑ Planned Unit Development Rider ❑ VA Rider <br />❑ 1-4 Family Rider ❑ Biweekly Payment Rider ❑ Other(s) [specify] <br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative <br />rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. <br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed <br />on Borrower or the Property by a condominium association, homeowners association or similar organization. <br />(L) `°Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper <br />instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, <br />or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, <br />automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. <br />(M) "Escrow ltems" means those items that are described in Section 3. <br />(N) "Miscellaneous Proceeds" means any compensation, settle�nent, award of damages, or proceeds paid by any third <br />party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, <br />the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or <br />(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. <br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. <br />(P) "Periodic PaymenN' means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any <br />amounts under Section 3 of this Security Instrument. <br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. y�' 2601 et seq.) and its implementing regulation, <br />Regulation X(24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or <br />regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and <br />restrictions that are imposed in regard to a"federally related mortgage loan" even if the Loan does not qualify as a"federally <br />related mortgage loan" under RESPA. <br />(R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has <br />assumed Borrower's obligations under the Note and/or this Security Instrument. <br />NEBRASKA—Single Fainily�--Fannie M�e/H'reddie Mac IJNIFORM INS'PRUMF.N"1' <br />NEBRASKA-MERS <br />ITEM 2698L2 (101909) <br />Form 3028 1/UI <br />GreatDocs° <br />(Page 2 of �3) <br />