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201109624
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Last modified
12/23/2011 8:50:33 AM
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12/23/2011 8:50:32 AM
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DEEDS
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201109624
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�o��o9s�� <br />(C) "L@Ildq"' is Pentagon Federal C. U. <br />Lender is a Corporation <br />organized and existing under the laws of The United States of America <br />Lender's address is Box 1432, Alexandria, VA 22313 <br />Lender is the beneftciary under this Security Instrument. <br />(D) "TPUStee" is Pentagon Federal Credit Union <br />(E) "Note" means the promissory note signed by Borrower and dated December 07, 2011 . The Note <br />states that Borrower owc� Lender Ninety Thousand And Zero/100 <br />Dollarti (iJ_S. $ 90 , 000 . 00 ) plus inter�;st. Burrower hati promiscxl to pay this debl in regular <br />Periodic Payments and to pay the debt in full not later than January O1, 2042 . <br />(F) " Property " means the property that is described below under the heading "1'ransfer of Righls in the <br />Property_" <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due <br />under the Note, and all sums due under this Security Instn�ment, plus interest. <br />(H) "Ride's" mrans all Riders lu this �ec;urily Inslrumenl lhat are exec:uleci by [3orrower_ 7'he following Riders <br />are to be executed by Borrower [check box as applicable]: <br />� Adjustable Rate Rider 0 Condominium Rider 0 Second Home Rider <br />0 Balloon Rider 0 Planned Unit Development Rider 0 1-4 Pamily Rider <br />� VA Rider 0 Biweekly Payment Rider 0 Other(s) [specify] <br />(I) "Appipble L'!w" m�ans all cuntrolling applicaMe fcxieral, state und locul titatul�, regulationti, orJinanc� <br />and administrative rules and orders (lhat have ihe effect of law) as well as all applicable final, non-appealable <br />judicial opinions. <br />(Jj "Communiiy Assoeiation Dues, Fees, and Assessments" means all dues, fc;es, assessments and other <br />charges Ihat aze imposeci on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) "Eleetronie FundsTransfer' means any transfer of funds, other than a tr;msaction originated by check, <br />drafl, or similur paper insirument, which is iniliatfxl through an elec:tr<mic lerminal, telephonic inslrumeni, <br />computer, or uiagnetic tape so as to order, instruct, or authorizc a Cinancial in54itution to debit or credit an <br />account. Such term includes, but is not limited to, point-of-sale iransfers, automated teller machine <br />transactions, transfers initiated by telephone, wire iransfers, and automated clearinghouse tr.snsfers. <br />(L) "Eserow Items" means those items that are described in Section 3. <br />(M) "Miseell�eous Prooeeds" means any compensation, settlement, award oFdamages, or proceeds paid by <br />any lhird party (olher than insurance procec:cis paid under the coverag� describecl in See:lion 5) for: (i) <br />damage to, or destruction of, the Property; {ii) condemnation or other taking of all or any part of the <br />Ptoperty; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the <br />value and/or condilion of lhe Property_ <br />1111023724 1111023724 <br />N�RASKASingle Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMHJT Form 3028 1l01 <br />VM P (q VM PB(NE) (1105) <br />Wolters Kluwer Financial Services Page 2 of 17 <br />
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