201205957 - Laserfiche WebLink

Browse

20120595� $52,971.00) plus interest. Borrower has promised to pay this debt in regular Periadic Payments and to pay the debt in full not laxer than August 1, 2027. (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and aIl sums due under this Security Instrument, plus interest. (I� "Riders " means a11 Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Bonower [check box as applicable]: ❑ Adjustable Rate Rider ❑ Balloon Rider � VA Rider ❑ Condominium Rider ❑ Second Home Rider ❑ Planned Unit Development Rider ❑ 1-4 Family Rider ❑ Biweekly Payment Rider ❑ Other(s) [specify] (I) "Appldcable Law " means a11 controlling applicable federal, state and local stalutes, regulations, ordinances and administrative rules a.nd orders {that have the effect of law) as well as all applicable fina1, non-appealable judicial opinions. (,T) "CommunityAssocration Dues, Fees, and Assessments" means all dues, fees, assessments and other chazges that are imposed on Borrower or the Property by a condominium association, homeowneis association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper in�trument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic ta.pe so as to order, instruct, ar authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire riansfers, and automated clearinghouse transfers. (L) `Escrow Items" means those items that are described in Section 3. (Nn `Nliscellaneous 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 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of a11 or any part of the Property; (iii) conveyance in lieu of condernnation; or (iv) misrepresentations of, or omissions as to, the value andlor condition of the Property. (N) "Mortgage Insurance " means insurance protecting Lender against the nonpayment of, or default on, the Loan. (0) "PeYiodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instnunent. (P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its implemendng regulation, Regulation X(24 C.F.R. Part 3500), as they rnight be amended from time to time, or any additional or successor legislation or regulation that governs the same subject �� / � u 1457072283 NE9RASKA-Singfe Famtty-Fennia MaeJFreddia Mac UN(FORM INSTRUMENT " eL �- Form 30281l01 � 09/10 WnRars Kluwer Finencial Servicas 201207094.0.0.0.4002-J20110209Y In�als: page 2 of 17 t 7