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201206055
<br /> V4 WBCD LOAN # 503542405
<br /> (D)"Trustee"is
<br /> Fidelity National Title Insurance Company
<br /> (E) "MERS"is Mortgage Electronic RegisVation Systems,Inc.MERS is a separate corporation that is
<br /> acting solelyas a nominee for Lender and Lender's successors and assigns.MERS isthe beneficiary
<br /> under this Securify Instrument.MERS is organized and existing under the laws of Delaware,and has
<br /> an address and telephone number of P.O.Box 2026,Flint, MI 48501-2026,tel.(888}679-MERS.
<br /> (� "Note"means the promissory note signed by Borrower and dated .ruLs 18, 2012.
<br /> The Note states that Borrower owes Lender ******o� xuxnxEn FORTY FOUR THOIISAND szx
<br /> HTINDRED AND NOI100*******************************x**�****x******�******,r*a*
<br /> ******+�«*�********:r*�*�*���*��********:r*****�**rt******�:��*�******a** Dollars
<br /> (U.S. $144,600.oo )plus interest.Borrower has promised to pay this debt in regular Periodic
<br /> Payments and to pay the debt in full not later than AUGUST 1, 2042.
<br /> {G)"Property"means the properry that is described below under the heading"Transfer of Rights in the
<br /> Property."
<br /> (H)"Loan"means the debt evidenced by fhe Note,plus interest,any prepayment charges and late
<br /> charges due under the Note,and all sums due under this Security Instrument,plus interest.
<br /> (1) "Riders"meansallRiderstothisSecuritylnstrumentthatareexecutedbyBorrower.Thefallowing
<br /> Riders are to be executed by Borrower[check box as applicable]:
<br /> �Adjustable Rate Rider �Condominium Rider �Secand Home Rider
<br /> �Balloon Rider 0 Planned Unit Development Rider 0 Other(s) [specify]
<br /> 01-4 Family Rider �Biweekly Payment Rider
<br /> �V.A.Rider
<br /> (,n "Applicable Law"means all controlling applicable federal,state and locai statutes,regulations,
<br /> ordinances and administrafive rules and orders(that havethe effect of Iaw)as well as all applica6lefinal,
<br /> non-appealable judicial opinions.
<br /> (K)"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 /> (L) "Electronic Funds Transfer"means any fransfer offu�ds,other than a transaction originated by
<br /> check,draft,or similar paper instrument,which is initiated through an electronic terminal,telephonic
<br /> instrument,computer, or magnetic tape so as to order,instruct,or authorize a financial institution to
<br /> debit or creditan account.Such term includes,but is not limited to,point-of-sale transfers,automated
<br /> tellermachinetransactions,transfers initiated bytelephone,wiretransfers,and automated clearinghouse
<br /> transfers.
<br /> (M)"Escrow Items"means those items that are described in Section 3.
<br /> (N)"MiscellaneousProceeds"meansanycompensation,settlement,awardofdamages,orproceeds
<br /> paid by any third party(other than insuranne proceeds paid under the coverages described in Section
<br /> 5)for:(i)damage to,or destruction of,the Property;(ii)condemnation or other taking of alI or any part
<br /> of the Properry;(iii)conveyance in lieu of condemnation;or(iv)misrepresentations of,or omissions as
<br /> to,the value and/or condition of the Properry.
<br /> (0)"Mortgage Insurance"means insurance protecting Lenderagainstthe nonpayment of,or default
<br /> on,the Loan.
<br /> (P)"PeriodicPayment"meanstheregularlyscheduledamountduefor(i)principalandinterestunder
<br /> the Note,plus(i)any amounts under Section 3 of this Security Instrument.
<br /> (Q)"RESPA"means the Real Estate Settlement Procedures Act(12 U.S.C.§2601 et seq.) and its
<br /> implementing regulation,Regulation X(24 C.F.R.Part 35Q0),as they might be amended from time to
<br /> time,or any additional or successor Iegislation or regulation that governs the same subject matter.As
<br /> used in this Security Instrument,"RESPA"refers to aIl requirements and restrictions that are imposed
<br /> in regard to a"federally related mortgage loan"even if the Loan does not quality as a"federally related
<br /> mortgage loan"under RESPA.
<br /> (R)"Successor in Interest of Borrower"means any party that has taken title to the Property,whether
<br /> or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument.
<br /> TR,4NSFER OF RIGHTS IN THE PROPERTY
<br /> The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's
<br /> successors and assigns)and the successors and assigns of MERS.This Security Instrument secures
<br /> to Lender:�)the repayment of the Loan,and all renewals,extensions and modifications of the Note;
<br /> and(ii}the perFormance of Borrower's covenants and agreements underthis Security Instrument and
<br /> the Note.For this purpose,Borrower irre�ocably grants and conveys to Trustee,in trust,with power of
<br /> Initials: �
<br /> NEBR.4SKA--Single Family—Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 y/01 �
<br /> Online Documents,Inc. Page 2 Of 11 NEEDEED 1108
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