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, 201206259
<br /> DOC ID #: 00024332607607012
<br /> telephone number oF P.O.Box 2026,Flint,MI 48501-2026,tel. (888)679-MERS.
<br /> (F) "Note" means the promissory note signed by Borrower and dated JULY 13, 2 012 . The
<br /> Note states that Borrower owes Lender
<br /> ONE HUNDRED TEN THOUSAND FOUR HUNDRED FIFTEEN and 00/100 �
<br /> Dollars (U.S. $ 110,415.o o ) plus interest. Bonower has promised to pay this debt in regular
<br /> Periodic Payments and to pay the debt in full not later than AUGUS'r o 1, 2 0 4 2 .
<br /> (G) "Property"means the property that is described below under the heading "Transfer of Rights in the
<br /> Property." I
<br /> (H) "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 Instrument,plus interest
<br /> (I) "Riders" means all Riders to this Security Instrument that aze executed by Borrower.The following Riders !
<br /> are to be executed by Borrower[check box as applicable]:
<br /> � Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider I
<br /> ❑ Balloon Rider ❑ Planned Unit Development Rider ❑ 1-4 Family Rider ,
<br /> � VA Rider � Biweekly Payment Rider � Other(s) [specify] I
<br /> (,� "Applicable Law"means all controlling applicable Federal,state and local statutes,regulations,ordinances I',
<br /> and administrative rules and orders (that have the effect of law) as well as all applicable final, non- I
<br /> appealable judicial opinions.
<br /> (I� "Community Association Dues, Fees, and Assessments"means all dues, fees, assessments and other
<br /> charges that are imposed on Borrower or the Property by a condominium association, homeowners
<br /> association or similar organization.
<br /> (L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check,
<br /> draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument,
<br /> computer, or magnetic tape so as to order,instruct, or authorize a financial institution to debit or credit an
<br /> accounL Such term includes, but is not limited to, point-of-sale transfers, automated teller machine
<br /> transactions,transfers initiated by telephone,wire transfers,and automated clearinghouse transfers.
<br /> (M) "Escrow Items"means those items that are described in Section 3.
<br /> (N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by
<br /> any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i)
<br /> damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the
<br /> Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the
<br /> value and/or condition of the Property.
<br /> (0) "Mortgage Insurance"means insurance protecting Lender against the nonpayment of, or default on, the
<br /> Loan.
<br /> (P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the
<br /> Note,plus(ii)any amounts under Section 3 of this 5ecurity Instrument.
<br /> (Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. Section 2601 et seq.) and its
<br /> implementing regulation,Regulation X(24 C.F.R.Part 3500),as they might be amended from time to time,
<br /> or any additional or successor legislation or regulation that governs the same subject matter.As used in this
<br /> Security Instnunent, "RESPA" reFers to all requirements and restrictions that aze imposed in regazd to a
<br /> "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan"
<br /> under RESPA.
<br /> (R) "Successor in Interest of Borrower" means any party that has taken title to the Property,whether ot not
<br /> that party has assumed Borrower's obligations under the Note and/or this Securlty Instrument.
<br /> TRANSFER OF RIGHTS IN THE PROPERTY
<br /> The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and
<br /> assigns) and the successors and assigns of MERS.This Security Instrument secures to Lender: (i) the repayment
<br /> of the Loan,and all renewals, extensions and modifications of the Note;and (ii) the performance of Bonower's
<br /> covenants and agreements under this Security Instrument and the Note. For this purpose, Bonower irrevocably
<br /> grants and conveys to Trustee,in trust,with power of sale,the following described property located in the
<br /> � COUNTY Of HALL .
<br /> :(Type of Recording Jurisdiction] [Name of Recording Judsdiction]
<br /> � SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF.
<br /> NEBRASKA'-Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT(MERS) Form 3028 '1/01
<br /> MERS Deed of Trust-NE
<br /> 2006A-NE(l2/11) Page 2 of'12
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