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2Q12075�1
<br />(D)'?I'U9tee" IS (�+:1�TRE TRUSTEE CORP.A MISSOURI CORPQRATION.
<br />LOAR �: 0038347852
<br />(E� "MERS" is Mortgage Etectronic Registratlon Systems, Inc. MERS is a separate corporation that is
<br />acting salely as a nomineefor Lender and Lender's successors and assigns. MER81s the beneficiary
<br />under thts Security InBtrume�rt. NiERS is organized and existing under the (aws of Delaware, and has
<br />an address and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS.
<br />(F� "Not+e� means the promissory note signed by Barrawer and dated SEPTEMBER 5 � 2012 .
<br />The Note states that Borrower owes Lender * * * * * � +* * * * * * *SEVE�rY THOUeA�n asn so/ 100
<br />**�r***�r*�r***,rrr*******�r***,t*�r*,t**+t*****,r**�r,r*******,t,�*****�r*
<br />�r***�r***,r***�**,t*,r*t�x,x,��t,r,t�x�r,r***�r***,x*,r,r,r,�***,�*,�***,r*�r*,r* pollere
<br />(U.S. $70, 000.00 ) plus interest Borrower has promissd to pay thfs debt in r¢gular Periodic
<br />Payments and to pay the debt in full not later tha� oc�rosEa 1, 2042.
<br />(G) "Properly" means the propertythat is described befow underthe heading'Transferof Rights in the
<br />Property.°
<br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charg� and late
<br />charges due under the IVote, and a!I sums due under this Security Instrument, plus interest.
<br />(I) "Riders" means all Riders ta tHis Sacurify Instrument that are executed by Borrower. The fiolfowing
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />�Adjustab{e Rate Rider �Condominium Rider OSecond Home Rider
<br />� Balloon Rider 0 Planned Unit Development Rider DOther(s) [specif}rJ
<br />� 1-4 Family Rlder � Biweekfy Payment Rider
<br />0 V.A. Rider
<br />(J) "Appllcable La�►" means all controlling applicable tederal, state and local statutes, regutations,
<br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicablefinal,
<br />non-appealabie Judicial opintons.
<br />(In "Community A9sociation Dues, Fee�, and As�essments" means all duas, fees, assessments
<br />and other charges that are imposed on Borrower or the Properly by a condominium association,
<br />homeowners associatian or similar organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by
<br />check, draft, or similar paper instrument, which is ini�ated 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 credit an accoun#. Suah term includes, but is not limited to, point-of-sale transfers, automated
<br />tellermachinetransactions, transfers initiated bytelephone, wiretranafers, and automated clearinghouse
<br />transfers.
<br />(M) "Escrow Items" means those items that are described in Sec�tlon 3.
<br />(Nj "Miacellaneou�Proceeds"meansanycompensation,setdement,awardofdamages,orproceeds
<br />paid by any third party (other than ir�surance proceeds paid under the coverages described in Section
<br />5} for: (� damage #o, or destructlon of, the Properiy; (ii) condemnation or other taking of ail or any part
<br />of the Property; (iii} conveyance in lieu of condemnation; or ('iv) misrepresentations of, or omissions as
<br />ta, the value and/or condition of the Property.
<br />(0) "Mortgage Insurance" mear�s insurance protecting Lender against the nonpayment of, or default
<br />on, the Loan.
<br />(P) "Periodlc PaymenY' means the regularly scheduled amount duefor (� principal and interest under
<br />the Note, plus (fi) any amounts under Seclion 3 of this Security Instrument
<br />(Gt) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S,G. §2601 et seq.) and its
<br />implementing regulation, Regulation X(24 C.F.R. Part 3500), as they might be amended from time to
<br />time, or any additional or successor legislsUon or regulation that governs the same subject matter. As
<br />used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed
<br />in regard to a"federaily related mortgage loan even if tha Loan does not quality as a"federally related
<br />mortgage laan" under RESPA.
<br />(R) "Successor in Intereot of Borrower" means any party that has taken title to the Property, whether
<br />or not that party has assumed Borrower's obfiga�ons under the fVote and/or this Security Instrument
<br />TRANSFER OF RiGHTS IN THE PROPERIY
<br />The beneficiary of this Security Instrument is MERS (solely as naminee for Lender and Lender's
<br />successors and assigns) and the successors and assigns of MERS. This Security Instrument secures
<br />to Lender: (i) the repayment of the Loan, and all renewals, extensions and modiflca�ons of the Note;
<br />and (i) the performance of Borrower's covenan� and agreements under this Security Instrument and
<br />the Note. For this purpose, Borrower irrevor,ably grants and conveys to Trustee, in trust,
<br />Initials:
<br />NEBRASKA-Single Fsmily-Fannla AAaejFreddle Mao UNIFORM INSTRUMENT Form 30281(07
<br />Online Documsrrts, Inc. Page 2 of 11 NEEDEm i t08
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