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� 201208574
<br /> (B) "Borrower" is Earl Tibbs AND Marlene Tibbs, HUSBAND AND WIFE AS JOINT TENANTS.
<br /> Borrower is the trustor under ttiis Security [nstrument.
<br /> (C) "Lender" is ACCESS IVATIONAL MORTGAGE. Lender is a corporation organized and existing
<br /> under the laws of the State of VIRGINIA. Lender's address is 1800 ROBERT FULTON DRIVE,SUITE 350,
<br /> RESTOIY,VIRGINIA 20191.
<br /> (D) "Trustee"is ROBERT W. KRAFI'.
<br /> (E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting
<br /> solely as a nominee for Lender and Lender's successocs and assigns. MERS is the bene6ciary under this
<br /> Security Instrument MERS is organized and existing under the laws of Delaware, and has an address and
<br /> telephone number of P.O.Box 2026, Flint,M148501-2026,teL(888)679-MERS.
<br /> (F� "Note" means the promissory note signed by Borrower and dated October 2, 2012. The Note states that
<br /> Bonower owes Lender One Hundred Thirteen Thousand Two Hundred Fifty Two And 00/100 Dollars (U.S.
<br /> $113,252.00) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the
<br /> debt in full not later than November 1,2042.
<br /> (G) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br /> Property."
<br /> (H) "Loan" means the debt evidenced by the Note,plus interest,any prepayment charges and late chazges 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 are executed by Borrower. The following
<br /> Riders are to be executed by Borrower[check box as applicahle]:
<br /> [ ] Adjustable Rate Rider [ ] Condominium Rider [ ] Second Home Rider
<br /> [ ] Balloon Rider [ ] Planned Unit Development Rider [ ] I-4 Family Rider
<br /> [X] VA Rider [ ] Biweekly Payment Rider [ ] Other(s)[specify]
<br /> (.1) `°Applicable Law"means all controlling applicable federal,state and local statutes,regulations,ordinances
<br /> and administretive rules and orders (that have the effect of law) as well as all applicahle final, non-appealable
<br /> judicial opinions.
<br /> (K) "Community Assaciation Dues, Fees, and Assessments" means all dues, fces, assessmenu and other
<br /> chazges that are imposed on Borrower or the Property by a condominium association, homeowners association or
<br /> 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[erminal,telephonic instrumeny computer,
<br /> or magnetic tape so as to order, instruct,or authorize a financial institution to debit or credit an account. Such term
<br /> includes, but is not limited to, point-of-sale Lransfers, automated teller machine transactions, uansfers initiated by
<br /> telephone,wire transfers,and automated clearinghouse transfers.
<br /> (1Vn "Escrow Items"means those items[hat are described in Section 3.
<br /> (I� "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by
<br /> any third par[y (other than insurance proceeds paid under the coverages described in Section 5) for. (i) damage to,
<br /> or deshvction of,the Property; (ii) condemnation or other taking of all or any part of the Property; (iii)conveyance
<br /> in lieu of condemnation;or(iv)misrepresentations of,or omissions as to,the 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 /> NEBRASKA-Single Family-Fannie Mae/Freddie Mae UNIFORM INSTRUMENT WITN MERS Form 3028 1101
<br /> Page 2 of 16 ro �T
<br /> Initials:Y�T •
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