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<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 successors and assigns. MERS is the beneficiary nnder this Security
<br />Instrument. MERS is organized and existing under the laws of Delaware, and has an address and telephone number
<br />of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS.
<br />(N� "Note" means the promissory note signed by Borrower and daxed OCTOBER 10 , 2 012 .
<br />The Note states that Borrower owes Lender FORTY - TWO THOUSAND AND 0 0/ 10 0
<br />Dollars (LJ. S. $ 4 2, 0 0 0. 0 0 ) plus interest.
<br />Bonower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than
<br />NOVEMBER 1, 2027 .
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(� "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under
<br />the Note, and all sums due under this Security Instrument, plus interest.
<br />(n "Riders" means all Riders to this Security Instrument that are executed by Bonower. The following Riders aze
<br />to be executed by Bonower [check box as applicable]:
<br />� Adjustable Rate Rider
<br />� Balloon Rider
<br />� 1-4 Family Rider
<br />� Condominium Rider
<br />� Planned Unit Development Rider
<br />� Biweekly Payment Rider
<br />� 5econd Home Rider
<br />� Other(s) [specify]
<br />(� "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and
<br />administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial
<br />opinions.
<br />(I� "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges
<br />that are imposed on Bonower or the Property by a condominium associarion, homeowners association or similar
<br />organiza.tion.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other tha.n a transaction originated by check, draft,
<br />or similaz paper instrument, wluch is initiated through an electronic terminal, telephonic insttvment, computer, or
<br />ma.gnetic ta.pe 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 transfers, automated teller machine transactions, transfers initiated by
<br />telephone, wire transfers, and automated cleazinghouse transfers.
<br />(1Vn "Escrow Items" means those items that aze described in Section 3.
<br />(1� "Miscellaneous Proceeds" means any compensation, settlement, awazd of damages, or proceeds paid by any
<br />third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) da.mage to, or
<br />destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in
<br />lieu of condemnation; or (iv) misrepresenta.tions of, or omissions as to, the value and/or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender aga.inst the nonpayment of, or default on, the Loan.
<br />(P) "Periodic Payment" means the regulazly scheduled amount due for (i) principal and interest under the Note,
<br />plus (ii) any amounts under Secrion 3 of ttris Security Instrument.
<br />(Q) "RESPA" means the Rea1 Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing
<br />regulation, Regulation X(24 C.F.R Part 3500), as they might be amended from time to time, or any additional or
<br />successor legislation or regulation that governs the same subject matter. As used in tlus Security Instrument,
<br />"RESPA" refers to all requirements and restrictions that are imposed in regard to a"federa.11y related mortgage loan"
<br />even if the Loan does not qualify as a"federally related mortgage loan" under RESPA.
<br />N�RASKA-Single Family-Fannfe Mae/Freddie Mac UNIFORM INSTRUMOVT - MERS DocMa c�
<br />Form 3028 1/01 Page 2 of 15 www,doanaglc.com
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