201209434
<br /> (E) "MERS" is Mortgxge Eleclronic Registration Systems, Inc. MERS is a separate corpora[ion that is acting
<br /> solely as a nominee for Lendcx nnd Lender s succcssors and assi�s. MERS is the beneficiary under this Security
<br /> [nstrument. MERS is organiz�d end cxisung under the laws of Delaware, and hxs an nddress and telephone nombcr
<br /> of P.O. Box 2026, Flint, MI 48501-2026, teL (888) 679-MERS.
<br /> (F) `Note"mcans Ihe promissory notc signcd by Horrower and dated NOVEMBER 2 , 2 012 .
<br /> -I'hc Notc statcs thal Borrowcr owes Lender ONE Hi7NDRED SIXTEEN THOUSAND EIGHT
<br /> HLTNDRED AND 00/100 Dollars (U.S. S116, 800 . 00 )plusinteresl.
<br /> Borrower has promiscd [o pay this debt in regular Periodic Payments and to pey the debt in full not later than
<br /> DECEMSER l, 2027 .
<br /> (G) 'Troperty"mexns the property thal is descri6ed below under thc hcading"TransFerof Righis in lhc Property."
<br /> (H) "Loan"means lhe dcbt evidcnced by the Note,plus inlerest, any prcpaym��tt chargcs end latc chazges due under
<br /> thc Note, and all sums due under this Security Instrume.nt, plus intcrest.
<br /> (I) 'Riders"means all Riders�o this Sccurity lnstrumcnt lhat are executed by Borrowcr. The following Ridcrs azc
<br /> to bc cxccuted by Borrower[check box as applicxblc�:
<br /> � Adjuslable Ra[e Ridor � Planned Onit Development Rider
<br /> � l3alloon Ridcr � Biweekly Payment Rider
<br /> � 1-4 Family Rider � Second Homc Rider
<br /> � Condominium Ridcr � Othcr(s) [specify]
<br /> (.n "Applicable Law"mrans all controlling applicablc fcdcrxl, s[xte and local sutules,rcgulations, ordinanecs and
<br /> administretivc rules and orders(tha[ have the effect of law) as wcll as all applicnble 5nal, non-appcalable judicial
<br /> opinions.
<br /> (K) "Community Assuciation Dues, Fees, and Assessments"mrans aIl dues, fecs, assessmcnts and olhcr chargcs
<br /> that are imposed on 13orrower or thc Propc,vty 6y x condominium associalion, homeowners association or similaz
<br /> organizetion.
<br /> (L) "Electronic Funds Transfer"means any tra�sfer of funds, other thu�a transae:tion originxtc�by check, drafl,
<br /> or similar paper inslrument, which is initiatcd through an electronic tcrminal, Lelcphonic inslrument, compuler, or
<br /> magnetic tapc so es lo order, instruct, or aulhorize a financial institution to debit or credit an accouriL Such term
<br /> includes, bul is not limitcd to, point-of-sale lransfer5, automated tellc,v mae;6inc transxctions, lransfers ini[ix[ed by
<br /> telephone, wire trens&,rs, end automx[ed clearinghouse lransfers.
<br /> (M) "Escrow ltems"mcans those items thxt are dexribed in Seclion 3.
<br /> (N) "Miscellaneous Proceeds"mrans any compenstttion, sctticmcnt, award of damages, or procc�ds paid by any
<br /> third party (olher than insurance procceds paid under lhe coverages desc;ribed in Section 5) for: (i) damege lo, or
<br /> destruction o� lhe Property; (ii)condemnation or other laking of xll or any part of the Property; (iii) comeyance in
<br /> ]ieu of condemnation; or(iv) misrcprescntxtions of, or omissions as lo, lhe value and/or condition of lhc Property.
<br /> (0) "Mortgage Insurauce"means insurancc protccting Lcnder xgainst lhe nonpayment of, or default on, the Loan.
<br /> (P) "Periadic Payment"means the regularly scheduled amount duc f'ur(i)principal and intcrest under l6e Nole,
<br /> plus (ii)xny amounls under Swtion 3 of this Sccurity Ins[rumcnt.
<br /> (Q) 'RESPA"means the Real 8state Setllemenl Proccdures Act(12 U.S.C. §2601 el sey.) and i�s implemanting
<br /> regulatioq Rcgulxtion X(24 C.F.R. Part 3500), as Lhey might be amu�dcd from timc to time, or any additional or
<br /> successor legislation or rcgulxiion that govems the same subjecl malter. As uscd in this Sccurity Instrumcnt,
<br /> "RESPA"refers lo all rcquircm�nts and reslrictions[ha[arc imposed in regard to a"fedcrally rclated mortgxgc loan"
<br /> cvcn it'the Loan does not yualify as a"fedcrxlly rclxtcd mortgage loan" under RHSPA.
<br /> N�RASKA--Single Family—Fannie MarJFretldie Mac UNIFORM INSTRUMENT- MERS DocMaglc ui ;
<br /> Fortn 3028 1101 Page 2 of 75 www.docmagic.com
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<br /> BANK 014025159
<br /> . PMOFEO_�207t25453
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