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201300493 <br /> Instrument. MFRS is organized and existing under the laws of Delaware. and has an address and telephone <br /> number of P.O. Box 2026. Flint, MI 48501-2026.lel. (888)679-MERS. <br /> (F) "Note" means the promissory note signed by Borrower and dated January II, 2013. The Note states that <br /> Borrower owes Lender Eighty One Thousand Five Hundred Seventy Eight and 00/l00ths Dollars (U.S. <br /> $81,578.00)plus interest. Borrower has promised to pay,this debt in regular Periodic Payments and to pay the debt <br /> in full not later than February 1,2028. <br /> ((:) "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 arid 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 are executed by Borrower. The following <br /> Riders are to be executed by Borrower I check box as applicable]: <br /> ❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider <br /> ❑ Balloon Rider ❑ Planned Unit Development Rider ❑ Biweekly Payment Rider <br /> ❑ 1-4 Family Rider ❑ Revocable Trust Rider <br /> ❑ Other(s) [specify] <br /> (J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances <br /> and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable <br /> judicial opinions. <br /> (K) "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 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 terminal,telephonic instrument, computer, <br /> or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such terns <br /> includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by <br /> 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) fir: (i) damage to, <br /> or destruction 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 /> (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 Security Instrument. <br /> Nebraska Deed of I rust—Single Family—Fnnie nlac/h red(lie Mac Uniform Inslrnmeni Form 3028 1/UI <br /> MERS;\ludilied <br /> '1 he Compliance Source,lnc. Page 2 of IS Modified by Compliance Source 1430INh.08/00 Rev.11.4/08 <br /> www.compliancesource.com '2)+000,The Compliance Source,Inc. <br /> � IIIIIV 1 IIIIII111111111111111111HIIIIIIIIIIIII11111IIIIIII111HIIIIII11111111111111IIItIII III 11111ItIIII <br /> + 0 2 9 8 7 0 4 4 0 4 + G O A D + 2 + 1 4 * <br />