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��14�4534
<br /> Instrumen�MERS�s organi2ed and exzs��ng;under�he Ia�vs of D�iaw�re,and has an address and�elephone number of
<br /> P.�.Bax�Q�G,FIint,MI 4S5Q1-��Zf,�e�.(858�679-MERS.
<br /> (F}"Nate"means�he pr�m.�ssory no�e signed by Borrower and da�ed Ju�y 15,2�14.Th�No�e sta��s tha�Barrativer ou�es
<br /> Lender F�RTY F�UR TH�USAND AND N�I1D�Do�lars[U.S.$44,UUU.4U}p�us rn�erest.Borrower has promxsed�o
<br /> pay�his debt�n reguXar Period.ic Payments and to pay the debt in full n��Ia�er than Au�ust 1,ZU24. .
<br /> �G3"Property"means the proper�y that rs descr�bed below under the heading"Transfer of l�ghts in the Prap�rty."
<br /> [H]"Loan"means�he debt evi_denced by�he Note,p�us�n�erest,any prepaymen�charges and la�e charges due under the
<br /> No�e,and aIl sums due under this S ecuri��Instrument,p�us interes�.
<br /> (d}"Riders"means a��Riders�a this Security Instrum.ent tha�are execu�ed by Borrou�er.The fo�lowing Riders are to
<br /> be executed l�y BorroWer[check I�ox as app�xcable�:
<br /> ❑ Adjustab�e Rat�R�der ❑ C�ndomi.�um Rider ❑ Secand Home Ri.der
<br /> ❑ Ballo�n Rider ❑ Planned Unit DeveXopment R�der ❑ VA Rider
<br /> ❑ 1.-4 Fami.Xy R�der ❑ Biureel�ly Paymen�Rider
<br /> ❑ �her[Spec�fy�
<br /> �J�"Applica�l.e Lav�"means al�controlling appl�cable federai, state and Iocal statu�es, regu�atxnns, orclinances and
<br /> admxnistrative rules and orders [tha�have the effect of�aw3 as tivel� as a�l applicable fina.l, non-appeaiab��juclicia.I
<br /> opinions.
<br /> (K�"Communzty Assocxat�ion Dues,Fees,and Assessments"means aII dues,fees,assessmen�s and other charges that
<br /> are�mposed on Borrotiver or�he Property by a condominium assncxa��on,homeowners assocxa�ron flr si.mxlar�rganizat�on.
<br /> (L)"Electrani�Funds Transfer"means any transfer of funds,other than a transac�ron origina�ed by checl�,draft,or
<br /> simiiar paper�nstrument,�hich xs�nxt�ated thr�ugh an electronic tenrllnai,�elephon�c�nstrument,computer,or magne�.c
<br /> tape so as to arder,�nstruct,or autharize a financ�al institu��on to deb�t or credxt an account.Such�erm includes,bu�is not
<br /> l�mited�o,poxnt-of-sale transfers,au�oma�ed�eller mach�ne transac�.ons,�ransfers�nitiated by telephone,w�re transfers,
<br /> and automa�ed clearinghouse traxisfers.
<br /> �M]"Escrow Items"means those i��ms tha�are descr�bed in Section 3.
<br /> �"Misc�llaneous Proceeds"means any compensat�on,set�Xemen�,award of damages,ar pro�eeds paX.d by any�hi.rd
<br /> pa,rty�other than xnsurance proceeds paid under�he�overages described in Section 53 for:�i}dam.age to,or destruct�on
<br /> of, th� Prapez-�y; (ix�condemna�ion or oth�r �a.k�ng of aI� or any part of the Proper�y; �x���c�nveyance zn Ireu af
<br /> condemna�xon;or��v}misrepresenta��ons of,or omY ssxons as to,the value andlor condition of�he Property.
<br /> (�}"Mortbage Insurance"means insurance pro�ec��ng Lend�r aga�ns��he nonpayment of,or default on,the Laan.
<br /> �P�"Periodic Payment"means�he regu�ar�y scheduled amount due for�i}princ�pal and interest under the Note,plus
<br /> ���}any amounts under Sec�xon 3 of�his Security Instrument.
<br /> ��}"RESPA" means �he Real Es�ate Set�Iement Procedures.AC� (I2 U.S.C. � 260J. e��seq.} and ��s implementing
<br /> regulat�on, Regulatian� �I� C.F.R. Part �.��4�, as they might be amended from t�me�o t�me, or any adelit�onal or
<br /> su�cessor�egi.sxat�on�r regula�ion�hat governs the same subjec�mat�er.As used in thi.s Securi�y Ins�trument,"RESPA"
<br /> refers�o a�.�re�uirements and restrzctzons�ha�are rmposed�n regaxd to a"federally re�ated mor�gage�oan"even if the
<br /> Loan does n��qualify as a"federaI.�y re�ated mortgage Ioan"under RESPA.
<br /> (R}��Succes5or in Interest af Borrawer"means any pa.r�y that has�aken title�o the Prflpez-�y,whether or not�hat party
<br /> has assumed Borrower's oblzgat�ans under the No�e andlar th�s Security Instrument.
<br /> TRANSFER�F RIGHTS IN THE PR�PERTY
<br /> The benef��xary of this Security Instrumen��s MERS�so�ely as nominee f�r Lender and Lender's successars and assigns}
<br /> and to th�successors and assi�ns of MERS.This Security Instrumen�secures�o Lender:�i}�he repayment of the Laan,
<br /> NEBRASKA-Sing[e Fami[y-Fannie MaelFreddie Mac UNIF'�RM INSTRUN[ENT w��h MERS Form 3�28 11�'I
<br /> Page 2 of�3 � ��.
<br /> tns,inc. . Barrower�s}Ini�ia[s ���'�.� �
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