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��15��435
<br /> �E) '�V1ERS" is Mortgage Elec�ronic Registration Sy�tems, Inc. MERS is a separate corporation that is acting
<br /> solely as a nominee for Lender and Lender's successors and assign.s. MERS is the beneficiary under this S�curity
<br /> Instrument. MERS is arganized and existing under the laws of Delaware, and ha.s an address and tel�phone number
<br /> of P.�. Bax 242�, Flint, MI 485��-2�2�y tel. �888�679-MERS.
<br /> [F} "Nvte"means the promissary nate signed by Borrower and dated JANUARY 13, ��15 .
<br /> The Note states that Barrawer owes Lender �NE HUNDRED NINE TH�LTSAN�D 5IX HUNDRED �ND
<br /> fl D/1 fl� Dallars�i.J.S. $ 1 Q 9��D 4,fl 0 }plus interest.
<br /> Barrower has promised to pay th.is debt in regular Periadic Payments and ta pay #he debt in full nvt later than
<br /> FEBRUARY l� 203D .
<br /> (G} '�roperty"means the property that is described belaw wader the heading"Transfer of Righ�s in the Prop�rty."
<br /> �H} 'Zoan"means the d�bt e�idenced by the Note,plus interest, a.ny prepayment cha,rges and late charges due under
<br /> �he Nate, and a11 sums due u.nder this Security Instrument, plus interest.
<br /> �I} '�tiders"means a11 Rid�rs ta this Security Instru.ment that are executed by Barrawer. The following Riders are
<br /> ta be e�ecuted by Borrower �check box as applicable]:
<br /> � Adjustable Rate Rider � Planned Unit Develvpment Rider
<br /> � Balloan Rider � Biweekly Payment Rider
<br /> � 1-4 F amily Rider [] Secand Home Rider
<br /> [] Condaminium Rider [] �t�er�s} �sp�cify]
<br /> [J} "Applicab�e L�w"means all contral�ing applicable federal, sta�e and lacal statutes,regulations, ardin.anc�s and
<br /> adm�nistrati��ru.les and orders�that have the effec�flf law� as well as a11 applicable final, nan-appealable judicia�
<br /> opiuuons.
<br /> (I�} "Community Asso�iati�a Dues, Fees, and Assessments"means al�dues, fees, assessments and ather charges
<br /> that are i.rnpased on B�rrower ar tbe Property by a condamiruum assvciation, homeowners association or similar
<br /> organization.
<br /> (L) "Electron�c Funds Traasfer"means any iransfer af fund.s, ather than a transactian�riginated by check, draft,
<br /> or similar paper instrumen�, which is initiated�hrough an electrvnic terminal, telephanic instrument, camputer, or
<br /> magnetic tape sa as ta order, instruct, or authorize a financial insti�ution ta debit or credit an accoun�. Such�erm
<br /> includes, but is nvt linuted to, point-of-sale transfers, au�omated tel�er ma.chine trar�sacti�ns, transfers uut�ated by
<br /> telephane, wire transfers, and autamated cl�aringhouse transfers.
<br /> (M} '�scrow Items"means thase items that are described in Section 3.
<br /> (N} '�Viiscellaneous Proceeds"means any compensation, settlement, award of damages, or proceeds paid hy any
<br /> third parfiy�other t�han insurance proceeds paid under t�e co�erages described in Section 5} for: �i} damage to, or
<br /> des�ruct�vn of, the Property; ��i}candemnation or other#ak�ing of aIl or any part of the Prflper�y; �iii}con�eyance i�n
<br /> lieu of candem�ation; or�i��misrepresentations vf, or omissions as to, the�alue andlor candition af t�h�Prvperty.
<br /> [�} "Mortgage Insurance"m�ans insurance pratecting Lender against the nvnpayment of, ar default on, the Laan.
<br /> [P} "Periodic Payment"means the regularly scheduled amount due far(i�principal and interest under the Nate,
<br /> plu.s(ii}any amounts under Section 3 af this Security Instrument.
<br /> [Q} '�tESPA"mean.s�he Real Estate Settlement Pracedures Act (I� U.S.C. §2��1 et seq.� and i�s implementing
<br /> regulation, Regulation X(1�C.F.R. Part �.U24}, as they might be amended from tim�to time, or any additional ar
<br /> succ�ssor legislation or regu�atian that g�verns the same subj ect matter. As used in this Security Instrument,
<br /> "RESPA" refers to all requirements and restrictions that are imposed in rega,rd ta a"federally related mortgage laan"
<br /> e�en if the Loan does not qualify as a"federally related mortgage loan" under RESPA.
<br /> NEBRASKA-5ingle Fam�ly--Fannie MaelFr+eddie Mac �NIF�RM INSTRLIMENT- MERS p,�.���C
<br /> Form 3�28 �1�1 Page 2 of 15 www.dvcmagi�.cam
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