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2� 15�7974
<br /> 7132132775 944853
<br /> Words used rn mu�tip�e sectivns af th�s dacument are def ned be�ow and other words are defined in Sectians
<br /> 3, 11, 13, 1$,2�and 21, Certain rules regarding fi.he usage�f words us�d fn this dacument are a�sa prov�r�ed
<br /> rn Se�tian 16.
<br /> �A}"Security Instrument"means this dveument,which�s dated NQVEMBER 13, 2�15,t�gether with all
<br /> Riders to this docum�nt,
<br /> �B� "Borrower" is GEQRGE A, S�LT AND ��NNI E G. SaLT� �USSI4ATD AND WI FE AS
<br /> J�INT TENANTS WI TH RI GHT QF SURVIVQRSH I P, AND N�T A.S TENANT S IN C�I�i�N.
<br /> Barrawer is the trus�.or under this S�curity�nstrument.
<br /> ��} "Lender" is NEW DAY FINI4NCIAL. LLC. Lender is a LIMITED LIABILITY CaMPANY
<br /> organized and existing under the Iaws of DEI�iWARE. Lender's address is 816� MAPLE I.�wN BLv�,
<br /> STE 34�� FULTaN. MD 2�75�.
<br /> �I�}"Trustee" is DLD REP[�BLIC NATI�NAL TITLE INSURANCE CC�MPANY.
<br /> �E} "MEItS" is Mortgage Eiectronic Regis�ra�ian Systems, Inc. MERS is a separate earporatian that �s
<br /> � acting sa�e�y as a naminee fQr Lender and I�ende�s success�rs and assigns. MER�i5#he beneficiary under
<br />� this Security Instrument.MERS is organized and existing under the�ativs of I3e�aware,and has an addres�
<br /> and te��phane number Qf P.Q. Box����,Flint,MI 485�1-�2�26,tel. �$$$}67�-MER�.
<br /> �F? "Note" means the promissory n�t�signed by Barrawer and dated N�VEMSER 13, ��15. The Nate
<br /> states �hat Barrower owes Lender aNE HUNDRED FIVE THQUSAND AND ��/1�� I�oliars �U.S.
<br /> $1�5,��0.Q��plus interest. Borrawer has promised to pay this debt in regu�ar Periodie Pa�ments and ta
<br /> pay the debt in fu1� nat�ater than DECEN�ER 1� ��45.
<br /> (�} "Prapert�" means the propert�that is described belaw under the heading "Transfer of Rights in the
<br /> Proper�." _
<br /> �H� "Loan" means the�ebt ev�denced by the Note, plus interest,any prepayment charges and iate charges
<br /> due under the Nate,and aII sums due under this Se�urity Instrument, p�us tnterest.
<br /> (I} "R[ders" means a11 Rt�ers to th�s Secur�ty Instrument that ar� executed by Barrower. The fol�owing
<br /> Riders are to be executed by Borrow�r [check box a� applrcable�:
<br /> ❑Adjus�abie Rate Rid�r ❑Condominium Rider ❑Secand Home Rider
<br />- ❑Ba.�loQn Rid�r ❑Planned Unit D�velopment Rider❑Biweek�y Payment Ri�er
<br /> ❑�-4 Fami��Rider ❑�ther(s}�specify�
<br /> �VA Rider L
<br /> �J� "Applicab�e Law" means a�� controlling applicable federal, state and Iocai statutes, reguiations,
<br /> ordinances and administrati�e rules and orders(that have the effect of�a�}as����a�a��applicable f�nal,non
<br /> -appea�ab�e jud�cia�op�n�ons.
<br /> �I�} "Community Associat�on I)ues,Fees,and Assessments" means alt dues, fees,assessments and ather
<br /> charges that are impose� on Barrower Qr the Praperty by a c�ndaminium assaciation, hameawners
<br /> assaciation or similar organizatian.
<br />. �L} ��Elec�ronic Funds Transfer"means any transfer of funds,ather than a transaction originat�d by check,
<br /> draft,or s�milar paper instrument,which is initiated thraugh an eiectronic terminai,telephanic instrument,
<br /> computer,or magneti�tape so as to order, instru�t, ar authori2e a fina.ncial institution to debit or credit an
<br /> account. Such term includes, but is not limited ta, point-af-saie transfers, automated teller ma�hine
<br />_ transactions, transfer� in�tiat�d b� te�ephane, w�re transfers, and autamated clearinghouse transfers.
<br /> �M� "Esrr�ow It�ms"means th�se items that are described in Section 3.
<br /> �N}"Mis�ellaneous Proceeds" means any campensatian,settiement,award af damages,or pracee�s paid by
<br /> any thi�-d party (other �han insuranc� p�-oceeds paid under the co�erages described in Section 5} far: (i}
<br /> NESRASKA--Singl�Family--Fa�nnic MaelFreddic Mac UNIFURM IN�TI�UMENT
<br /> � 338.2� Page 2 of 15 Farm 30�8��0�
<br /> Madifed far�A
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