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2� 15�7979
<br /> L�AN#: 181518�D89
<br /> �D� "Trustee" is Khechok Langchung 1 Assistant Contra�ler,3DD North Elizabe�h Street, Suite
<br /> 3E,Chica�o, �L��54'�.
<br /> tE� "MERS"�s Martgage E�ectranic R�gistrat�on Sys�ems, Inc. N[ERS is a separa�e corporation�hat is
<br /> acting svle�y as a nominee for Lender and L�nder's succ�ssors and assigr�s. �tERS is the beneficiary
<br /> under this Secur�ty Instrumen�.MERS is organi��d and ex�s��ng under�h�laws of Delawa�e,and has
<br /> an addr�ss�nd tel�phane numher of P.�. Bvx 2U26, Flint, MI 485D'I-�a��, �el. �8�8}579-NiERS.
<br /> � �F� "�ate"means fhe p�omisso�y no�e signed by Borrower and da�ed Nv�em�er 13,2D1�.
<br /> Th� No�e states�hat Bo�r�we�ovves Lender t]NE HUNDRE�THIF�TY THDUSAND AND NDI1��***
<br /> ****��**************�**********�*********�*************�************
<br /> *******�***�*******�*��*******�***�*********�*�*********�******Doilars
<br /> �U.S. $13D,00a.0� } p�us inte�est. Borrower has pra�nised to pay this debf in regu[a�Period�c
<br /> Payments and�o pay th�d��t in fu�� no�later�han Dec�mber 1,�2�4�.
<br /> �G� "'Prop�rty" means th� property�hat is described below under�he head�n� "Transfer of Righ�s in
<br /> the Property."
<br /> �H� "Loan" means the debt ��idenced by the Note, p�us �n�erest, any p�epayment cha�ges and late
<br /> �harg�s due und�r�he Nvt�, and�Il sums due under�nis Se�urifiy ins�rum�nt, p[us in�erest.
<br /> �I} "R�ders"means al�R�ders t�this Secur��y Instrum�nt thafi are exe�uted by Bo�rower.The follawing
<br /> R�de�s are to be eKecu�ed by Borrower�check box as app[i�able]:
<br /> ❑ Adjus�able Rate Rider ❑ Condominium Rider ❑ S�condHomeR�der
<br /> C� Ba��oon Rid�� ❑ P�ann�d Unit�e�elopment R�d�r ❑ �ther��} [specify�
<br /> ❑ '�-�4 F�m�[y Ride� ❑ Biv�r�ek�y Paym�nt Rider
<br /> � V.A. Rider
<br /> tJ} "App�icahle Lavu" means all contro��ing applica�[e federa[, s�a�e and lacal st�tutes, regu�atians,
<br /> ordinance� and adminisfrati�� rules and ord�rs �t�at have �he effect of law} as �vell �s aIC app�i�able
<br /> �ina[, non-appeala�le�ud�cia�vpini�ns.
<br /> �K� "Cammun�tyAssvciativn Dues,Fees,and Assessments"means all dues,f�es,assessments and
<br /> v��er charges�ha�a�e imp�s�d an Ba��ower orfihe Proper�y by a candomin�um assoc�ation,homeawners
<br /> assoc�atian o�similar ar�an�zation.
<br /> tL} "Electran�c Funds Transfer" m�ans a�y transfer of fur�ds, other than a�ransac�ion o�igina��d by
<br /> check, draft, vr simifar paper ins��ument, vvhich is ��i�iated through �n elec�roni� �erminal, �elephanic
<br /> instrument,compu�er,or magnetic tape so as�o arder, inst�uct,or author�ze a finanG�al institu�ion to debit
<br /> �r credit an ac�aun�. Sucn�erm includes, bu� is na� �im�ted fio, po�n��of-sale transfers, autamated�ell�r
<br /> machine transactions, transfers in���a�ed by �elephone, w�re trans�ers, and autamated clearinghouse
<br /> �rans��rs.
<br /> �M} "Escrow ltems" m�ans tho�e items�hat are described �n Section 3.
<br /> �N� "N��sce�laneous Prviceeds"means ar�y Gomp�nsa�ion,settfem�nt,award of damages,or prviceeds
<br /> paid by any th�rd par�y ���h�r than insurance proce�ds paid under�he correrag�s d�scr�hed in S��f ion
<br /> 5}for: �i}damage to, or d�sfiruc���n of, �he Proper�y; �ii} candemna��on a�a�her�a�ing of�II ar any pa�fi
<br /> of the P�operty; �i�i}c�n�eyance �n lieu of condemnation; vr��v3 misrepresentat�ans of, or omissi�ns�s
<br /> to, �he Wa�ue andlar condition af the Prape�ky.
<br /> �Q� "Mor�gage lnsurance" m�ans insurance pr��ec�ing Lend�r a�ainst the n�npaymen�of, or defau[t
<br /> on, the Loan.
<br /> tP} "Periodic Paymen�"means�he regular�y��hedul�d am�unt due fo��i}pr�ncipal and�nt�res�unde�
<br /> the Not�, pius �i�}any amounts under Secfiion 3 af�his Security Instrument.
<br /> �[�� "RESPA" means the Real Es�ate Se�filement Procedures Ac� �'�2 U.S,�. §2��'� e� seq.} and its
<br /> imp�emen�ing regulatian, Regulation � �12 C.F,R. par� '1��4}, as�hey might �e amended from fime to
<br /> �ime, ar any add���onal or successor legisl�tion or re�u�ation �hat governs th�same subject ma�te�.As
<br /> used in �his S�curity lnstrumen�, "RESPA" r�f�rs fo a�l requir�men�s and res�rictions thaf a�e impos�d
<br /> in r�ga�d to a"federally rela�ed mar�gage loan"eWen if the Lo�n does no�qualify as a"federally related
<br /> mor�gag�loan" und�r RESPA.
<br /> �R� "Successar in�nterest�f Borr�wer"means any pa�ty�ha�has�ak�n t�tle to the Property,whetner
<br /> ar not�haf party has assur��d Borrawer's ob�igafions under t�e Note andlar�his Securi�y Ins�runnenfi.
<br /> TRANSFER 4F RIGHTS �N THE PRDPERTY
<br /> The benef�c�ary of th�s Secur��y �nstrum�nt �s MERS �safe�y as nominee fvr� L�nd�� and Lender's
<br /> successors and assigns} and the successors and assigns of MERS. This S��ur�fiy �ns�rumen�se�ures
<br /> �o Lender: �i} the repayment of�he Loan, and afl renewals, e�ctens�ans and modifica��ans of fhe Note;
<br /> and �ii} the perFormance of Bar�ower's co�enants and agreem�nts under th�s Securi�y instrumenfi and
<br /> �he Nvte. For this purpose, Borrow��irrerraca�ly grants and con�eys�a Trustee, in�rus�, ith pav� �o
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<br /> NEBRASKA--Single Fam�ly--Fannie MaelFreddie Mac�NIFDRM INSTRUMENT Form 3��8'�141
<br /> Ellie Mae,ln�. Page 2 of�� NEEDEE❑ 0315
<br /> NEE�EED
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