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2� 1 ���857
<br /> Instrument. MERS is�rganized and existing under the laws�f I]elaware,and has an address and�elephone number
<br /> �f P.�. Box 20�.�, Flint, M� 485�1-�,�ZG, tel. �888}679-MERS.
<br /> �F} 'TTote"means the prornissnry note signed by�3orrower a.rid dated FEB��7�RY �, 2 0�.�6 .
<br /> The Nvte states that Borrower owes L�nder �NE HU�iTL)�ED 11TINETEEN '1'H�T�SAND 'I'�I��E
<br /> HUNDR�D SIXTY-EI�HT �t�TD OD/10� Dnllars�LT.S. $ 113, 3�$.�D }
<br /> plus interest. B�rrawer has promis�d to pay this debt in r�gu�ar Periadic Payments and to pay the debt in full not later
<br />, than �R�I� �., 2 C�4� .
<br /> �G} "Property"means the property that is described below under the heading"Tra�sfer of Rights in the Prvperty."
<br /> (H} "Loan"means the debt evidenced by the No�e, pius interest, late charg�s due under the Nate, and al�sums due
<br /> under this Security Instrument, plus interest.
<br /> �I) "Riders"means a�1 Riders to this Security�nstrurn�nt that ar�exe�uted by Borrow�r. The following Riders are
<br />�
<br /> tv be�xecute�i k�y Borrower �checl�box as applicable]:.
<br />�
<br /> [� Adjustable Rate Ri��r � Planned Unit Development Ric�er
<br />�
<br /> [� Gvndaminium Rider � 4�her�s� �specify]
<br />�
<br /> (� "Applicat�le Law"means all cantrollin�appli�able f�d�ral,state ax�d i�cal statutes,regula�ians,ardinances and
<br /> adrninistrative rules and orders�that have the effect of 1aw� as we�l as a11 applicab�e final, nnn-appealabl�judic�al
<br />�
<br /> opinians.
<br /> �I� "�'ommunity AsSociation Dues, Fees, and ASsessment5"means all dues, fe��, assessments and o�her charges
<br /> that are imposed an B�rrower or the Property by a condominium associatian, homeowners �ssociation ar similar
<br /> organ�zation.
<br />� �L� "Electrflnic Funds Transfer"means any transfer of funds, �ther than a transactian originat�d by check, draft,
<br /> or sirnilar paper instrument, which is ini�iated through an el���r��i�te�n�inal, tel�phoni�instrux�ent, c4m�u�.er, flr
<br /> magne�ic tape so as to �rder, instruCt, or authorize a financial institution to d��it.or credit an ac�ount. Such t�rm
<br />� includes, �ut is n�� �imited ta, paint-of-sa�e transfers, automated teller machtne transactions, transf�rs initiated by
<br /> telephone, wire transf�rs, and automated ciearinghous��ransfers.
<br /> �M} "Escrow Iterns"means those items that ar�described in S e�tion 3.
<br />, [N� "Mi�cetlaneous Pro�eeds"means any c�mpensation, settlement, award af damag�s, or proce�ds paid by any
<br /> third party �o�her �han insurance proceeds paid under the c�verages des�ribed in SeCtion 5� for: �i} damage to, or
<br /> destru�tion of, the Fr��erty; (ii}c�ndemnation or ather�aking of all or any pa�t o��e Property; �iii}con�ey�c�in
<br /> �ieu af candernnation; or�iv}misrepr�sentations flf, or omissions as ta, �h�value andlor conditian�Qf the Prop�rty.
<br /> ��} "Mortgage Insuranee"means insurance protecting Lender against the nanpayment of, ar default vn, the Loan.
<br /> �P} "PeriodiC Payment"means the regularly s�heduled am�unt due for�i}prin�ipal and interest under the Note,
<br /> plus�iij any amvunts under Section� nf this S�curity Ins�rumen�.
<br /> ��) "RESPA"means the Real Estate Settl�ment Procedures Act �12 U.S.C. §�601 et seq.} and its �mp�ementing
<br /> regu�ation, Regulati�n��1��.F.R. Part 1 U24}, as th�y might be amended from t�me t� timea nr any addititinal or
<br /> su�cessor legislation or regulati�n that go�erns the same suh�ect ma.t��r.As used in this Se�u�ity Instrument, "RE�PA"
<br />� refers to a11 requirements and restrictions that are imposed in re�ard ta a"federally related mortgage loan" even if the
<br /> L�an does not qualify as a "federally related mortgage i�an" under RESPA.
<br /> �R} "Secretary"means �he Secretary nf th�United States Department of Housing and Urban Development�r his
<br /> design�e.
<br /> t5) "Successar in Intere5t of B�rrower"rneans any party that has taken title ta�he Property, whether or nat that
<br /> party has assumed B�rrnwer's obliga�ions under the Note andl�r this Securi�y Instrum�nt.
<br /> IVEBRASKA FHA DEED�F TR�ST-MERS p��g��
<br /> N E[]�TZ2.FHA 491�411� Page� vf �3 www.docrnagic.corn
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