2� 1 �� 1827
<br /> �F} "N'ote't means�he promissory nate signed by Borrower and da�ed March 25, 20'I 6 .
<br /> The Nate s�at�s�ha�B orrowe�r av�es Lender
<br /> N�netyTwo Thousand�ne Hundred Fifty D�LLARS and ZQro CENTS
<br /> Dollars �U.S. � 92,'���.D� } plus interes�. Barr�wer has pram�sed �a pay this debt in r�gular
<br /> Periodic Paymen�s and to pay�he debt in full not later�han Apri� 'I, 2�46 .
<br /> ��} "Property" means �he proper�y �hat is described be�o�nr under �he heading "Transfer of Rights �n the
<br /> Pr�perty."
<br /> (H} "Laan"means the deb� e�id�nced by the No�e, plus in�erest, any prepayment charges and lat� charges
<br /> due under the No�e,and a�l sums due under�his Security Yns�rument,plus in�eres�.
<br /> �I} "Riders�' m�ans ai� Riders to �his 5ecurity �ns�rumen� �hat are execu��d by Bor�rawer. The following
<br /> Riders are tifl be execut�d by Borrawer�check box as applicable�:
<br /> [� Ad�us�ab�e Ra�e R�der [� �ondom�nium Rrder [� Second Home Rider
<br /> � Balloon Rider [� Planned Uni�De�elapment Rider Q 1-4 Family R�der
<br /> [� Biweek�y Paym�nt Rider [� V.A.Rider
<br /> [� ��her�s� [spec�fy�
<br /> tJ} �'Applicab�e Law" mear�s alI control�ing applicable federal, state and Iocal statu�es, regula�ians,
<br /> ord�nances and admin�s�ra�ive rules and orders ��hat ha�e �he eff�ct of lav�� as wel� as all app���able f�nal,
<br /> na��appealab�e jud��ial opinions.
<br /> (K� '��ommunxty Association Dues, Fees, and Assessments" means a11 dues, fees, assessm�nts and o�h�r
<br /> charges �ha� are imposed on Borrawer or the Property by a condomin�um assac�a�x�n, homeowners associa�ion
<br /> or sxmi�ar Qrganiza��on.
<br /> �L) "Electronic Funds Transfert' means any transfer of funds, ather �han a transac�ian orxginated by check,
<br /> draft, or sim�lar paper ins�rumen�, wh�ch is initiated thr�ugh an elec�ronic termznal, telephonic ins�rument,
<br /> camputer, �r magnetic tape so as �o order, ins�ruc�, or authorize a f�nancia� institution to d�bi� or credi� an
<br /> account. Such �erm inc�udes, bu� is not l�mxted to, pain�--of sa�e transfexs, automa�ed teller machine
<br /> transactians,�ransfers �n��ia�ed by te�ephone,wxre�ransfe�rs,and automated clearinghause�ransfers.
<br /> �M} "Escrow Items�'means those i�ems tha�are des�rzbed in Sectxon 3.
<br /> �N} "Misce��aneou�Proceeds" mea�s any compensa��on, se�tlement, avvard af damages, or proceeds paid by
<br /> any third party �otiher than insurance praceeds paid under the �overages described in Sec�ian 5} for: �i� damage
<br /> to, or des�ru��ian of, �h� Praperty; �r�� condemna��on or other �aking af all ar any part of�he Propexty; �xx��
<br /> conveyance in �xeu of condemnation; ar �i�} m�srepresenta��ons of, ❑r omissions as to, the �alue andlor
<br /> cond��ion of�he Proper�y.
<br /> ��} "1Vlor�gage Insurance"means insurance pro�ect�ng Lender agains� the nonpaymen� of, or defau�t on, the
<br /> Loan.
<br /> �P} "Periodxc Payment" means �he regulariy scheduIed amoun� due for ��} principal and in��res� und�r the
<br /> Na�e,p�us�ii�any amoun�s under Section 3 of this Secur�ty�ns�rument.
<br /> (Q� "RESPA'� means the Real Esta�e Settlemen� Pro�edures Act ��2 U.S.�. �Z�O 1 e� seq.} and i�s
<br /> imp�emen�ing regu�a�ian, Regula��an � �24 �.F.R. Fa�r� 35��}, as �hey might be amended from t�me to time,
<br /> or any additional �� successor Iegis�ation a�r regulatro�a �hat g��erns the same subject matter. As used �n this
<br /> Secur�ty Instrument, "RESPA" refers to a�� requiremen�s and res�ric�ions that are �mposed in regard �o a
<br /> "federa��y rela��� m�rtgage loan" even if the Loan does not qua�ify as a "federa��y related mor�gag� �aan"
<br /> under RESPA.
<br /> �R) "Successor in In�erest of Bflrrovver"means any par�y tha� has taken ���le to �he Prope�y, �vhe�he�r or not
<br /> tha�party has assumed Borrow�r's obiiga����zs und�r�he Na�e andlor this Security�ns�rument.
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