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<br /> �� rrME�►t 1� Mor�gage E�ec�roni� Regis�ra���n Systems, Inc. MERS is a separa�e carporatian tha� is acting
<br /> solely as a nominee for Lender and Lender's successors and assigns. MERS is the bene�c�ary under this Security
<br /> Instrum�nt. MERS zs argan�zed and ex�sting under the�laws of De�aware, and has an address and telephone num�er
<br /> of P.fl. Bax 2�26, Fl�nt, Mr 485��-2�2�, �el. �S$S� G79-MERS.
<br /> [F� "Note"means th�promissary note signed by Borrower and dated JULY Z 3, 2 016 .
<br /> The N�te stat�s that B�rrower ov�es Lender TWo HTJNDRED TH�USAND AND ���1 Q�
<br /> Do�lars�U.S. $ 2��,��0.D� }plus�nteres�.
<br /> Borrower has prom�sed to pay �his deb� �n regular Per�adic Paymen�s and to pay the debt in full not later than
<br /> AUGUST l, ��46 .
<br /> (G} "Property'"rneans the property that is described below under the heading"Transfer of Rights�n�he Property."
<br /> �H} "Loan"means the debt e�idenced by the Note,p�us interest, any prepayment charges and�ate charges due under
<br /> the Note, and a��sums due under this Security Ins�rument, plus interest.
<br />. �I} "R�ders"rneans alI Riders to this Secur��y Instrument�hat are e�ecuted by Borrvwer. The fol�owing Riders are
<br /> �o be ex�cuted by Borrovver [check box as app�icable�:
<br /> � Adjus�ahle Rate Rider [] Planned Unit De�elopment Rider
<br /> � Balloon Rider [� B�weekly Payment Rider
<br />� [] I-�4 Family Rider � S�cond Horne Rider
<br /> [� �and�minium Rider � �ther�s} �specify]
<br /> �J} "Appl�ca�le Law"means all controli�ng app�icable federa�, state and Iacal statutes,regulat�ons, ordinances and
<br /> administrati�e rules and�rders��ha�ha�e the effect of law} as v�rell as a11 appiicable final, nnn-appealabie jud�cial
<br /> opin�ons.
<br /> (K� "CammunYty Asso�iation Dues, Fees, and Assessments{'means a11 dues, fees, assessmen�s and o�her charges
<br /> that are impflsed on Borrow�r or the Proper�y by a candvminium asso�ia�ian, homeowners assacia�ion �r simx�ar
<br /> organ�zation.
<br /> �L►� "Electranic Funds Transfer"means any�ransfer of funds, other than a transaction originated by check, draft,
<br /> ar s�milar paper instrument, �rh�ch is initiat�d through an�tectronic terminal, teleph�nic �nstrument, computer, or
<br /> magnet�c tape sa as to order, instruct, or autharize a f nancial insti�utian ta debzt or credit an accvunt. Such term
<br /> includes, bu�is nvt limited�o, �aint-�f-sale transfers, automated�eller machine transactions, transfers initiated by
<br /> telephone, wire transfers, and autamated clearinghause transfers.
<br /> �M} "Eserow Items"means thase items tha�are described in Section 3.
<br /> (N} "M�iseellaneou� Proceeds"means any campensation, settlement, award of damages, or proceeds paid by any
<br /> third party�other than insuran�e proceeds pa�d under�he coverage�described in Sectxan 5} for: �i} damage to, or
<br /> destruction of, the Prop�rty; �ii} candemnation or other taking of aI�or any par�of the Fraperty; �i��} conveyance in
<br /> �ieu of cond�mnation; ar�i�}misrepresentatians of, or omi�sions as ta, the�alue ancllor condition af the Property.
<br /> ��} "Mortgage Insurance"means insu.rance pratecting Lender against the nonpayment of, ar defauit on,the Loan.
<br /> (P� "Per�adic Paymen�"means the regularly schedu�ed amaunt due for(i}principal and interes�under the Note,
<br /> p�us�ii�any amaun�s under Section 3 of this Secur�ty Instrument.
<br /> (Q� "RESPA"means the Rea1 Estate Settiement Pracedures Act �12 Il.S.�. §�641 e�se�.} and its �mplementing
<br /> regulatian, Regulation���� �.F.R. Part I Q24), as they might be amended from time�o�ime, or any additiona�ar
<br /> succes�or legislat�on ar regula��on that go�erns the same subj ect matter. As used in this 5ecurity Instrument,
<br /> "RESPA" refers to ali requirements and restrietions that are imposed ir�regard to a"fed�rally re�ated m�rtgage�aan"
<br /> �ven�f the Loan does nat qualify as a"federally retated mortgag� laan" under RESPA.
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<br /> NEBRASKA--Singie amily--Fannie MaelFreddie Ma� UNfF�RM �NSTRUMENT- MERS ���gf�
<br /> Fprm 3�28 1141 Page 2 vf '15 ww�_r�ocmagi�.com
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