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<br /> �E} "MERS" �s Mortgage Electronic Registratral7 Systems, rn�. MERS is a sepaz ate corporation tha� �s ac�ing
<br /> sfllely as a��aminee for Lender and Lender's successars and assigns. IV�EKS rs thc bcncficia�-� �unt�cr this Se�uri#:y
<br /> Ynstrument. MERS is ox ga��iLed and existi��g under the laws of Delaware, and l�as an address and te�ephone z7um�er
<br /> of P.Q. Bax��26, FI����, MI 485�1-Z�ZG, tei. �S 8S} 679--MFRS.
<br /> �F} "Note"means the promissoz•y note signed by �3orrov��:i- and c�atcci C3C�rI'O�ER 1� , �015 .
<br /> The Note s�a�e�that Borrower awes Lender �NE HUNDRED TWE LVE TH�USAND FC�UR
<br /> HLTNDRED AND Ut��1�� Dollars �L�.S. $ ll2 , 4�0 . �U }plus interest.
<br /> B�rro�ver has promised to pay �his debt in regul�r Periadic �'ay���ents a17d to pay the dcbt in fu1l no� later than
<br /> N��TEMBER 1, ��4 5 .
<br />: �G} "Proper�:y"means the property�hat �s described below und�r the l�eadi��g"rI���ansfer of�Zights in the�'roper�y."
<br /> �H} "Loan"means�he debt e�zd�nced by tl�e Nate, plus intcrest, an�prepayment cl�arges ai�d]ate chai-g�s due under
<br /> the Note, arld all sums due ui�der tllis Security Inst1��n7en�, plus ii�te�-e�t.
<br /> �Y} "Itider�"�-neans all Riders to�h�s 5ecu��i�y I17struz�le��t���at at-e executed by�3orrower. ��,he fo��owing Ric�ers a1�e
<br /> ta be executed by Bor�ower [che�lc box a� applicable]:
<br /> [] Adjustable Rate Rider [] Plai�ned Unit De�elapme��t IZider
<br /> [] Balloon Rider [] Biweel�ty Paymen� Ridez-
<br /> [] 1-4 Family Rider [�] 5�cond Home Rider
<br /> � Candominiu�n Rider � ��her�s} [specify�
<br /> �J} "Ap�licabie Law"me���s a�I ca1�t��olling appli�ablc fedcr�I, s�:at�and lacal st��utes, re�uiatioi�s, a��di�7anGes and
<br />, ad��inis�rative rules and orders ��l�at ha�c �he effect of lavv} a� well as all �ppiicable fnal, nan�appealav�c judicial
<br /> opiniai�s.
<br /> �K� "C�mmunity Associatian Dues, Fces, and Assessrnent�"means ail dues, fees, assessments and athcr charge�
<br /> tha� are imposcd on Barrawer or the Pr�perty by a candominium associatio�-�, homeawner� associatio�� or similar
<br /> arganization.
<br /> (L} "Eie�tronic Funds rTran�fcr"means any�ransfer of funds, ather than a transaction originated by ch�ck, draft,
<br /> or similar paper instrument, �hieh is initia�ed througl� an electron�c terminal, te�cphonic inst�•ument, colnputer, or
<br /> magnetiC �ape so as to order, instru�t, or authorize a financial �nsti�ution to debit or c�edit ai� accaun�. Sucl� ��x-m
<br /> includ�s, but is not Iimi�ed �o, pa�nt-nf saie �t�ai-�sfr:rs, a�����-nated tel�er ma�hine tz�anszctians, tz-ansfers initiatcd by
<br /> ��iephone, wire tr�nsfers, and auta�r�ated cleari��ghouse t�-ansfers.
<br /> ��} "Escrow ��ems"means t��ase �tems that are describe�I it� Sectinn 3.
<br /> ��T) '►IV�isce��aneous ProCecds"n�ear�s�.ny cflx��p�nsatiai�, sct�lement, award of dama�es, or pro��eds paid by�ny
<br />, thi�d party �other than �nsura��ce pro�eeds paid ut7der th� co�erages descrived in Sectio�� 5} f�r: �i} damage to, ❑r
<br /> destructioa� of, ihe Property; �ii} cax�demna�ion at-athe�•tal�ii�g af all ox•ai�y p�rt of the�'roperty; �iii} con�eyallcc it�
<br /> �ieu af conde�r�natiol�; o���i�� n�isrepresentatiot�s of, or omissifl��s �s �o, the�a]ue andlor ca��di�ion of the�'roperty.
<br /> (Q} "M�rtgage InSuranCc"means insurance prate�ting Lender agarns�tl�e�-��npayinent❑f, or default on, tl�e Loan.
<br /> �P} "Periodic �'aymen�f' meails th� regularly scheduled atnount due fo�- �i} pri��cipai and in�cx-cst under the Note,
<br /> ptus�ii}any amou��ts under Section 3 of tl�is 5ecurity Instrutne��t.
<br /> �Q} "RESPA"means fhe Real Estate Settlel��ent Prac�dure� A�t �12 U.5.C. �Z601 et sec�.} and its i�np�e���entir�g
<br /> regulation, Regulatian� (12 �.F.R. Part 1��4}, as they mi�;ht be�m�nded fi�oln ti�r�e to �ime, ol•a��y additio17a1 �r
<br /> suGcessor �egislatio�-� ar regulatiol� that g��et-ns the sai��e subject mattet-. As used in �hi� SeCIII-ll� �1�51:I'L1i17L'1`1[,
<br /> "RESPA'" �•efers to all r�quirer�7ents�nd t�estriciion�tllat ai�e inlpnsed i��z-egai-c�to�"federa�ly rcl�tcd��7ort�ag�lo�t-�"
<br /> even if the L�an does not qual�fy as a "federally related l��a�-t�ag� laan" u��der RI�S�'A.
<br /> NEBRASKA---Singie Fami[y--Fannie Ma�lFreddie lVla� UNiF�RM lNSTRUMENT - MERS C3�cMa,gxc����r�;r��
<br /> Farm 3028 1101 pagc Z of �5 v�w�v.dacmagic.�om
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