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201607625
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Last modified
7/28/2017 10:00:21 AM
Creation date
11/15/2016 8:57:54 AM
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DEEDS
Inst Number
201607625
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2� 1 ��7�25 <br /> �U.S.$11�,5��.D�}plus interest.Borrower has promised to pay this d�bt in regular P�riodic Payments <br /> and ta pay the debt in full not later than December 1, �446. <br /> (F� "P�operty"means the property that is described below under the heading "Transfer af Rights in <br /> the Proper�y." <br /> (G} "Loan"means the debt e�idenc�d by the Note,plus interest,any prepayment chaxges and late <br /> charges due under the Note,and all sums due under this Secur�ty Instrument,plus interest. <br /> �H} "Ride�s"means all Riders to this Security Instrument that are executed by Bnrravver.The following <br /> Riders are to be executed by Barrnwer[check box as applicable]: <br /> ❑ Adjusta.ble Rate Rider ❑ �ondominium Rider ❑ Second Home Rider <br /> ❑ Balloon Rider ❑ Planned Unit De�elapment Rider ❑ 1-4 Fami�y Rider <br /> ❑ VA Rider ❑ Biweekly Payment Rider ❑ �ther(s} [specifyj <br /> �I} "�4pplrca�le Law"means all controtling applicable federal, state ar�d local sta.tutes,regulations, <br /> ordinances and administrati�e ru��s and arders�that ha�e the efFect af law}as well as a11 applicable <br />; �nal, non-appea�able judicial opinions. <br />� <br />� �J} "Community�4ssociation Dues, Fees, and�ssessments"means all dues, fees,assessments and <br /> other charges that are imposed on Borrower or the Property by a condominium associatinn,homeawner� <br /> assoc iati�n ar s im i lar organization. <br /> �K} "Electronic�'unds Transfer"means any transfer of funds,other than a transaction originated by <br /> check,draft,or similar paper instrument,which is initiated thr�ugh an electronic terminal,teleph�ni� <br /> instrument, computer, or magnetic tape so as t�arder, instruct,or autharize a financial institutian ta <br /> dehit or credit an account.Such term includes,but is not limited to,point-of-sale transfers,automated <br /> teller machine transactions,transf�rs initiated by telephane,vvire transfers,and aut�mated clearinghouse <br /> transfers. <br /> �L} "�scrow I�ems"means th�se items that are d�scri�ed in Section 3. <br /> �M} "Nliscellaneaus p�oceeds"means any compensation,settlement,award af damages,or proceeds <br /> paid by any third party�other than insurance proceeds paid under the�overages described�n Section <br /> 5}for: (i}damage to, ar d�struction of,the Property;�ii}condemnation�r oth�r taking of all or any <br /> part of the Property;�iii}con�eyance in lieu of condemnation;or(iv)misrepresentations of, ar <br /> omissions as to,the�a�ue andlar c�ndition of the Property. <br /> (N) "MartgagQ Insurar�ce"means insurance pratecting Lender against the nonpayment�f,or default <br /> an,the Loan. <br /> �Q} "Peri�dic Payment"means the regular�y schedu�ed amount due for(i}principal and interest <br /> under th�Nate, plus�ii}any amounts under Section 3 of this Security Instrument. <br /> (P� "RESP�4"means the Real Estate Settlement Procedures Act�1�U.S.�. S�ction 26�� et seq.}and <br /> its implementing regulation,Regulation�(12�.F.R. Part 1�24},as they might be amended from <br /> time to time,or any additional or successar legislation or regulation that go�erns the same subject <br /> 1138827543 <br /> 111"k 5 <br /> VM P� <br /> WVolters Kluwer Finan�ial 5er�ioes 2016103115.1.D.3537-.1201 fia219Y Initials: Page 2 of 17 <br /> * <br />
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