2� 1 ��8119
<br /> L�AN#: ��G439585'I
<br /> Lender is a Limited Liability Corporati�n, organi�ed and existin�
<br /> und�r th� laws of Delaware.
<br /> Lend�r's�ddress is 4425 Pance De Leon Boule�ard, MS3-�51, Cvra! Gables, FL 33�14fi.
<br /> �D� "Trustee" is Chicago Titie Insurance Campany, a Ne�raska corp�rati�n.
<br /> �E� `�MERS" is Mar�gage E�e��ranic Registra��nn Systems, �nc. MERS �s a �e�a�a�e carpara�ivn tha� is
<br /> ac�in� saf�ly as a naminee f�r Lend�r and Lende�'s successors and assigns. IV�ERS �s the benef�ciary
<br /> under this S�cur�ty �nstrument, �lIER� is organ�z�d and existing ur�der the la�rs of D�laware, and has
<br /> an address and te�ephone numb�r vf P.�. B�x���6, Flint, M!485��-�O�fi, tel. �888}fi?9-MERS.
<br /> �F� "Not�" means th� promissary nvte signed by Barro�ver and da��d No�ember 18, �D'I�.
<br /> The Nvte stat�s that Barrov�rer�wes Lend�r �NE HUNDRE�TH�USAND �NE HUNDRED N�NETY
<br /> THREEAND N[3!'!4�*************�** ********** *****�***** ************ *** **
<br /> * **** �**** ************** �**** ** * ��********** ************ ******* Dollar�
<br /> �U.S. $1D0,193.0� } plus �nterest. ��rr�vWer has promised to pa�th�s debt in regu�ar Periodic
<br /> Payments and�a pay�he d�bt in ful! nat�a�er���n December'1,2�4fi.
<br /> �G} `�Praperty" means the praperty tha#is des�rib�d b�lflw unde��he heading"Transfer nf Rights in the
<br /> Prvperty."
<br /> �Hj "Loan" m�ans the debt�videnced by��� Nate, plus interest, lat�charg�s due under the Note, and
<br /> all sums due unde�thi�Secur�ty !ns#rur�nent, plus interest.
<br /> �1� "Rid�rs" means a�l Riders to this�ecu�i�y inst�ument�hat are execu�ed by B�rrvwer. The follow�ng
<br /> Riders are��be�x�cuted by Borrower�ch�ck box as applicabl�]:
<br /> � Ad�ustable Rate Rid�r ❑ �ond�minium Rider ❑ P�anned Unit De�elopment Rider
<br /> � �ther�s} {specifY�
<br /> �J� "A�p���abte Law" m�ans all contr�l�ing ap�fica��e fed�ral, s�a#� and Iocal statute�, regula�ior��,
<br /> ard�r�ances an�administ�a#ive rul�s an�orderS��ha�hav�the effect�f law}as`nr��l as all app�ir.abi�final,
<br /> non�appea�able judic�a�opinions.
<br /> �K� "C�mmunity�ssociati�n Dues,F�es,and Assessm�nts"m�ans a�1 du�s,fees,ass�s�m�nts and
<br /> �th�r charge�that�re impos�d an Borrower ar�he Property by a cond�m�nium asso�ia�ion,hameov�rners
<br /> �ssociation or sim���r ar�aniz�tion.
<br /> �Lj "El�Gtron�c�unds Transfer"means an}�transfer of funds,�ther�han a�ransactian origina�ed by ch��k,
<br /> dr�ft, ��s�m�lar pap�r�nst�um�n�, �►vhich is initiated fi��augh an ef�ctronic term�nal, teleph�nic ins�rumen#,
<br /> computer, or magnet�c tape so as ta ord�r, ins�ruct, or auth�r�z�a�financial institution ta debi�or cred���n
<br /> accaunt. Such term ir�clud�s, bu��s n�t�imi�ed�a, poir�t-af-sa�e transfers, aut�mated teller machine t�ans-
<br /> ac�ians, transf�rs initiated by�e�e�h�ne, ►�ire trar�sfers, and automated clearingh�use�ransfers.
<br /> 4Mj "Escrow Item�" means�hose items�ha�are d�sc�ibed �n 5�ctian 3.
<br /> 4N� "Miscetlaneous Pr��eeds"means any��mp�nsa�ton, $�tt�ement, a�a�d�f damages, or prace�ds
<br /> paid by any third party �other�han insur�nc� pr�cee�s pa�d unde��he coverag�s described �n S�c��on
<br /> 5}fo�: �i}damage to, ar destru�tio� af�the Property; ���}condemnatian or oth�r taking of all or any part af
<br /> the Property; �iii} cvnveyance in lieu of�vndemna�ian; or�iv} m�sr�pres�ntations of, �r omissions as��,
<br /> th�value andlar c�ndition of the Prope�ty.
<br /> �
<br /> �� "Mortgage Insurance" m�ans insur�nce protec�ing Lender agains#th� nanpayment af, �r d�fault
<br /> on, the Laan.
<br /> �P� "��rivdic Paym�nt" means fih�re�ularly s�hedui�� amount due for�i} principal and �nt�e�e�t und�r
<br /> th� No�e, plus ��i} any am�unts under Secti�n 3�f this S��urity Ins�rument.
<br /> �
<br /> Q� "�E�PA"means th�Rea�Es#at�5��tlement F�r�c��uresAct�'I�Ll.S.�.���a� e�s�q.}an�i��imple-
<br /> menting regulation, Regula�ion }C �12 C.F.F�. Part ���4�, as th�y migh� be amend�d from ��rr�e �� time,
<br /> or any add�tional�r succes�ar I�gis���ivn or re�ulat��n�ha�governs the�am�subject matter.As used �n
<br /> this�ecurity instrumen�, "RESPA" r�fer��� ai� req�ir�m�n�s and restnctions�hat�re impo��d in regard
<br /> �v a"federally relat�d mvr#��ge ��ar�"ev�n if th� Loan do�s no�quai�fy as a"f�d�rafly reiat�d mortgage
<br /> loan" und��RE�PA.
<br /> �
<br /> R� "Secretary" m�ans th� ��cre�ry of�he Uni�ed Stafes D�partment of Housing and Llr�an Develop-
<br /> m�nt flr his design�e.
<br /> S "Su�cessor in �nterest of B�rrower" m�ans any party�tha�has tak�n ti�le tn the Pr�pert�,whether
<br /> � �
<br /> ar nat that party ha�as�ume� Borrvv��r's oblig�fiions und�r th� Nate andlor t�is Securi�y �nstrumen�.
<br /> TRANSFER �F RfGHTS lIV THE PR�PERTY
<br /> The b�nefic�ary ❑f th�s Securi�y Ins�rument is MERS �svl�iy as nvmine�fa�Lend�r and Lender's�uc-
<br /> cessors and assigns} and �he succ�ss��s and assigns af MERS. This Secur�ty fnstrum�nt�ecur�s to
<br /> Lender: i}the repaym�nt af th�Loan, and all renewals, extensions and madifications of th�Note; and
<br /> �
<br /> NESRASKA-Singie Family-Fann�e MaelFreddie Mac UMIF�RM INSTRUMENT Form 3��5�Il�i
<br /> Modified f�r FHA 912�14�HUD Handbaok 4�4a.�) InItIaIS:
<br /> EIlie Mae,Inc. Page 2 �f 11 NEEFHA15DE a9'I�
<br /> NEEDEED�CLS}
<br /> 111�512a16 12:55 PM PST
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