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2� 1 ��8481
<br /> (E� "MERS" is Mortgage Electronic Registrati�n Systems, Inc. MERS is a separate corporation that is actin�
<br /> s��e1y as a naminee for Lender and Lender's successors and assigns. MERS is the benef c�ary under this Security
<br /> Instrument. MERS is organized and existing under the laws of Delaware, and has an address and teleph�ne number
<br /> �f F.�. B�x 2�2�, F l�nt, M� 485�1�2426, tel. �888}679-MERS.
<br /> tF} "Note'�means the promiss�ry no�e signed by Borr�wer and dated N�VEMBER �5, 2�16 .
<br /> The Nate states that Borrower owes Lender �NE HUNDRED F�RTY-�NE TH�USAND AND
<br /> ���1�� Dollars�LT.S. $ 141, ��0 . �� }plus interest.
<br /> Borrnw�r has pr�mised tv pay this deb� in regular Periodic Payments and �o pay the debt in ful� not �ater thar�
<br /> DE�EMBER 1, 2�31 .
<br /> �G} "Property"means the property tha�is descri�ed below under the heading"Transfer of Rights in the Property."
<br /> �H] 'Z�an"means the debt e�idenced hy�he Nate, p�us interest, any prepayment charges and late charges due under
<br /> the Note, and all.sums due under this Security�nstrument, plus interest.
<br /> (I} "Riders"means all Riders ta this Security Instrum�nt that are executed by B�rrower. The foilowing Riders are
<br /> to be executed by Borrower �check hox as applicable]:
<br /> [] Ad�ustable Rate Rider [] Planned Unit De�elapmen�Rider
<br /> .
<br /> [] Balloon Rider [] Biweekly Payment Rider
<br /> � 1-4 Family R.ider [] Second Home Rider
<br /> [] �ondominium Rider � �ther�s� [spe�ify]
<br /> �� rrAppl�eab�e Law'r means all controlling applicable federal, sta�e and 1aca1 statutes, r�gulations, ordinances and
<br /> administrati�e rules and orders�that have the effect�f law} as well as a11 applicable final, non-appealable�udicial
<br /> . �
<br /> apinions.
<br /> �K} "Cammun�ty Associa�ion Dues, Fees, and Assessments"means a11 dues, fees, assessments and o�her charges
<br /> that are imposed on B�rrower or the Proper�y by a condominium association, homeown�rs association or simi�ar
<br /> organization.
<br /> (L� "Electranic Funds Transfer"means any transfer of funds, other than a transaction origina�ed by check, draft,
<br /> or simila� paper instrum�nt, which is initiated thraugh an electronic terminal, telephvn�c instrument, computer, �r
<br /> magnetic tape so as to order, instruct, or authorize a financial institution ta debit or credit an account. Such term
<br /> includes, but is not limited to, point-af sale transfers, automated telier machine transactions, transfers initiated by
<br /> �eiephane, wire transfers, and aut�mated clearinghause transfers.
<br /> (M} "Escrow Items"means those items that are described in Section 3.
<br /> [N} "Miscellaneous Proceeds"means any Compensativn, settlement, award of damages, or proceeds paid�y any
<br /> third part}� �ather than insurance proceeds paid under the co�erages described in 5�ctian 5} f�r: �i} damage to, or
<br /> destruction of, the Property; �ii�condemnation or a�her taking of alI ar any part af the Prop�rty;tiii} can�eyance in
<br /> Iieu of condemnation; or�iv}misrepresentations of, or amissions as to, the�alue andlor cvndi�ion of the Property.
<br /> ��} "Mortgage Insu rance"means insurance protecting Lender against the nonpayment af, or defaui�an,the Loan.
<br /> [P} "Periodic Payment"means the regularly scheduled amount due for�i} principal and interest under th�Note,
<br /> plus�ii}any amounts under Section 3 of this Security Instrument.
<br /> ��} "RESPA"means the Real Estate Settlernent Procedures Act �12 U.S.�. �Z601 et seq.} and i�ts implementing
<br /> regu�ation, Regulatian��1�C.F.R. Part �4Z4}, as they might be amended from time#�o time, or any add�tianal or
<br /> successor �egislatian or regulation tha� governs the same sub,�ect matter. As used in this Security �nstrument,
<br /> "RESPA" refers to all re9uirements and restrictions that are imposed in regard to a"federally related mortgage loan"
<br /> e�en if the Loan does not qualify as a"federat�y related mortgage loan" under RESPA.
<br /> NEBRASKA--Single Family--Fannie MaelFreddie Mac UNIF�RN{ �NSTRIJMEN�'- MERS Do�la�lc
<br /> Form 3�28 11�1 Page � of 15 www.docmagic.com ,
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