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2� 1 ��8��� <br /> L�AN#: '1�35'�7713Z <br /> �D} "Trustee"' is <br /> �E� "NfERS"is Mortgage Elec�r�onic F�eg�strativn �ystems, �nc, MERS is a s�pa�ate ca�paratian that is <br /> acting sole�y as a nominee�or Lender a�nd Lender's su�cessors and assigns. III�ERS is the k�Qnefi+c�ary <br /> under this Se�urity Instrument,M�RS�s�rganized and existing und�r th�iaws o�C�eiavvare,an�d�,as <br /> an address and�eieph�ne number�f�?�. Box 2��5, Flint, 1VI!485�1-2��5,tel. �888}�?�-MERS. <br /> �F� "Note" mea�s�he pramisso�na���igned by Barrovver and dated ��Gember'I�,�4'��. <br /> The Note s�a�es that B�rraw�r av�es Lend�r �NE HUNDRED FC3RTY TH�USANa A�D N�1140*** <br /> ****************�*�*�****���******�*�****����*�***�*******��*�*�**** <br /> **********�******�r�*��***v��*******�*******�****************�***Dallars <br /> �U.S. $'�4�,4Q�.�� �p�us in��r�st. Borrawe�-has promised to pay this d�bt in regul�r Periodic <br /> Payments and to pay�he de��in fu�l �a�later than January'I,2n37. <br /> �G} "Proper�y" means th� prop�rty that is described be�ow under�he heading "T�ansfer of Rights in <br /> the Property." <br /> �H� "Loan" rneans the d�b� evidenc�d by the No�e, plus int�res�, any prepaym�nt ch�rges and lat� <br /> charg�s due under th� N�te, �nd a�! sums du� under this Securi�y Instrument, p#us interest. <br /> �i� "Riders"means all R�ders to this Se�urity Instrument that ar�executed by Bor�vvuer.The f�llov�ing <br /> Riders are to be execu�ed by Bar�ow�r[check bax as app�icable]: <br /> � Ad�ustab�e Rate Ride� �..� Cnndominium Rider ❑ 5econdHom�Rider <br /> �.._.._..� Bal�aon R�der �........1 Planned Unit Develapment Ride� I........1 �ther��3 [spe���y� <br /> {...�` 1-4 Fami�y Rider �.�.1 Biweekly Payment Rider <br /> �x E V.A. Rider <br /> �J� "Rpp�icabl� Law" m�ans all cQntrol�ing app�i�able federal, s�at� and Iocal statutes, ��gul�tivns, <br /> ardinances and administrati�e rules and orders �that ha�e the eff�ct of law} as v��li as all appl�cab�e <br /> fnal, nan-appeafable ju�icia�opi�ians. <br /> �K� "Cammun�ty As�o�iation�ues�Fees,and Assessm�nts"means�I�du�s,fees,assessment�and <br /> other charges that are imposed�n Borrawer orth�Prnperty by a condom�niurn ass�ciation,homeov►�n�rs <br /> ass�c�ation vr similar organi�ation. <br /> �L� "Ele�tranic Funds Trar�sfer" mean�any�ransfer of�unds, oth�r than a�ransaction ariginated by <br /> che�k, draft, ar sirri�lar paper in�trum�nt, which is in�tiated �hrou�h an elec�r�onic ���mina�, tel�phon�� <br /> instrument,camputer,�r magnetic tape sQ as ta ard�r,ir�sfiruct,�r au#ho�i�e a financial�nstitut��n�a de�it <br /> or credit an a�count. Such�erm includes, but is not limi��d to, poin�-o�sa�e�ransfe�s, automated t�ller <br /> ma�h�ne transactians, transfers ir�itiated by tel�phane, vuire transfers, and au�amat�d c�earinghouse <br /> transf�rs. <br /> �M} "Escrow Items" mean$�h�se i�ems that�re described ir� Section 3. <br /> �N� "M�scellaneous Proceeds"m�ans any comp�nsa�i�n,settlement,avuard�f damages,ar praceed� <br /> paid by any third party �other than insuran���roceeds paid under the co�e�ages described in Sec�ian <br /> 5}for: �i}damage ta, or destructian of, the Property; �ii}candemnat�on nr other taking of a�l ar any part <br /> of�he Prvperty; ��ii}con��yance in lieu��condemnati�n; ar�iv}misre�resen�ations af,�r amissions as <br /> to, the valu�andlor condit�on o��he Property. <br /> �D� "Mortgage Insuran�e" means insurance pr�tecting Lender aga�nst the nonpayrnent nf, a�defau�� <br /> an,the Loa n. <br /> �P� "Periodic Payment"mear��the regulariy scheduled amount due for�i}princ�pal and in��rest under <br /> the Na�e, plus�ii}any am�unts under 5ecti�n �of this Se�urity Instrument. <br /> �C�3 "RESPA" rneans the Real Es�ate �ettlement Pr�cedures Ac� �1� U.S.G. ��6�� �� seq.} and i�s <br /> imp�ementing reg�ia�ion, Regula�ion �C��2 C.F.R. F�art 1 a�4}, as they might b� amended from time to <br /> time, v�any additional or succ�ssor le�is�ation flr re�ula�ion that governs the same subject mat��r.�s <br /> used �n�his Secu�i�y lnstrumen�, "RESPA" refers to ali requirements and restric�ions that are imposed <br /> in regard t�a"�ed�raliy�elat�d mortgag�loan"e��n if�he Lo�an does no�quali�y as a"fed�r�lly�r��ated <br /> m�rtgage Ioan"u�der RESPA. <br /> €R� "Successor in Int�re�t of Borr�wer'"means any parky that has taken ti�le t�the�roper�y,�nrhethe� <br /> ar nv�that party has ass�med B�rr�wer's�bligations under the Na�e andlor this S�curity Inst�ument. <br /> TRANSFER�F RIGHTS IN THE PF�QPERTY <br /> The benefieiary af �his Security �n�trum�nt is MERS �solel� as nom�nee fvr Lender and Lender's <br /> successv�s and assigns}and the successors and assigns of MERS. This Security lnstrument secures <br /> to Lender: �i} th� repayment of�he Lvan, and a�� renev�rals, extensivns and modifications of the N�t�; <br /> and ��i}the perfarmance of Borr�w�r's c��snants and ag�eements under�h�s S�curity Instrument and <br /> the Nate. For this purpvse, Borravtirer irrevocab�y g�ants and con��ys tv Trustee, in trust, with r <br /> ' y .s� � <br /> In�tI�IS: .._...._�:._._. <br /> NEBRASKA--Sing�e Family--Fannie Ma�IFreddie Mac UNIF�RIVI lNSTRUMENT Form 3028'I�D'� � <br /> Eilie Mae,Inc. Page 2 of�� NEEDEE❑ 03�5 <br /> NEEaEED��LS) <br /> �21�5l2�16�?:33 AM P5T <br /> !l4'YY"W!."�L�1i <br />