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2� 17���33
<br /> L�A N#: 33'I 424'I 4'I
<br /> �D� "Trustee" is Timios Inc.
<br /> tE� "MERS" is Martgage Electronic Registrati�n 5ys#ems, Inc. MERS is a s��arate corporation that is
<br /> acting svlely as a nominee for Lende�and Lender's suc�essors and assigns. MERS is the benefciary
<br /> underthis Security Instrument.MERS is organized an�existing underthe laws of Delaware,and has
<br /> an address and telephone number�f P.�, B�x��26, Flint, MI 485�1���26, t�l. �888}�79-MERS.
<br /> �F� "Nate" means#he p�omissary note signed by Borrower and dated December 24, �Q1fi.
<br /> Th�Note states that Borrnwer owes Lend�r TW� HUNDRED SIXTY TW�TH�USAND AND
<br /> N�1'14�*�*************************** ***********************�**********
<br /> ***************************************************************Dollars
<br /> �U.S. $Z�2,��D.Q� } plus interest. Borrower has pramised to pay this debt in regular Periadic
<br /> Payments and to pay the debt in�uli not later than January 'I, ��47.
<br /> ��j "Pr�perty" means the property #hat is desc�ibed �elaw under the heading "Transfer of Rights in
<br /> �he Praperty,"
<br /> �H} "Lvan" means the debt e�idenced by the Note, plus interest, any p�epayment charges and late
<br /> charges due under the No��, and al!sums due under this Security Ins�rument, plus�nterest.
<br /> �ly "Riders"means all Riders to this Security Instrument that are execut�d by Borrower.The foliawing �
<br /> �
<br /> Ride�s are to be exe�uted by B�r�awer�check box as app�icabie�:
<br /> ❑ Adjustabl� Rate Rider ❑ Condominium Rider ❑ S�condHam�Rider
<br /> ❑ Bai�oon Rider ❑ Planned Unit�e�eEopment Rid�r ❑ �th@C�5} [S��CIf]I]
<br /> ❑ '�-4 Family R�der ❑ Biweekly Payment Rider
<br /> � V.A. Rider
<br /> �J} "Appl�cabie Law" m�ans all controliing applicable federal, sta#e and local sta�utes, reguEativns,
<br /> ordinances and administrati�e rules an� ord�rs �that have the effec# af law} as well as all applicable
<br /> final, non-appealable judicial opinions.
<br /> �K} "�vmmunityAssociation Dues�Fees�and Assessments"means aEl dues,fe�s,assessments and
<br /> other charges that are imposed on Borrower or the Prope�ty by a condominium association,h�meowners
<br /> associati�n or similar organization. �
<br /> �
<br /> �L� "Electranic Funds Transfer" means any transfer of funds, other than a transaction orig�nated by ;
<br /> �heck, draft, or similar paper instrument, which is in��iate� through an ele�tronic terminal, telephonic
<br /> �
<br /> instrument,computer,or magnetic tape sa as#o order, instruct,�r authorize a financial inst�tution to debit
<br /> o�credit an accaunt. Such term inc�udes, but is nat limited to, point-vf-sa�e transfers, autamated te�[er
<br /> machine �ransactions, transfe�s initiate� by telephone, wire transf�rs, and automated �learinghouse
<br /> transfers.
<br /> �M� "Escrow Items" means thase items that are d�s�ribed in Section 3.
<br /> tN� "Miscellaneous Proceeds"m�ans any compensat�on,settiemen�,award of damages,or proceeds
<br /> pa�d by any third party �other fhan insurance proceeds pafd under the�o�erages described in Section
<br /> 5}for: �i}damage ta, or destruction of, the Property; ��i}condemnation �r other taking of all or any par�
<br /> of the Proper#y; �iii}con�eyance in lieu o€condemnation; or�i�} misr�pr�sentations of, ar omissions as
<br /> to, the�a�ue andl�r cnndit�on of the Praperty.
<br /> ��� "Mortgage Insurance" means insurance pratectin� Lender agatnst the nanpaymen�nf, or default
<br /> on, the Loan.
<br /> �P} "Periodic Payment"means the regularly sch�duled amount du�for�i}princi�al and interest under
<br /> the Note, plus �ii} any amounts un�er Sec�ion 3 of this Securi#y Instrument.
<br /> tC�� "RESPA" means the Real Estate Settlement Procedures Act �12 U.S.C. �2��� et seq.} and its
<br /> implementing r�gulation, R�gula�inn X �1� �.F.R. Part 1�24}, as they might be amended from time to
<br /> time, or any addi#ianal or su�cessar IegisEation o�regulation that ga��rns the same subject matter.As
<br /> used in this 5ecurity Instrument, "RESPA" ref�rs tv all requ�rements and restrictions that a�e �mposed
<br /> in regard ta a"federally related m�rtgage laan"e�en if the Loan does nat qualify as a"federally related ;
<br /> martgage tnan" und�r RESPA.
<br /> �R} "Su�cessar in Interest of Bvrrower"means any party that has tak�n�itle�o the Pr�perty,wheth�r
<br /> or not that party has assumed Borrower's obligations under�he Nnte andlor this 5ecurity Instrument.
<br /> ;
<br /> TRANSFER�F RIGHTS IN THE PR�PERTY �
<br /> The bene�iciary of �his Security Instrument �s MERS �sole�y as n�minee for Lender and Lender's
<br /> successars and assigns} and the suc�essors and assigns of MERS. This Security �nstrument secur�s
<br /> �
<br /> tv Lender: �i} the repayment of the Laan, and alf �enewais, extensians and modi�cativns �f the N�te; ,
<br /> and �ii} the perfo�mance af Barraw�r's cavenants and agreemenfs under this 5ecur�ty �nstrumen# and
<br /> #he Note. For this purpose, Borrawer i��e�o�ably�rants and conveys to Trustee, in trust, with power of
<br /> NEBRASKA--Sing�e Family--Fannie MaelFreddie Iwlac UNIF�RM iNSTRLJIVIENT Farm 3��81t�1
<br /> Ellie Mae,�nc. Page� of 1� NEEDEED �3�5 ,
<br /> NEEDEED�GLS}
<br /> 'i 21Z�IZQ�fi�8:28 AM PST �
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