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2� 17��41 �
<br /> ' ' L4AN#: 'I fi�'177413
<br /> �D} "Trustee" is FIRST AMERI�AN TITLE INSURANCE C�MPANY.
<br /> tEy "IVIERS"is Mortgage�lectronic Registrati�n 5ystems, Inc. MERS �s a separa�e corporation that is
<br /> acting solely as a nominee f�r Lender and L�nder's successors and assigns. MERS is the benefic�ary
<br /> under this Security Instrument.MERS is organized and existing under the laws of Deiaware,and has
<br /> an address and t�iephone number of P.�. Box 2026, Flint, MI 485�1-2�26, #el. �888}579-MERS.
<br /> �F� "Note"means the �ramissory note signed by Borrower and dated January 6, 2�'17.
<br /> The Note states that Borrower owes Lender F�RTY THREE TH�USAND TW� HUNDRED SIXTY
<br /> FIVEAND N�1'I��*********************************�****�****************
<br /> *************************************�*************************D�Ilars
<br /> �U.S. �43,2G5.�� } pCus interest. B�rrower has promised to pay this debt in �egular Periodic
<br /> Paymen�s and ta pay the debt in full no#later than February 'I,2�27.
<br /> �Gj "Property" means the property #hat is descri�ed befow under the heading "Transfer of Rights in
<br /> the Prop�rty."
<br /> tH} "Loan" means the deht e�idenced �y the Note, plus interest, any prepayment charg�s and �ate
<br /> charges due under the Note, and all sums due under thEs Security Instrument, plus interes#.
<br /> �I} "R�ders"means all Riders to this Security Ins#rument that are executed by Borrower.The following
<br /> Riders are to be exe�uted by Borrower[che�k bax as appiica�le]:
<br /> ❑ Adjustable Rat�R�der ❑ Condominium Rider ❑ SecondHameR�der
<br /> ❑ Ball�on Rider ❑ Planned Uni# De�elopment Rider ❑ �ther�s} �sp�cify]
<br /> ❑ �-4 Family Rider ❑ Biweekly Payment Rider
<br /> ❑ V.A. Ride�
<br /> tJ� "Applicahle Law" means all cantrolling applicab�e federal, s�ate and Iocal statutes, regulations,
<br /> ard�nances and administrati�e rures and orders �that ha�e the effect af law} as we11 as a�� applicable
<br /> fina�, non-appeafabfe judicial apinions.
<br /> �K� "CommunityAssociation Dues.Fees�andAssessments"means al!dues,fees,assessments and
<br /> other�harges that are impvsed on Borrawer vr the Property by a condomin�um association,homeowners
<br /> ass�cia�ion or similar organization.
<br /> �L� "Electronic Funds Transfer" means any transfer of funds, other than a transaction o�iginated by
<br /> �heck, draft, or similar paper instrument, which �s initiated through an e�ectr�nic terminal, tel�phon�c
<br /> instrument,�omputer,or magnetic tape so as to order,instruct,or authorize a financial institution to debit
<br /> or credit an account. 5u�h term includes, �ut�s not l�mited to, point-of-saEe#ransfers, automated teller
<br /> machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br /> transfers.
<br /> �M� "Escrow Items"means those items that are described in Section 3.
<br /> �N) "Miscellaneous Proceeds"means any compensation,settlement,award of damages,or proceeds
<br /> paid by any thi�-d party �other than insurance proceeds paid und�r the�a�erages descr�bed in Sectivn
<br /> 5}far: �i}damage tv, or destruction of, �he Property; �ii}candemnation ar�ther taking o�all �r any part
<br /> of the Property; �iii}con�eyance in lieu af�andemnation; or���} misrepresentations af, or omissions as
<br /> tv, the�alue andlv�-�ondition of the Praperty.
<br /> ��� "Martgage In�urance"m�ans insurance protect�ng Lender against the nonpayment of, ar defau��
<br /> on, the L�an.
<br /> �P� "Periodi�Payment"means the regulariy scheduled amount due for�i}principal and interest under
<br /> �he Nvte, �lus �'r�} any amvunts under Section 3 of this Security Instrument.
<br /> �C�� "RESPA" means the Rea� Es#ate Settlem�nt Pracedures Act t�2 U.S.C. §2�D� et seq.} and its
<br /> rmpl�menting regulation, Regulati�n X ��� C.F.R. Part 1��4}, as they might be am�nded fram time ta
<br /> time, or any additional or successor feg�s�ation or reguEation�hat go�erns#he same subject matt��.As
<br /> used in this Security Instrument, "RESPA" refers ta al! requirements and restrictions that are imposed
<br /> in regard to a"f�d�rally refated mortgage Ioan"e�en if the Loan does nat qualify as a"federaliy r�lated
<br /> mort�age loan" under RESPA.
<br /> �R� "Successor in Interest of Borr�wer"means any party that has taken title tv the Property,wh�ther
<br /> or no�that party has assumed Borrvw�r's obligations under the Note andlor this Securi�y Instrument.
<br /> TRANSFER�F RICHTS IN THE PR�PERTY
<br /> The benefc�ary of this Security Ins#rument is MERS �solsly as nom�nee fvr Lender and Lende�'s
<br /> su�cessors and assigns} and the suGcessors and assigns vf MERS. This Security Instrument secures
<br /> t� Lender: �i} the repaym�nt of the Loan, and all renewals, ex#�nsions and modifications of the Nate;
<br /> and �ii}the performance af Barrawer's co�enanfs and agreements under th�s Security lnst�ument and
<br /> the Note. For this purpose, Borrower irre�ocabiy grants and can�eys to Trustee, in trust,wi er of
<br /> Initials: ��
<br /> NEBRASKA--Single Family--Fannie MaeCFreddie Mac UNIF�RIIA INSTRLlMENT Form 3�Z8 1101
<br /> E11ie Mae,lnc. Page 2 of 11 NEEDEED �3�5
<br /> NEEDEED�CLS}
<br /> 121281��1 fi 08:38 AM P5T
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