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<br /> I�.s�ru�.er�t. MERS �s organzzed and exzsting under �he lativs of Delaware, and has an address and �e�ephone
<br /> number of P.�.�o�?�?6,�'lint,MI 48���-2�26,�e�.�S$g}679-�MERS. -
<br /> ��`3 "Not�"means the promissary no�� szgned by Borra�er and dated IVlarch 14, 2417. The Note states�hat
<br /> �or�ower otives Lender Ei�hty 'I'�.oeasand and U4114�ths Dollars �U.S. $SU,D00.00}plus xnterest. Borrotiver has
<br /> promised to pay this debt�n regulax Periodic Payments and to pay�he deb�xn fuil no��a�er than Apr�l l,Z447.
<br /> ��} "P�o��r�y" means the property �ha� is described beloW under the h�ading "Transfer of Rights �n the
<br /> P rop erty."
<br /> ��� "]C.oa�"means the deb�ev�denced by the Nflte,plus interest, any prepaymen�charges and Ia�e charges due
<br /> under�he Note,and a�I sums due under this Securi�y Instrument,p�us in�erest.
<br /> (I� ���i.d.ers" means a�� R�d�rs to this Security �ns�rument �hat ar� execu�ed by Borrower. The fo��owing
<br /> �ders are to be execu�ed bv Borrovver�check box as applicab�e]:
<br /> ❑ Adjustab�e Ra�e�ider ❑ Condom�nium Ra.der ❑ Se�and Home Rider
<br /> ❑ Ba��oon Rider ❑ P�anned Un��Deve�opment R�der ❑ Bztivee�ly Payment R�der
<br /> ❑ �-4 Family l�ider ❑ Revo�able Trust l�i.der
<br /> ❑ ��her�s} �spec�fy]
<br /> �J} "Applic�.��e La�v"means a��controlling applicable federa.�,state and local s�atutes,regulatiQns,ordxnances
<br /> and adm�nzs�ra�ive rules and ord��s (that ha�e th� effec� of Iaw} as �e11 as a�l applicable f na�, non�appea�ab�e
<br /> j ud�c�al op�nzons.
<br /> (]K� "�o�a.�u�ity .�.ss�c�a��on �ues, �'ees, a�d. Ass�sSffients" means aII dues, fees, a55e55ment5 anCl Dt�.er
<br /> charaes that are �mposed on Borrotiv�r or the Proper�y by a cond�min�um. associat�on, homeawners assoc�ation or
<br /> similar organiza��on.
<br /> �L} "Eiect�-a�c �Eua�€�s 'I'r�.a�sf�r" means any transfer of funds, o�her than a transactzon ongina�ed by check,
<br /> draf�,�r simz�ar paper zns�rument,whzch is znzt�a�ed�hrough an eiectron�c termina�,telephonic�nstrument,computer;
<br /> ar magnetic tape so as to order,ins�ruc�, or au�horz�e a f nanc�ai institution�o deb�t or�red��an account. Such�erm
<br /> xn��udes, but is nat Iim��ed ta, point-af-sale transfers, autflmated t�l�er mach�ne transac�zons, �ransfers in��ia�ed by
<br /> �e��phane,w�r��ransfers,and automa�ed c�earinghouse transfers.
<br /> (� "Es����I�e�s"means thase i�ems that are described in Sec��on 3.
<br /> �N� "l��s�e�an�ous Proce�ds" means any com.pensation, settlemen�, a�rard of damag�s, or praceeds pa�d by
<br /> any third par�y���her than �nsurance proceeds pa�d under the cov�rages des�ribed in Sec�ian 5�for: ��) damage�o,
<br /> or destructzon of,�he Property; (i�}condemnat�on or other taking of al�or any par�af�he Proper�y; ����}conveyance
<br /> �n l�eu of cond�mna��on;or�zv�m�srepresentatzons of,or omzss�ans as to,the va.iue andlar condz��on of the Propez-�y.
<br /> ��} "l�o�tgage Insuran�e" m�ans insurance protec�ing Lender aga�nst the nonpaymen� of, or defau�� on, the
<br /> Loan.
<br /> �]P� "Pe��oc�ic Payffient" means �he regular�y schedu�ed axnount due for �z� pnincxpai and �nteres� under the
<br /> No�e,p�us�ii�any amoran�s under Sectxan 3 of this Security Ins�rum�nt.
<br /> Nebraska Deed vf Trust--Single�'arr�ily—�'a.n.muie M[aelFreddie Mac Un�form xnstrum.ent Form 3fl�8 Tla�
<br /> MERS Mod��ed
<br /> The Comp�iance Source,�nc. Pa�e 2 of I4 Mod.ifed by Cvmplia.n.ce Source I�3UINE�SI�U Rev�l.l��
<br /> ozo�o-2U I.5,The Co�'npliance Source,�nc.
<br /> � 5 1 3 — 2 � ❑ ❑ �3 b b �
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