|
1
<br />1
<br />(D) "Trustee" is Fidelity National Title Insurance Company, a Nebraska Corp.
<br />Trustee's address is 1901 N. Roselle Rd., Ste 650, Schaumburg, Cook County ILLINOIS 60195.
<br />(E) "VIERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely
<br />as a nominee for Lender and Lender's successors and assigns. MFRS is the beneficiary under this Security
<br />Instrument. MFRS is organized and existing under the laws of Delaware, and has an address and telephone number of
<br />P.O. Box 2026, Flint, MI 48501 -2026, tel. (888) 679 -MFRS:
<br />(F) "Note" means the promissory note signed by Borrower and dated March 28, 2017. The Note states that Borrower
<br />owes Lender ONE HUNDRED EIGHT THOUSAND NINE HUNDRED EIGHTY-NINE AND NO /100 Dollars
<br />(U.S. $108,989.00) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the
<br />debt in full not later than April 1, 2047.
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property,"
<br />(H) "Loan" means the debt evidenced by the Note, plus interest, Iate charges due under the Note, and all suns due under
<br />this Security Instrument, plus interest;
<br />(I) "Riders" means all Riders to this Security Instrtnnent that are executed by Borrower. The following Riders are to
<br />be executed by Borrower [check box as applicable]:
<br />El Li Adjustable Rate Rider Condominium Rider ❑ Planned Unit Development Rider
<br />Other(s) [specify]: 'V S l=h o., 1cs,,viC3 GWK rtce r p" " Nc ei ,:,her
<br />(.1) " Applicable Law" means all controlling applicable federal,: state and local statutes, regulations, ordinances and
<br />administrative rules and orders that have the effect of law) as well as all applicable final, non - appealable judicial
<br />opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that
<br />are imposed on Borrower or the Property by a condominium association, homeowners association or similar' organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or
<br />similar paper instrument, which is initiated through an electronic tenninal, telephonic instrument, computer, or magnetic
<br />tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not
<br />limited to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers,
<br />and automated clearinghouse 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 paid by any third
<br />party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction
<br />of, the Property, (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in Lieu of
<br />condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan
<br />(P) "Periodic Payment" means the regularly scheduled amount due for () principal and interest under the Note, phis
<br />(ii) any amounts under Section 3 of this Security Instrument.
<br />(Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. § 2601 et serf,) and its implementing
<br />regulation, Regulation X (12 C.F.R. Part 1024), as they might be amended from time to time, or any additional or
<br />successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA"
<br />refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the
<br />Loan does not qualify as a "federally related mortgage loan" under RESPA.
<br />(R) "Secretary" means the Secretary of the United States Department of Housing and Urban Development or his
<br />designee.
<br />FHA Nebraska Deed of Trust w ith MERE 1/2015
<br />IDS,. inc.
<br />Th L1
<br />Page 2 of 12
<br />201701929
<br />Borrowers) initials Y W1 i H
<br />
|