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2000062V7
<br />(H) " Riders" means all riders to this Security Instrument that are executed by Borrower. The following riders
<br />are to be executed by Borrower [check box as applicable):
<br />C3 Adjustable Rate Rider
<br />f 7 Graduated Payment Rider
<br />d Balloon Rider
<br />❑ Y.A. Rider
<br />0Condominium Rider O 1-4 Family Rider
<br />o pir, ci Unit Development Rider ❑ Biweekly Payment Rider
<br />0 Rate Improvement Rider O Second Home Rider
<br />O Others) [specify]
<br />(1) "Applicable Law" [means all controlling applicable federal, state and local statutes, regulations, ordinances
<br />and administrative rules and orders (that have the effect of law) as well as all applicable final, nnn- appealable
<br />judicial opinions.
<br />(J) "Community Association Dues, Fear and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Property by a condominium association, homeowners association
<br />or similar organization.
<br />(IQ "Electronic Ftmdts Transfer" means any transfer of funds, other than a transaction originated by check,
<br />draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument,
<br />computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an
<br />account. Such tenin includes, but is not limited to, point -of -sale transfers, automated teller machine
<br />transactions, transfers initiated by teleplimm, wire transfers, and automated clearinghouse transfers.
<br />(L) "Escrow Items" means those items that are described in Section 3_
<br />(M) "A'liscellsneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by
<br />any third patty (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage
<br />to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii)
<br />conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or
<br />condition of the Property.
<br />(l) "Mortgage Insurance" means insurance protocting Lender against the nonpayment of, or default on, the
<br />Loan.
<br />(0) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the
<br />Note, plus (ii) any amounts under Section 3 of this Security Instrument.
<br />(P) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its
<br />implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or
<br />any additional or successor legislation or regulation that governs the same subject matter. As used in this
<br />Security kuntrnent, "RESPA" refers to all requirements and restrictions that are imposed in regard to a
<br />"federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under
<br />RESPA.
<br />(Q) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not
<br />that party has assumed Borrower's obligations under the Note and/or this Security Instrument.
<br />TRANSFER OF RIGHTS IN THE PROPERTY
<br />This Security Instrument secures to Lender: 0) the repayment of the Loan, and all renewals, extensions and
<br />modifications of the Note; and (ii) the performance of Borrower's covenants and agreements under this Security
<br />Instrument and the Note. For this pur pose, Borrower irrevocably grants and conveys to Trustee, in trust, with
<br />power of sale, the following described property located in the County _ of
<br />HALL [Type of Recording Jurisdiction]
<br />[Name of Recording Jurisdiction]
<br />THE NORTH ONE HUNDRED FEET (1001) OF LOT THREE (3), lirl BLOCK ONE (1), IN
<br />FARM WGTON SECOND SUBDIVISION, REING A PART OF THE SOUTHEAST QUARTER OF
<br />THE SOUTHWEST QUARTER (SEX /4 SW1 /4) OF SECTION TWENTY ONE (21), TOWNSHIP
<br />NERMSKA- Single Family -Faoale MaeMreddie Mae UNIFORM I NSTRt1M8NT Form 3028 3199 (page 2 of 12 pages)
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