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(C) "Lender" is Principal Residential Mortgage, Inc
<br />200403494
<br />Lender is a Corporation
<br />organized and existing under the laws of the St
<br />Lender's address is
<br />711 High Street, Des Moines, IA 50
<br />(D) "Trustee" is Thomas L. Saladino
<br />13220 California Street,
<br />ate of Iowa
<br />392
<br />(E) "MERS" is Mortgage Electronic Registration Systl
<br />acting solely as a nominee for Lender and Lender's s)
<br />under this Security Instrument. MERS is organized an
<br />address and telephone number of P.O. Box 2026, Flint,
<br />(F) "Note" means the promissory note signed by Borrow
<br />The Note states that Borrower owes Lender
<br />Eighty Eight Thousand Four Hundred anc
<br />(U.S. $ 88,400.00 ) plus interest. Borrow(
<br />Payments and to pay the debt in full not later than Apr
<br />(G) "Property" means the property that is described be
<br />Property. "
<br />(I) "Loan" means the debt evidenced by the Note, plus
<br />due under the Note, and all sums due under this Security
<br />(1) "Riders" means all Riders to this Security Instrume
<br />Riders are to be executed by Borrower [check box as app
<br />0 Adjustable Rate Rider 0 Condominium Rider
<br />0 Balloon Rider 0 Planned Unit Develc
<br />0 VA Rider 0 Biweekly Payment R
<br />to 400, Omaha, NE 68154 -5228
<br />is, Inc. MERS is a separate corporation that is
<br />cessors and assigns. MERS is the beneficiary
<br />existing under the laws of Delaware, and has an
<br />148501-2026, tel. (888) 679 -MERS.
<br />anddated March 30, 2004
<br />00/100 Dollars
<br />has promised to pay this debt in regular Periodic
<br />1 1, 2019
<br />,w under the heading "Transfer of Rights in the
<br />:erest, any prepayment charges and late charges
<br />;trument, plus interest.
<br />that are executed by Borrower. The following
<br />ible]:
<br />0 Second Home Rider
<br />Rider 0 1 -4 Family Rider
<br />0 Other(s) [specify]
<br />I
<br />Q) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that havo the effect of law) as well as all applicable final,
<br />non - appealable judicial opinions.
<br />(I) "Community Association Dues, Fees, and Assessrr ents" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Prope y by a condominium association, homeowners
<br />association or similar organization.
<br />(L) "Electronic Funds Transfer" means any transfer f funds, other than a transaction originated by
<br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic
<br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit
<br />or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated teller
<br />machine transactions, transfers initiated by telephone wire transfers, and automated clearinghouse
<br />transfers.
<br />(11� "Escrow Items" means those items that are described in Section 3.
<br />(1� "Miscellaneous Proceeds" means any compensation settlement, award of damages, or proceeds paid
<br />by any third party (other than insurance proceeds paid u# der the coverages described in Section 5) for: (i)
<br />damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the
<br />Property; (iii) conveyance in lieu of condemnation; or ('v) misrepresentations of, or omissions as to, the
<br />value and /or condition of the Property.
<br />(0) "Mortgage Insurance" means insurance protecting .ender against the nonpayment of, or default on,
<br />the Loan. )r�
<br />- 6A(NE) (000s) Page 2 of t Form 3028 1/01
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