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(C) "Lender" is MORTGAGE INVESTORS CORPORATION 200301715
<br />Lender is a corporation
<br />organized and existing under the laws of Ohio
<br />Lender's address is 6090 CENTRAL AVENUE, ST. PETERSBURG, FL 33707
<br />(D) "Trustee" is Fidelity National Title Insurance Company
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is
<br />acting solely as a nominee for Lender and Lender's successors and assigns MERS is the beneficiary
<br />under this Security Instrument MFRS is organized and existing under the laws of Delaware, and has an
<br />address and telephone number of P.O. Box 2026, Flint, MI 48501 -2026, tel. (888) 679 -MFRS.
<br />(F) "Note" means the promissory note signed by Borrower and datedJanuary 29, 2003
<br />The Now states that Borrower owes Lender seventy —five thousand two hundred ten and
<br />00 /100 Dollars
<br />(U.S. $75,210.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than February 1, 2033
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property."
<br />(H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges
<br />due under the Note, and all sums due under this Security lastrument, plus interest.
<br />(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following
<br />Riders are to be executed by Borrower [check box as applicable]:
<br />Adjustable Rate Rider E] Condominium Rider [71 Second Home Rider
<br />Balloon Rider E] Planned Unit Development Rider 1 -4 Family Rider
<br />VA Rider D Biweekly Payment Rider Otber(s) [specify]
<br />(J) "Applicable Law" means all controlling applicable federal, stare and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final,
<br />non - appealable judicial opinions.
<br />(K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Borrower or the Properly by a condominium association, homeowners
<br />association or similar organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by
<br />check, draft, or similar paper instrument, which is initiated through an electronic mmtinal, 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 m, point- of-sale transfers, 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 paid
<br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i)
<br />damage to, or destruction of, the Property; (i) condemnation or other taking of all or any part of the
<br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as m, the
<br />value and /or condition of tine Property.
<br />(0) "Mortgage Insurance" means insurance protecting ]ender against the nonpayment of, or default on,
<br />the Loan.
<br />325540 p Q, a
<br />® WNE)i000mm Pay, 2m 1e Imv�zia ` Form3028 1101
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