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200302298
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Last modified
10/15/2011 5:07:20 PM
Creation date
10/21/2005 4:15:29 PM
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DEEDS
Inst Number
200302298
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200302298 <br />2127002 <br />(C) "Lender" is State Farm Bank, F.S.B <br />Lender is a Federal Savings Bank <br />organised and existing under the laws of the United States <br />Lender's address is One State Farm Plaza, Bloomington, IL 61710 -0001 <br />Leader is the beneficiary under this Security Instrument. <br />(D)'Trostee" is Eric H Lindquist, Attorney <br />(E) "Note" meanslhe promissory note signed by Borrowerand dated February 21st, 2003 <br />The Note states that Borrower owes Lender One Hundred Eleven Thousand Three <br />Hundred Fifty and 00 /100 Dollars <br />(U.S. $ 111, 350 .00 ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later thaq,arch lot, 2018 <br />(F) "Prnperty" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(G) "Loan" means the debt evidenced by the Note, plus interest, any prepaymentcharges and late charges <br />due under the Note, and all sums due under this Security Instrument, plus interest. <br />(H) "Riders" means all Riders to this Security Instromemthat me executed by Borrower. The following <br />Riders are to be executed by Borrower [check box as applicable]: <br />0 Adjustable Rate Rider 1-1 Condominium Rider E] Second Home Rider <br />Balloon Rider El Planned Unit Development Ride 1-4 Family Rider <br />VA Rider El Biweekly Payment Rider El Other(s) [specify] <br />(1) "Applicable law" means all controlling applicable federal, state and local statutes, regulations, <br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable feral, <br />non- appealabicjudicial opinions. <br />(J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(K) "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 terminal, telephonic <br />instrument, computer, or magnetic tape so as to order, instruct, or authorise a financial institution to debit <br />or credit an account Such term includes, but is not limited to, point -of -sale transfers, amomaledtcller <br />machine transactions, transfers initiated by telephone, wive transfers, and automated clearinghouse <br />transfers. <br />(L) "Escrow Items" mcarethose items that aze describedin Section3. <br />(M) "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; (u) condemnation or other taking of all or any part of the <br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentationsof, or omissions as to, the <br />value and /or condition of the Property. <br />(N) 'Mortgage Insurance" means insurance protecting fender against the nonpayment of, or default on, <br />the Loan. <br />� ".ms: K <br />® -BINEI woos vy "2o(ls < K Form 3028 1101 <br />
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