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MIN: 123000000000117663
<br />Lucia Number: 2000303814
<br />Order Number:
<br />DEFINITIONS
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<br />01'his Instrument was prepared by:
<br />MorNurth Mortgage Corp.
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<br />224 Stb Street South
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<br />Brainerd, MINNESOTA 56401
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<br />WHEN RECORDED, MAIL ' f' /2
<br />MorNorth Mortgage Corp.
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<br />224 5th Street South
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<br />Brainerd, MINNESOTA 56401
<br />MIN: 123000000000117663
<br />Lucia Number: 2000303814
<br />Order Number:
<br />DEFINITIONS
<br />(Space Above This Line For Recording Data) ` \
<br />DEED OF TRUST��j
<br />Words used in mu Piple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 and 21. V
<br />Certain roles regarding the usage of words used in this document arc also provided in Section 16.
<br />(A) "Security Instrument" means this document, which is dated April 3, 2003, together with all Riders to this document.
<br />(B) "Borrower" is Mike Deines and Liane Reines, husband and wife, as joint tenants . Borrower is the trostor tinder this Security
<br />Instrument.
<br />(C) "Lender" is MorNorth Mortgage Corp.. Lender is , A Minnesota Corporation, organized and existing under the laws of
<br />Minnesota.
<br />Lenin address is 224 5th Street South, Brainerd, MINNESOTA 56401.
<br />IT) "Truster"is. FIRST AMERICAN TITLE INSURANCE COMPANY
<br />(F) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely as a nominee for
<br />Lender and Lender's successors and assigns. MFRS is the mortgagee under this Security Instrument. MERS is organized and existing
<br />under the laws of Delaware, and has m address and telephone number of P.O. Box 2026, Flint, AD 48501 -2026, tel. (888) 679 -MFRS.
<br />(F) "Note" means the promissory note signed by Borrower and dated April 3, 2003. The Note states that Borrower owes Lender
<br />SEVENTY -SIX I HOUSAND EIGHT HUNDRED and no /100 Dollars (U.S. $76,800.00) plus interest Borrower has promised to pay
<br />this debt in regular Periodic Payments mid to pay the debt in full not later than April 1, 2033 -
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(H) "Loan" morns the debt evidenced by the Note, plus interest, my prepayment charges and late charges due under the Note, and all sums
<br />due under this Security Instrument, plus interest.
<br />(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are, to be executed by
<br />Borrower (check box as applicable):
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider Planned Unit Development Rider ❑ VA Rider
<br />❑ 1-4 Family Itidcr Biweekly Payment Bider
<br />❑
<br />Other (Specify)
<br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules
<br />and orders (that have the effect of law) as well as all applicable final, non-uppeulable judicial opinions.
<br />(B) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on
<br />Borrower or the Property by a condominium association, homeowners association or similar organization.
<br />(L) "Electronic Fonds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper
<br />instrument, which is initialed through an electronic put initial, telephonic instrument, computer, or magnetic tape So as to order, instract, or
<br />authorize a financial institution to debit or credit au account. Such term includes, but is not limited to, point -of Sale transfers, auomated
<br />teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse it mullets.
<br />(M) "Escruw 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 my third party (other than
<br />insurance proceeds paid Under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (if) condemnation
<br />or other taking of all or my part of the Property; (n) convcyancc in lieu of condettmative; or (iv) misrepresentations of, or omissions es
<br />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 (i) principal and interest under the Note, plus (ii) any amounts
<br />under Section 3 ofthis Security Instrument.
<br />NEBRASKA - Single Faulty Fannie MaelFreddie, Mac UNIFORM INSTRUMENT warn MERE Form 3028 1101
<br />Page t of Z
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<br />(Space Above This Line For Recording Data) ` \
<br />DEED OF TRUST��j
<br />Words used in mu Piple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 and 21. V
<br />Certain roles regarding the usage of words used in this document arc also provided in Section 16.
<br />(A) "Security Instrument" means this document, which is dated April 3, 2003, together with all Riders to this document.
<br />(B) "Borrower" is Mike Deines and Liane Reines, husband and wife, as joint tenants . Borrower is the trostor tinder this Security
<br />Instrument.
<br />(C) "Lender" is MorNorth Mortgage Corp.. Lender is , A Minnesota Corporation, organized and existing under the laws of
<br />Minnesota.
<br />Lenin address is 224 5th Street South, Brainerd, MINNESOTA 56401.
<br />IT) "Truster"is. FIRST AMERICAN TITLE INSURANCE COMPANY
<br />(F) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely as a nominee for
<br />Lender and Lender's successors and assigns. MFRS is the mortgagee under this Security Instrument. MERS is organized and existing
<br />under the laws of Delaware, and has m address and telephone number of P.O. Box 2026, Flint, AD 48501 -2026, tel. (888) 679 -MFRS.
<br />(F) "Note" means the promissory note signed by Borrower and dated April 3, 2003. The Note states that Borrower owes Lender
<br />SEVENTY -SIX I HOUSAND EIGHT HUNDRED and no /100 Dollars (U.S. $76,800.00) plus interest Borrower has promised to pay
<br />this debt in regular Periodic Payments mid to pay the debt in full not later than April 1, 2033 -
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property."
<br />(H) "Loan" morns the debt evidenced by the Note, plus interest, my prepayment charges and late charges due under the Note, and all sums
<br />due under this Security Instrument, plus interest.
<br />(1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are, to be executed by
<br />Borrower (check box as applicable):
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider
<br />❑ Balloon Rider Planned Unit Development Rider ❑ VA Rider
<br />❑ 1-4 Family Itidcr Biweekly Payment Bider
<br />❑
<br />Other (Specify)
<br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules
<br />and orders (that have the effect of law) as well as all applicable final, non-uppeulable judicial opinions.
<br />(B) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on
<br />Borrower or the Property by a condominium association, homeowners association or similar organization.
<br />(L) "Electronic Fonds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper
<br />instrument, which is initialed through an electronic put initial, telephonic instrument, computer, or magnetic tape So as to order, instract, or
<br />authorize a financial institution to debit or credit au account. Such term includes, but is not limited to, point -of Sale transfers, auomated
<br />teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse it mullets.
<br />(M) "Escruw 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 my third party (other than
<br />insurance proceeds paid Under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (if) condemnation
<br />or other taking of all or my part of the Property; (n) convcyancc in lieu of condettmative; or (iv) misrepresentations of, or omissions es
<br />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 (i) principal and interest under the Note, plus (ii) any amounts
<br />under Section 3 ofthis Security Instrument.
<br />NEBRASKA - Single Faulty Fannie MaelFreddie, Mac UNIFORM INSTRUMENT warn MERE Form 3028 1101
<br />Page t of Z
<br />ios'. m=.leaol ssa.,sre Borrowers) Initlalsm_
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