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200304535
<br />(C) "Lender "is HOMECOMINGS FINANCIAL NETWORK, INC.
<br />I ender is a CORPORATION
<br />organized and existing under the laws of DELAWARE
<br />Lender's address is 27725 STANSBURY BLVD, SUITE 375
<br />FARMINGTON HILLS, MI 48334
<br />(D) "Trustee" is ATTY JAMES R. GANZ, A MEMBER OF THE NEBRASKA BAR ASSOC.
<br />(E) "MFRS" is Mortgage Electronic Registration Systems, Inc. MFRS 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. MERS is orgmizW and existing under the laws of Delaware, and has an
<br />address and telephone number of P.O. Box 2026, Flint, MI 48501 -2026, let. (888) 679 -MFRS.
<br />(F) "Note" means the promissory note signed by Borrower and dated APRIL 9TH, 2003
<br />The Note states that Borrower owes Lender EIGHTY THOUSAND AND NO/ 100
<br />Dollars
<br />(U.S. $ 80,000 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 MAY 1ST, 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 Non:, plus interest, any prepayment charges and late charges
<br />(Inc under the Note, and all sums due under this Security Instrument, plus interest.
<br />(I) "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 />0 Adjustable Rate Rider El Condominium Rider 0 Second Home Rider
<br />0 Balloon Rider 0 Planned Unit Development Rider n 1-4 Family Rider
<br />LI VA Rider E] Biweekly Payment Rider D Other(s) Ispecifyl
<br />(J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative roles 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 Property 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 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 />(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) foe (f)
<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 (iv) misrepresentations of, or omissions as m, the
<br />value and /or erudition of dte Property.
<br />(0) "Mortgage Insurance" mums insurance protecting Lender against the nonpayment of, or default on,
<br />the Loan.
<br />MFNE7770 (12100) 1 041- 656295 -7 meal :i Q )J
<br />40 -6A(NE) v.os, rape z or rs Form 3028 1101
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