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2002056 (C) "Lander" is U.S. HANK N.A. Lender is a NATIONAL ASSOCIATION organized and existing under the laws of THE UNITED STATES OF AMERICA la;nder'x address is 4801 FREDERICA STREET, 041ENSHORO, KY 42300/1 Lender is the beneficiary under this Security Instrument. All (D) "Trustee" is TICOR TITLE INSURANCE COMPANY (E) "Note" means the promissory note signed by Borrower acrd dated MAY 24, 2002 The Note states that Borrower owes Leader FIFTY ONE THOUSAND AND N01100 Dollars (U.S. $ 51, 000.00 ) plus hnerest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than .TUNE 1, 2032 (F) "Property" meats the property that is described below under the heading "Transfer of Rights in the Property " (G) "Load' means the debt evidenced by the Nom, plus interest, any prepayment charges and lam charges due under the Note, and all sums due under this Security Instrument, plus interest. (H) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: Adjustable Rate Rider E-1 Condominium Rider 0 Second Home Rider U Balloon Rider U Planned Unit Development Rider U l4 Family Rider ® VA Rider 0 Biweekly Payment Rider 0 Others) [specify] (I) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non - appealable judicial opinions. (J) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condommium association, homeowners association or similar organization. (K) "Electronic Fuhhds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or smdlar paper instrument, which is initiated through an electronic terltind, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not lmnted m, point -of -sale transfers, autonwtul taller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means those items that arc described in Section 3. (M) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (it) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation or (iv) misrepresentations of, or omissions as to, the value and /or condition of We Property. (N) "Mortgage Insurance" means insurance protecting Ixnder against the nonpayment of, or default on, the Ivan. 4- 6G(NE) (Dias) vage2 ons �n,�a Form M28 1/81