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200206300 (C) "Lender" is U.S. BANK N.A Lender is NATIONAL ASSOCIATION organized and existing under the laws of THE UNITED STATES OF AMERICA Lender's address is 4801 FREDERICA STREET, OWENSBORO, KY 42301 Tender is the beneficiary under lets Security Instrument. (U) "Trustee" is TICOR TITLE INSURANCE COHPANY (R) "Note" means the promissory note signed by Borrower and dared JUNE 10, 2002 The Note states that Borrower owes (ender ONE HUNDRED THIRTY EIGHT THOUSAND FIVE HUNDRED SEVENTY SEVEN AND N0 1100 Dollars (US. $ 138, 577.00 ) plus interest Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than JULY 1, 2032 (F) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (Ii) "Riders" means all Riders to this Security Instrument that are executed by Borrower. 'the following Riders are to he exeaded by Borrower (check box as applicable]: D Adjustable Rate Rider 0 condominium Rider E71 Second home Rider LJ Ball non Rider L Planted Unit Development Rider 0 l -4 Family Rider 0 VA Rider 0 Biweekly Payment Rider L-1 Olner(s) [specify) (1) "Applicable Law" means all controlling applicable federal, slate and local strides, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable fatal, non - appealable judicial opinions. (J) "community Association Uses, Fees, and Assessments" mums all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (K) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or shndar paper instrument, which is initiated through an electronic terminal, telephomc instrument, computer, or ini gnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account Such tern[ includes, but is not limited to, point-of sale transfers, automated teller machine transactions, transfers mitiacd by telephone, wire transfers, and automated clearinghouse transfers. (L) "Escrow Items" means (hose items [bad are described at 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) nor: (i) damage do, or destruction of, the Property, (it) condemnation or other taking of all or any part df the Property; (iii) conveyance in lieu of condemnation or (iv) misrepresentations of, or omissions as to, the value and /or condition of the Property. (N) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. r,.2 Form 3028 1/01